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.
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested 
Trump Approves Disaster Requests for at Least 7 States; Others Wait From This Issue
