Office of the Special Deputy Receiver

Representing Jennifer Hammer, Director of Insurance, Illinois Department of Insurance

Jim Stephens, Special Deputy Receiver & Chief Executive Officer

Constitutional Casualty Company

Welcome to the webpage for Constitutional Casualty Company. On January 21, 2011, Constitutional Casualty Company was ordered into liquidation. Jennifer Hammer, Director of Insurance of the State of Illinois, is the statutory and court-affirmed Liquidator. By Illinois law, the Director may appoint a Special Deputy Receiver to administer the receivership. The Office of the Special Deputy Receiver has been appointed to assist in the day-to-day administration of the liquidation proceedings under the direction of the Director. Here is additional information on Constitutional Casualty Company:
   
Liquidation Date: January 21, 2011
Claims Filing Deadline: July 23, 2012
Contingent Claims Filing Deadline: January 23, 2013
   
Docket Number: 10 CH 47490
  Click here to view the Constitutional Casualty Company docket and upcoming court dates maintained by the Clerk of the Supervising Court.
Related Documents and Links:  
Financial Statements and Independent Auditors' Report
Notices
Receivership Pleadings and Orders
Statement of Affairs
Statement of Changes in Cash and Invested Assets
Contact OSD Staff

Latest News:  
   
Historical Data: Check the NAIC Global Receivership Information Database ("GRID") for  additional data on insurance companies in receivership.

On January 7, 2011, Illinois Director of Insurance Michael T McRaith filed a Verified Complaint for Liquidation of Constitutional Casualty Company in the Circuit Court of Cook County, Illinois, pursuant to the provisions of Article XIII of the Illinois Insurance Code. The Complaint for Liquidation seeks the entry of an Order of Liquidation with a Finding of Insolvency. The Illinois Insurance Guaranty Fund will be triggered for the protection of Constitutional Casualty Company's policyholders in accordance with the provisions of the Illinois Insurance Guaranty Fund Act, in the event that the Order of Liquidation and Finding of Insolvency sought by Director McRaith is entered by the Circuit Court. Under Illinois law, Constitutional Casualty Company has ten days to answer the Verified Complaint.

On January 21, 2011, the Circuit Court of Cook County Illinois entered an Agreed Order of Liquidation With A finding of Insolvency against Constitutional Casualty Company. The Agreed Order of Liquidation has triggered the protection of the Illinois Insurance Guaranty Fund in accordance with the provisions of the Illinois Insurance Guaranty Fund Act. Policies that do not otherwise expire on an earlier date, and that are covered by the Illinois Insurance Guaranty Fund, shall be cancelled effective 11:59 p.m., Central Standard Time, on February 20, 2011. Any policy that is not covered by the Illinois Insurance Guaranty Fund was cancelled upon the entry of the Agreed Order of Liquidation.

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