The Receivership team plays a critical role in safeguarding policyholders, creditors, and the public interest when insurers experience financial distress. By supporting state insurance departments through all phases of regulatory intervention—from supervision to liquidation—the team ensures that troubled insurers are managed in accordance with statutory requirements and best practices in regulatory compliance.
End-to-End Receivership Management
Protecting Policyholders & Assets
Trusted Legal & Regulatory Expertise
Safeguarding the Insurance System When Financial Stability Is at Risk
Regulatory Oversight of Troubled Insurers
Administrative Supervision & Rehabilitation:
Assists regulators in evaluating solvency concerns and implementing corrective action plans under administrative supervision.
Supports rehabilitation efforts by analyzing operations, restructuring liabilities, and preserving policyholder value in accordance with state receivership statutes.
Liquidation Support:
Leads the orderly wind-down of insolvent insurers, including asset recovery, claims adjudication, and coordination with state guaranty associations.
Ensures compliance with Uniform Insurers Liquidation Act (UILA) provisions and state-specific liquidation procedures.
Technical & Financial Expertise
Forensic Accounting & Transaction Analysis:
Conducts in-depth reviews of financial records, asset sales, acquisitions, and intercompany transactions to identify irregularities or recoverable assets.
Reinsurance Billings & Recoveries:
Manages complex reinsurance arrangements to maximize recoveries and ensure accurate billing in accordance with contract terms and regulatory expectations.
Solvency & Actuarial Analysis:
Performs solvency assessments and collaborates with actuaries to evaluate reserve adequacy and long-term financial viability.
Legal & Litigation Support
Litigation Readiness:
Provides expert support in legal proceedings related to asset recovery, contract disputes, and fraudulent conveyances.
Assists in preparing documentation and expert testimony for regulatory enforcement actions or court-supervised liquidation proceedings.
Specialized Regulatory Functions
Coordination with Guaranty Associations:
Facilitates seamless communication and claims processing with state guaranty funds to protect policyholders and minimize disruption.
Corporate Restructuring:
Advises on reorganization, recapitalization, and demutualization strategies to stabilize or transition insurers in distress.
Experienced Regulatory Professionals
Team Credentials:
Staffed by former state insurance regulators with deep experience in the oversight of troubled insurers, insurer insolvencies, and receivership operations.
Professional designations include: CPA, MBA, CFE, CIE, CPCU, FLMI, and licensed attorneys—ensuring multidisciplinary expertise in finance, law, and insurance regulation.
The Receivership team is a trusted regulatory partner in managing insurer insolvency and financial instability. Their comprehensive approach—grounded in legal, financial, and operational expertise—ensures that regulatory actions are executed with precision, transparency, and in full compliance with statutory mandates. Their work protects policyholders, preserves assets, and upholds the integrity of the insurance system.
Team Leadership
Bradley R. Hazelwood, CPA, CFE, MCM
Senior Managing Director
Don Roof, MCM
Managing Director / Special Deputy Receiver
Leo Garrity
Estate Manager
Garland Scott
Estate Manager
Justin Durrance, CIE, FLMI, AMCM
Senior Manager
Susan Heath, CPA, AFE
Senior Manager
Chris DiBona
Manager
When Receivership Questions Arise, Our Experts Are Here for Guidance
Whether navigating early regulatory intervention or complex receivership proceedings, our team provides practical guidance tailored to each situation. We help stakeholders understand options, anticipate challenges, and move forward with clarity and confidence. Contact us to begin a focused, informed conversation about your specific needs.
Office: 404.835.4009 | Email: contact@receiverresources.net
News and Insights
Press Release: 5.04.26
Examination Resources LLC has launched Receivership Resources LLC, a new affiliate focused on helping insurance regulators manage financially distressed and insolvent insurers. Backed by a team of seasoned experts, the firm delivers specialized consulting to protect policyholders and guide complex regulatory interventions. READ MORE
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