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Court Orders:


Contact Person(s):

Mary Ann Donnelly

Phone  (212) 341-6271

Email   MDonnelly@nylb.org

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Transtate Insurance Co.

Estate Profile:
Date of Rehabilitation: 12/17/1997
Date of Liquidation: 07/09/1998
Termination of Policies: 08/01/1998
Proof of Claim Filing Deadline: 11/09/1998
Dividend Distribution: None
Bar Date: None


Historical Information:

The Company was incorporation on March 15, 1989, under the laws of New York State and commenced operation on March 2, 1990. The company was only licensed to write business in New York State and specialized in underwriting commercial property packages of liability and fire coverage's. Overall earnings were poor and underwriting income was marginal compared over a five year period with peer group norms. The company was placed into liquidation July 9, 1998.