Watkins Life & Benefit Association (“WLBA”) was placed into Rehabilitation on November 8, 2011.  On October 31, 2013, the Cole County Circuit Court entered a Judgment, Order and Decree terminating the Rehabilitation and placing WLBA into Liquidation and appointing John M. Huff, Director of the Department of Insurance, Financial Institutions and Professional Registration as Liquidator. 

In Liquidation, WLBA life insurance policies terminated at 11:59 p.m. CST, November 30, 2013.  The Liquidator paid all life insurance claims or turned over funds to the Missouri State Treasurer, Unclaimed Property Division.  WLBA’s remaining assets were distributed to insureds in accordance with the Court-approved Distribution Plan.  Uncashed checks were turned over to the Missouri State Treasurer, Unclaimed Property Division.

On December 17, 2014, the Cole County Circuit Court entered a Judgment, Decree and Order Approving Distribution, Discharge of Liquidator, and Closure of Estate. 

Important documents regarding WLBA Liquidation:

Release Agreement

Judgment

Distribution Plan

Liquidation Order

Questions? Please contact:

Unclaimed Property:    www.showmemoney.com

Receivership Counsel: Tamara.Kopp@insurance.mo.gov

Receivership Analyst:  Ken.Skidmore@insurance.mo.gov

DIFP Receivership Section: 573-522-6115

Updated 12/29/2014