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.
Husband and Wife Insurance Brokers Sentenced for Fraud Scheme 
Jury Awards 78-Year-Old Victim $56 Million for Crash Caused by Amazon Delivery Driver 
US Mortgage Rates Rise for Third Straight Week 
FDA Says It’s Investigating Another Cyclospora Parasite Outbreak From This Issue
