NJ Indicates Imperial Casualty Has 50 Active Claims

Trenton, NJ (CompNewsNetwork) - The New Jersey Department of Labor and Workforce Development was informed that Imperial Casualty and Indemnity is insolvent and has been placed into liquidation by the Oklahoma Department of Insurance. Imperial Casualty and Indemnity underwrote its own policies and policies administered by Providence Casualty and Indemnity and Park Avenue Casualty and Indemnity. Their records indicate that there are about fifty (50) active cases affected by this liquidation.
The administration of all claims against there carriers will be handled by the New Jersey Property and Liability Guaranty Fund (NJ PLIGA). The NJDOLWD anticipate that NJ PLIGA will appoint attorneys in all active cases in the very near future.

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