P.O. Box 91064
Baton Rouge, LA 70821
The Office of Receivership plans, coordinates and administers the rehabilitation
and liquidation of insolvent insurers pursuant to Part XVI and other applicable
statutes contained in the Louisiana Insurance Code (Title 22 of the Louisiana Revised
Statutes) and under the supervision of the 19th Judicial District Court of Louisiana.
The goal of the rehabilitation process is to restore troubled insurers to financial
health whenever possible. Absent successful restoration of the insurers' financial
status, the goal of liquidation is to maximize the value of the assets of the failed
insurers and to distribute assets equitably in accordance with the priority of claims
prescribed by law.
Barry Karns, Court Appointed Receiver