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In Re LEGION
INSURANCE COMPANY

DOCKET NO. INS-02-506

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ORDER OF SUSPENSION

On April 3, 2002, the Superintendent issued an interim order suspending the Maine certificate of authority of Legion Insurance Company, pursuant to 24-A M.R.S.A. § 417(3), because Legion has been placed in rehabilitation by the Commonwealth of Pennsylvania.

The Rehabilitator has advised the Superintendent that Legion does not contest the suspension but does not waive its statutory right to hearing. Accordingly, the Superintendent convened an adjudicatory hearing to determine whether the suspension should remain in force, pursuant to 24 A M.R.S.A. § 417(3), and provided written notice to Legion in the interim order of suspension. The Superintendent appointed Bureau of Insurance Attorney Robert Alan Wake to hear and decide this case pursuant to 24-A M.R.S.A. § 210.

The hearing was held as scheduled at 8:00 a.m. on April 25, 2002. Legion did not appear. Bureau of Insurance Director of Financial Analysis Enya Carter appeared and has provided a copy of the interim order of suspension and a copy of the Order of Rehabilitation issued by the Commonwealth Court of Pennsylvania, Koken, Insurance Commissioner v. Legion Ins. Co., No. 183MD2002, March 28, 2002.

Pursuant to 5 M.R.S.A. § 9058(1), the Superintendent hereby takes official notice of the Order of Rehabilitation, and accordingly finds that good and sufficient cause exists for suspending Legion's certificate of authority pursuant to 24-A M.R.S.A. § 417(3).

It is therefore ORDERED that Legion Insurance Company's certificate of authority to transact insurance in Maine shall remain SUSPENDED indefinitely. Legion shall continue servicing existing policies, but shall not issue or renew any policies. Pursuant to 24 A M.R.S.A. §§ 229 and 419(1), Legion Insurance Company may at any time file with the Superintendent a request to lift the suspension upon a showing that valid grounds for suspension no longer exist, and may petition for an adjudicatory hearing if the request to lift the suspension is denied.

This Decision and Order is a final agency action of the Superintendent of Insurance within the meaning of the Maine Administrative Procedure Act. It is appealable to the Superior Court in the manner provided in 24 A M.R.S.A. § 236 (2000) and M.R. Civ. P. 80C. Any party to the hearing may initiate an appeal within thirty days after receiving this notice. Any aggrieved non-party whose interests are substantially and directly affected by the Superintendent's decision may initiate an appeal on or before June 4, 2002. There is no automatic stay pending appeal; application for stay may be made in the manner provided in 5 M.R.S.A. § 11004.

PER ORDER OF THE SUPERINTENDENT OF INSURANCE

APRIL 25, 2002 ______________________________
ROBERT ALAN WAKE
DESIGNATED HEARING OFFICER

 


 

 

Last Updated: January 22, 2014