Pride National Insurance Company

Estate Overview

Case Number CJ-2013-1448

Receivership Date

03/08/2013

Liquidation Date

07/10/2013

Policies Terminated

08/10/2013

Deadline to file Proof of Claim

04/07/2014

Closure Date

To be determined

Assistant Receiver

Donna L. Wilson, CIR-ML

Receivership Counsel

George Emerson of Riggs, Abney, Neal, Turpen, Orbison & Lewis

Judge

Honorable Judge Richard C. Ogden

Events and Information

11/10/2022 - Seventeenth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Seventeenth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

09/06/2022 - Notice of Hearing Seventeenth Report

A copy of the Notice of Hearing for the Seventeenth Report uploaded.

09/06/2022 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Seventeenth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

09/06/2022 - Seventeenth Report Filed

The Receiver filed the Receiver’s Seventeenth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

05/03/2022 - Sixteenth Report Filed

The Receiver filed the Receiver’s Sixteenth Report on Claims Evaluation.

10/21/2021 - Fifteenth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Fifteenth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

09/01/2021 - Notice of Hearing Fifteenth Report

A copy of the Notice of Hearing for the Fifteenth Report uploaded.

09/01/2021 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Fifteenth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

09/01/2021 - Fifteenth Report Filed

The Receiver filed the Receiver’s Fifteenth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

03/04/2021 - Fourteenth Report Filed

The Receiver filed the Receiver’s Fourteenth Report on Claims Evaluation. No claims reported.

10/30/2020 - Thirteenth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Thirteenth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

09/08/2020 - Notice of Hearing Thirteenth Report

A copy of the Notice of Hearing for the Thirteenth Report uploaded.

09/08/2020 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Thirteenth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

09/04/2020 - Thirteenth Report Filed

The Receiver filed the Receiver’s Thirteenth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

05/11/2020 - Twelfth Report

No claims to report

09/06/2019 - Eleventh Report

No claims to report

04/25/2019 - Tenth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Tenth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

03/07/2019 - Notice of Hearing Tenth Report

A copy of the Notice of Hearing for the Tenth Report uploaded.

03/07/2019- Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Tenth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

03/07/2019 - Tenth Report Filed

The Receiver filed the Receiver’s Tenth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

11/01/2018 - Ninth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Ninth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

09/07/2018 - Notice of Hearing Ninth Report

A copy of the Notice of Hearing for the Ninth Report uploaded.

09/07/2018- Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Ninth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

09/07/2018 - Ninth Report Filed

The Receiver filed the Receiver’s Ninth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

04/20/2018 - Eighth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Eighth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

03/08/2018 - Notice of Hearing Eighth Report

A copy of the Notice of Hearing for the Eighth Report uploaded.

03/08/2018 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Eighth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

03/07/2018 - Eighth Report Filed

The Receiver filed the Receiver’s Eighth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

10/20/2017 - Seventh Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Seventh Report on Claims Evaluation and Confirming Receiver’s Recommendation.

09/06/2017 - Notice of Hearing Seventh Report

A copy of the Notice of Hearing for the Seventh Report uploaded.

09/06/2017 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Seventh Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

09/06/2017 - Seventh Report Filed

The Receiver filed the Receiver’s Seventh Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

05/05/2017 - Sixth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Sixth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

03/10/2017 - Notice of Hearing Sixth Report

A copy of the Notice of Hearing for the Sixth Report uploaded.

03/10/2017 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Sixth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

03/06/2017 - Sixth Report Filed

The Receiver filed the Receiver’s Sixth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

10/26/2016 - Fifth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Fifth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

09/08/2016 - Notice of Hearing Fifth Report

A copy of the Notice of Hearing for the Fifth Report uploaded.

09/08/2016 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Fifth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

09/07/2016 - Fifth Report Filed

The Receiver filed the Receiver’s Fifth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

04/21/2016 - Fourth Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Fourth Report on Claims Evaluation and Confirming Receiver’s Recommendation.

