Office of the Special Deputy Receiver

Representing Andrew Boron, Director of Insurance, Illinois Department of Insurance
Paul A. Miller, Special Deputy Receiver & Chief Executive Officer

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

Legion Indemnity Company - Based upon our best estimates and barring any unforeseen circumstances, the Special Deputy Receiver expects that a dividend of 100% will be distributed by December 31, 2014 on timely filed claims allowed at the general creditor level (g) of the Illinois statutory distribution scheme.  This Good Faith Estimate is based upon information available and the circumstances known at the time that it was made.  Before relying on this estimate in making any decisions, be aware that the underlying facts and circumstances upon which it is based are subject to change.

Illinois Restaurant Risk Management Association, Inc. - Based upon our best estimates and barring any unforeseen circumstances, the Special Deputy Receiver expects that a first dividend of 50% will be distributed by December 31, 2014 on timely filed claims allowed at the policyholder priority level d) of the Illinois statutory distribution scheme. This Good Faith Estimate is based upon information available and the circumstances known at the time that it was made. Before relying on this estimate in making any decisions, be aware that the underlying facts and circumstances upon which it is based are subject to change.

© Copyright 2010. The Office of the Special Deputy Receiver. Privacy Statement | Contact Us | OSD Financial Statements | Article XIII