On Feb. 12, 2004, the Lancaster, Neb. County District Court entered an order for the liquidation of the Protective National Insurance Company of Omaha, a Nebraska-domiciled insurer based in Omaha. The liquidation order was based on a finding by Insurance Director L. Tim Wagner that further attempts to rehabilitate the company would substantially increase the risk of loss to insureds, creditors, or the public and would be futile. The company has been the subject of rehabilitation proceedings since 1991. Ted Kessner has been appointed special deputy liquidator.
Was this article valuable?
Here are more articles you may enjoy.
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Business Interruption Claims Arising From the Middle East Conflict 
How Niche Insurance Shielded Bad Bunny From Bad Weather From This Issue
