This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - August 13, 2003 03:02 PM (EDT)

Pa. Has Spent More Than $250 Million to Run Reliance

Pennsylvania's Department of Insurance has spent more than $250 million to administer the liquidated Reliance Insurance Co. since taking over the failed insurer in May 2001, according to court . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Liquidation Guaranty Funds Runoffs Pennsylvania Litigation

Reprints & Redistribution

Latest News

BEST'S NEWS
Best's News: Industry Watchers on Trump 2.0: Tax Cuts, Tariffs and Sun-Setting ACA Subsidies
Dec 20, 2024 04:15 PM (EST)

SOUTH CAROLINA
South Carolina Unmasks Supervision, Cease-and-Desist Orders to A-Cap Life Insurers
Dec 20, 2024 03:52 PM (EST)

LIMRA INTERNATIONAL
LIMRA: US Workplace Supplemental Health, Other Products Saw Growth in Third Quarter
Dec 20, 2024 03:42 PM (EST)

MANAGING GENERAL AGENT
MGA Coterie Partners With Digital Insurance Marketplace Simple Business
Dec 20, 2024 03:23 PM (EST)

COVID-19 (CORONAVIRUS)
Ninth Circuit: Tribal Court Has Jurisdiction Over COVID-19 Business Claims Lawsuit
Dec 20, 2024 03:09 PM (EST)

More from Best’s News

Trending

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
002419	Reliance Insurance Company
000072	Reliance Insurance Group

Another Lawsuit Filed in Reliance Insurance Liquidation
Jul 07, 2003 02:44 PM (EDT)

Pa. Filing Seeks Return of Payments Received by Reliance CEO
Jun 24, 2003 03:14 PM (EDT)

N.C. Insurers Might Pay $40 Million More in Reliance Insolvency
Jun 04, 2002 12:00 AM (EDT)

Attorneys: Reliance Reinsurance Guidelines Will Hurt Policyholders
May 09, 2002 12:00 AM (EDT)

Louisiana Guaranty Fund to Delay Assessments on Reliance Failure
Dec 21, 2001 12:00 AM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html