A motion to liquidate OHC was filed with the Marion County Circuit Court on March 1, 2017, resulting in the Order Authorizing Liquidation and Approving Receiver’s Liquidation Plan being signed by Circuit Court Judge David Leith on March 2, 2017. The company was previously ordered into rehabilitation on July 11, 2016. Based on the information known to the Receiver, OHC is insolvent within the meaning of ORS 734.170. ORS 734.170(5) states that an insurer is insolvent when the insurer is unable to pay its obligations when they are due, or when its allowed assets do not exceed its liabilities.
The frequently asked questions page (FAQs) contains answers to the most common inquiries regarding the Liquidation of OHC and existing claims.
The Receiver intends to mail proof of claim forms to all potential claimants by the end of April 2017. When you receive the proof of claim form, follow the instructions that were sent with the form