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New York Liquidation Bureau
Maria T. Vullo
Superintendent as Receiver
 
Court Orders:


Contact Person(s):

General Information:

William Schmidt

Phone  (212) 341-6510

Email   wschmidt@nylb.org

Claim Information:

Pansy Satnarine

Phone  (212) 341-6863

Email   psatnarine@nylb.org

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Contractors Casualty & Surety Co.

Estate Profile:
Date of Rehabilitation: 07/01/1999
Date of Liquidation: 10/04/1999
Termination of Policies: 08/01/1999
Proof of Claim Filing Deadline: 02/04/2000
Dividend Distribution: 08/2012 01.58%
Bar Date: None


Historical Information:

Contractors Casualty & Surety Company was incorporated on February 28, 1991, under the laws of New York State. It was licensed to write business on March 19, 1992. Contractors wrote performance and payment bonds for small and medium size contractors and ceased underwriting in early 1999. Frontier Insurance Company, a New York insurer, was in negotiations to acquire CCSC but the acquisition never materialized. During these negotiations, and subsequent to, CCSC was writing business on Frontier paper.

Contractors Casualty was placed into Rehabilitation on July 1, 1999, and into Liquidation on October 4, 1999.