The New York Liquidation Bureau (the Bureau) carries out the responsibilities of the
Superintendent of Insurance in his capacity as liquidator, rehabilitator, conservator or ancillary
receiver of all entities under his receivership pursuant to Articles 74, 75, 76 and 77 of the New York
Insurance Law and Article 6A of the Workers Compensation Law (the Receiver). The Bureau
acts on the Receivers behalf in discharging his duties to protect policyholders and creditors of
insurance companies that have been placed into his receivership (Estates). The Bureaus objective
is to maximize the assets and resolve the liabilities of such companies in an effort to return
rehabilitated companies to the marketplace or to distribute the assets of liquidating companies to
creditors. A current list of Estates under the Receivers receivership may be found at
http://www.nylb.org/Estates.htm.
The Bureau also is responsible for the administration and adjudication of claims which meet the
criteria for coverage under the Property/Casualty Insurance Security Fund, Public Motor Vehicle
Liability Security Fund and Workers Compensation Security Fund. The Bureau, in carrying out its
duties, frequently uses the services (Services) of litigation-support professionals selected from five
of its Expert panels. The Bureau retains experts from pre-screened panels of individuals and firms
that are highly qualified to perform the relevant Services (Panels). The Bureau is reconstituting the
Panels and is interested in placing experienced and highly skilled litigation-support firms and
individuals (Experts) on the Panels.