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Division of Rehabilitation and Liquidation

Company Information

Name of Company: Superior Insurance Company
Date of Rehabilitation: August 29, 2003
Type of Coverage: Property and Casualty
State of Domicile: Florida
Status of Receivership: Rehabilitation

On August 29, 2003, Superior Insurance Company (“Superior) was placed into receivership for the purpose of rehabilitation by order of the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services, Division of Rehabilitation and Liquidation is the court appointed Receiver of Superior. The basis for Superior's consent to receivership was not the financial impairment or insolvency of the company. Superior consented to be placed into rehabilitation in order for the Department to better assist the company in meeting its statutory and other obligations.

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