http://www.insuranceguide101.com/blogs/insurance_editorsblog/archive/2007/03/27/vanguard-fire-and-casualty-goes-bust.aspxIt doesn't happen often, but it does happen: a story reported by the Florida Times-Union says that Vanguard Fire and Casualty Company was ordered into liquidation, after government officials discovered that it didn't have sufficient reserves to pay claimants.enCommunityServer 2.1 SP2 (Build: 61129.2)