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.
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
How Insurers Know When It’s Time to Scale AI 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
AM Best Upgrades Credit Ratings of Missouri’s Columbia From This Issue
