Wasatch Crest Insurance Company in Liquidation

Wasatch Crest Insurance Company was placed into liquidation by order of the Third Judicial Disrict Court, Salt Lake County, Utah on July ,31, 2003. The Commissioner of Insurance sought an order of Liquidation based on the finding that Wasatch Crest Insurance Company was insolvent, according to the definition of “insolvency” in Utah Code Ann. 31-A-1-301-(77) (2001) (amended 2003 under Utah Code Ann. 21A-27-302(2)). The continued operation of Wasatch Crest Insurance Company in its hazardous financial condition would substantially increase the risk of loss to policyholders and creditors of Wasatch Crest Insurance Company, and the public.

Wasatch Crest Insurance Company was a Utah-domiciled stock insurance corporation authorized to do business as a property and casualty insurance company and was licensed by 15 states to write property and casualty insurance, although was primarily only actively writing insurance in Utah and Oregon at the time of liquidation.

The Bar Date for filing a claim against Wasatch Crest Insurance Company in Liquidation was July 31, 2004. All claims have been determined and approved by the court.

Proof of Claim Status -

Class 3, policy claims, have been paid at 100% of their allowed claims on 12/19/2006.

Class 6, unsecured creditor claims, have been paid at 45% of their allowed claims on 12/18/2024.

Click on links below to view information.

Please direct all inquiries regarding Wasatch Crest Insurance Company in Liquidation to the address below:

Phone: (801) 595-8222
Email: info@utreceivers.com
Address: 
Utah Insurance Receivers Office
250 East 200 South
Suite 1250  
Salt Lake City, UT 84111