Advertisement
YOU ARE HERE: LAT HomeCollectionsLiquidation

BRIEFLY

A judge OKd liquidation of Mission Insurance.

February 25, 1987

Mission, one of the nation's largest writers of workers' compensation insurance until it suffered losses by entering into such high-risk areas as liability coverage for asbestos removal and day-care centers, was ordered liquidated by Los Angeles Superior Court Judge Ricardo Torres. Policyholders eventually will be notified on how to proceed in making claims, which will be paid by the California Insurance Guarantee Assn. The order will also result in the liquidation of three of Mission's subsidiaries in California and Missouri: Enterprise Insurance of Los Angeles and Holland-America Insurance and Mission Reinsurance, both of Kansas City, Mo.

Advertisement
Los Angeles Times Articles
|
|
|