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.
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