Reciprocal Group
Reciprocal of America (ROA) and The Reciprocal Group (TRG) are companies that were placed into receivership for liquidation on January 29, 2003, by the Circuit Court of the City of Richmond, Virginia. The State Corporation Commission of the Commonwealth of Virginia was appointed as Receiver to manage the rehabilitation or liquidation processes for the companies.
On June 20, 2003, the Commission issued a Liquidation Order, declaring the companies insolvent and directing the cancellation of their direct insurance policies. This order mandates that the liquidation proceed in accordance with applicable Virginia laws and any future directives from the Commission.
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