The California Conservation and Liquidation Office (CLO) operates under the authority of the Insurance Commissioner to rehabilitate or liquidate troubled insurance enterprises in California, ensuring fair and timely handling of property for the benefit of all claimants.
Recent appointments as Conservator and Liquidator for companies like Crusader Insurance Company and Western General Insurance Company demonstrate the CLO's commitment to protecting policyholders, creditors, and the public by overseeing the conservation or liquidation of financially distressed insurance entities.
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