On December 30, 2022, the Superior Court of Wake County, North Carolina, issued an Order granting the petition for liquidation of Colorado Bankers Life Insurance Company (CBLIC). If there is no appeal, the Order is scheduled to become effective on March 31, 2023. If the Order is appealed, it is scheduled to become effective month-end 90 days after the conclusion of all appeals.
The rehabilitation of CBLIC will continue, with the Receivership Court retaining jurisdiction over the rehabilitation until the Order of Liquidation becomes effective. Additional information may be found at https://cblife.com/.