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The New York Liquidation Bureau (NYLB) is a unique entity. Receiving no funding from taxpayers, it carries out the responsibilities of the Superintendent of Financial Services as Receiver, and acts on his behalf in the discharging of his statutorily defined duties to protect the interests of the policyholders and creditors of insurance companies that have been declared impaired or insolvent.

The NYLB has performed this function since 1909, when the New York State Legislature passed the law mandating that the Superintendent assume the separate responsibility of Receiver. In the case of each insurance company in receivership, the Superintendent as Receiver is appointed by the New York State Supreme Court. The Court approves all of the actions of the Superintendent, and by extension those of the NYLB.
[Read the NYLB Mission Statement]

Legal and Estate Notices:
  • Essence Healthcare of New York, Inc.
    An Order to Show Cause seeking, among other things, an order of liquidation against Essence Healthcare of New York, Inc. has been submitted to the Court with a return date of February 4, 2015.
    - [Read order and the papers upon which it was granted]
  • Folksam International Insurance Company (UK) Limited
    An order was filed with the New York County Clerk’s office, on December 12, 2014, approving a conservation agreement and closing this conservation proceeding upon distribution of the trust fund.
    -[Read Order]
  • UHAB Mutual Insurance Company
    UHAB was placed into liquidation and the Superintendent of Financial Services of the State of New York was appointed as liquidator on December 16, 2014, by order of the Supreme Court of the State of New York.
    - [Read Notice]
    - [Read Order]
  • Cigna Healthcare of New York, Inc.
    An Order to Show Cause seeking, among other things, an order of liquidation against Cigna Healthcare of New York, Inc. has been submitted to the Court with a return date of January 21, 2015.
    - [Read order and the papers upon which it was granted]
  • Colonial Indemnity Insurance Company
    An order was filed with the New York County Clerk’s office, on December 5, 2014, closing this liquidation proceeding.
    - [Read Order]
  • UHAB Mutual Insurance Company
    An Order to Show Cause seeking, among other things, an order of liquidation against UHAB Mutual Insurance Company has been submitted to the Court with a return date of December 15, 2014.
    - [Read order and the papers upon which it was granted]
  • More...