OSD Mission Statement
The Office of the Special Deputy Receiver represents the Director of Insurance of the State of Illinois in managing all Illinois insurance companies in receivership. Our mission is maximization of assets, the fair disposition of claims, and timely delivery of assets to creditors.
OSD Latest News
Interstate Bankers Casualty Company - On August 19, 2015, an Order of Liquidation was entered against Interstate Bankers Casualty Company (“Interstate”) by the Circuit Court of Cook County, Illinois pursuant to the provision of Article XIII of the Illinois Insurance Code, 215 ILCS5/187 et. seq.
Administrative Employers Group Inc. - On July 23, 2015 the Supervising Court approved the Liquidator's application for an order authorizing the Director to declare an 80% interim dividend on all timely filed claims allowed at level (d).