Last Updated: December 2, 2024
Northwestern National Insurance Company of Milwaukee, Wisconsin (CLOSED)
Time Insurance Company (CLOSED)
Wisconsin Reinsurance Corporation and 1st Auto & Casualty Insurance Company
Additional information regarding companies in receivership may be accessed from the Global Receivership Information Database (GRID) Reports, which is maintained by the National Association of Insurance Commissioners (NAIC). The GRID database maintains receivership information from all U.S. jurisdictions.
The following are descriptions of companies in rehabilitation or liquidation. Generally in a liquidation, policies are terminated fifteen days after the liquidation date. Assets are distributed in accordance with statute. In a rehabilitation, coverage can be extended or run-off. The company operates under a plan of rehabilitation, policies do not necessarily terminate, although they may. It is possible for a company to move from rehabilitation to liquidation.
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