OSD Mission Statement
Our mission is to achieve consumer protection through receivership resolution expertise and the execution of a resolution strategy appropriate to the unique circumstances of each troubled company estate, including maximization of asset recovery, fair disposition of claims, and timely delivery of assets to creditors.
OSD Latest News
Lumbermens Mutual Casualty Company On February 13, 2024, the Supervising Court approved the Liquidator’s Application for authorization to issue a 15% first interim dividend on all claims allowed, or to be allowed, at Level D of Illinois’ schedule of priorities. Details concerning the requirements for receiving a dividend check are set forth in the court’s approval order which can be found here
Land of Lincoln Mutual Health Insurance Company ("Land of Lincoln") On July 19, 2023, the Supervising Court entered an order in accordance with 215 ILCS 5/210(3) authorizing the Liquidator to effectuate the issuance of a 100% (100 percent) dividend, payable from Estate Assets, on all claims allowed at Level F.