03/04/2016 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Fourth Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

03/04/2016 - Fourth Report Filed

The Receiver filed the Receiver’s Fourth Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

10/22/2015 - Third Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Third Report on Claims Evaluation and Confirming Receiver’s Recommendation.

09/04/2015 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Third Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

09/04/2015 - Third Report Filed

The Receiver filed the Receiver’s Third Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

04/30/2015 - Second Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Second Report on Claims Evaluation and Confirming Receiver’s Recommendation.

03/06/2015 - Notice of Hearing Second Report

A copy of the Notice of Hearing for the Second Report uploaded.

03/06/2015 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadline to Object to Receiver’s Second Report on Claims Evaluation and Confirmation of Receiver’s Recommendation and Setting Hearing Date and Objection Deadline on the Receiver’s Report.

03/06/2015 - Second Report Filed

The Receiver filed the Receiver’s Second Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

10/3/2014 - First Report Approved

The Oklahoma County District Court approved the Order Approving Receiver’s First Report on Claims Evaluation and Confirming Receiver’s Recommendation.

08/08/2014 - Notice of Hearing First Report

A copy of the Notice of Hearing for the First Report uploaded.

08/07/2014 - First Report Filed

The Receiver filed the Receiver’s First Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendation.

12/20/2013 - Notice of Liquidation

A copy of the Notice of Liquidation (extended deadline) uploaded.

12/20/2013 - Extension Order Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Application for Extension of Claims Filing, Claim Reporting and Evaluation and Deadlines.

08/09/2013 - Proof of Claim Form

A copy of the Proof of Claim form and Instructions uploaded.

08/09/2013 - Unconditional Assignment Form

A copy of the Unconditional Assignment form uploaded.

08/09/2013 - Application Order Approved

The Oklahoma County District Court approved the Order Approving Receiver’s Combined Application for Approval of (A) Notice of Liquidation, (B) Form of Proof of Claim and Instructions, (C) Form of Unconditional Assignment and Application for the Approval of Receiver’s Claims Reporting and Evaluation Plan.

07/12/2013 - Application Filed

The Receiver filed the Receiver’s Combined Application for Approval of (A) Notice of Liquidation, (B) Form of Proof of Claim and Instructions, (C) Form of Unconditional Assignment and Application for the Approval of Receiver’s Claims Reporting and Evaluation Plan.

07/10/2013 - Liquidation Order Approved

The Oklahoma County District Court approved the Order of Liquidation with a Finding of Insolvency.

07/09/2013 - Liquidation Application Filed

The Receiver filed the Receiver’s Application For Order of Liquidation.

07/09/2013 - Notice of Cancellation

A copy of the Notice of Cancellation sent to active policyholders uploaded.

05/20/2013 - Stay of Litigation Extension

The Receiver filed and the Oklahoma County District Court approved the Order Extending Stay of Litigation.

04/10/2013 - Mississippi Suspension

The Insurance Commissioner of Mississippi filed an Order of Suspension. With this Order, Pride’s Mississippi Certificate of Authority is suspended.

03/08/2013 - Rehabilitation Order Approved

The Oklahoma County District Court approved the Order Placing Insurer Into Receivership, Appointing Receiver, Issuance of Injunction and Order for Rehabilitation and Consent Thereto.

03/06/2013 - Arkansas Suspension

The Insurance Commissioner of Arkansas filed an Order of Suspension. With this Order, Pride’s Arkansas Certificate of Authority is suspended.

Receivership Information

Policyholders, claimants and creditors having claims against Pride National Insurance should have filed a Proof of Claim form, together with proofs of loss with the Assistant Receiver no later than April 7, 2014. Proof of Claim forms received after April 7, 2014 will lose their statutory priority and may not receive a distribution of assets. Copies of the Notice and Proof of Claim form can be found above.

For the protection of policyholders, the Order of Liquidation activated the State Guaranty Funds in the states where Pride was licensed to do business. It is believed that most claimants will be protected by their State Guaranty Fund subject to statutory limitations.