8-K

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report: October 12, 2001
(Date of earliest event reported)

SNTL Corporation
(Exact name of registrant as specified in its charter)

Delaware	0-25984	95-4610936
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification Number)

30101 Agoura Court #222, Agoura Hills, California	91301
(Address of principal executive offices)	(Zip Code)

(818)597-0042
(Registrant's telephone number, including area code)

Superior National Insurance Group, Inc.
(Former name or former address, if changed since last report.)

INFORMATION TO BE INCLUDED IN THE REPORT

Item 3. Bankruptcy.

    SNTL Corporation, along with its subsidiaries, SNTL Holdings Corporation (formerly, Business Insurance Group, Inc.), SN Insurance Administrators, Inc. and SN Insurance Services, Inc., filed their June, July and August of 2001 Monthly Debtor in Possession Operating Reports and their July and August of 2001 Debtor in Possession Interim Statements with the United States Bankruptcy Court for the Central District of California, copies of which are attached hereto as Exhibit 99.101 through Exhibit 99.120 and incorporated herein in their entirety.

THE MONTHLY OPERATING REPORTS CONTAIN FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION THAT HAVE NOT BEEN AUDITED OR REVIEWED BY INDEPENDENT ACCOUNTANTS AND MAY BE SUBJECT TO FUTURE RECONCILIATION AND ADJUSTMENTS.

Item 7. Financial Statements and Exhibits.

(a)	Financial Statements of Businesses Acquired.
	Not Applicable.
(b)	Pro Forma Financial Information.
	Not Applicable.
(c)	Exhibits.

Exhibit No.	Description
99.101	Debtor in Possession Operating Report for the period from June 1, 2001 to June 30, 2001 (Superior National Insurance Group, Inc.) with Schedules A through F.
99.102	Debtor in Possession Operating Report for the period from June 1, 2001 to June 30, 2001 (Business Insurance Group, Inc.)(see Exhibit 99.101 for Schedules A through F).
99.103	Debtor in Possession Operating Report for the period from June 1, 2001 to June 30, 2001 (SN Insurance Administrators, Inc.)(see Exhibit 99.101 for Schedules A through F).
99.104	Debtor in Possession Operating Report for the period from June 1, 2001 to June 30, 2001 (SN Insurance Services, Inc.)(see Exhibit 99.101 for Schedules A through F).
99.105	Debtor in Possession Operating Report for the period from July 1, 2001 to July 31, 2001 (Superior National Insurance Group, Inc.) with Schedules A through F.
99.106	Debtor in Possession Operating Report for the period from July 1, 2001 to July 31, 2001 (Business Insurance Group, Inc.)(see Exhibit 99.105 for Schedules A through F).

99.107	Debtor in Possession Operating Report for the period from July 1, 2001 to July 31, 2001 (SN Insurance Administrators, Inc.)(see Exhibit 99.105 for Schedules A through F).
99.108	Debtor in Possession Operating Report for the period from July 1, 2001 to July 31, 2001 (SN Insurance Services, Inc.)(see Exhibit 99.105 for Schedules A through F).
99.109	Debtor in Possession Interim Statement for the period from July 1, 2001 to July 31, 2001 (Superior National Insurance Group, Inc.).
99.110	Debtor in Possession Interim Statement for the period from July 1, 2001 to July 31, 2001 (Business Insurance Group, Inc.).
99.111	Debtor in Possession Interim Statement for the period from July 1, 2001 to July 31, 2001 (SN Insurance Administrators, Inc.).
99.112	Debtor in Possession Interim Statement for the period from July 1, 2001 to July 31, 2001 (SN Insurance Services, Inc.).
99.113	Debtor in Possession Operating Report for the period from August 1, 2001 to August 31, 2001 (Superior National Insurance Group, Inc.) with Schedules A through F.
99.114	Debtor in Possession Operating Report for the period from August 1, 2001 to August 31, 2001 (Business Insurance Group, Inc.)(see Exhibit 99.113 for Schedules A through F).
99.115	Debtor in Possession Operating Report for the period from August 1, 2001 to August 31, 2001 (SN Insurance Administrators, Inc.)(see Exhibit 99.113 for Schedules A through F).
99.116	Debtor in Possession Operating Report for the period from August 1, 2001 to August 31, 2001 (SN Insurance Services, Inc.)(see Exhibit 99.113 for Schedules A through F).
99.117	Debtor in Possession Interim Statement for the period from August 1, 2001 to August 31, 2001 (Superior National Insurance Group, Inc.).
99.118	Debtor in Possession Interim Statement for the period from August 1, 2001 to August 31, 2001 (Business Insurance Group, Inc.).
99.119	Debtor in Possession Interim Statement for the period from August 1, 2001 to August 31, 2001 (SN Insurance Administrators, Inc.).
99.120	Debtor in Possession Interim Statement for the period from August 1, 2001 to August 31, 2001 (SN Insurance Services, Inc.).

SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		SNTL CORPORATION (Registrant)
Date	October 11, 2001	/s/ ALEX CORBETT (Signature)*
		Alex Corbett Senior Vice President and Chief Financial Officer

*Print name and title of the signing officer under his signature.

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FORM 8-K
INFORMATION TO BE INCLUDED IN THE REPORT
Item 3. Bankruptcy.
Item 7. Financial Statements and Exhibits.
SIGNATURES

EX-99.101

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EX.99.101

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SUPERIOR NATIONAL INSURANCE GROUP				REPORT NUMBER 15		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jun-01
DEBTOR					TO: 30-Jun-01
CHAPTER 11 CASE NO. SV00-14099-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
SEE ATTACHED SCHEDULE C

4. Tax Liability:

Gross Payroll Expense For Period	$	71,056
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	6/15/01 & 6/30/01	$	23,325	0
State Payroll and Withholding Taxes	6/15/01 & 6/30/01	$	4,482	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

*

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid	Check No.	Quarterly Fee Still Owing
6/30/2001	$	960,237.00	$	3,750.00				$	3,750.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 8/20/2001 Signed: /s/ ALEX CORBETT

SCHEDULE A

SNIG, BIG, SNIA and SNIS
Schedule of Operations
One Month ended June 30, 2001
[Bankruptcy filed April 26, 2001]
[unaudited]

(in thousands)
																Consolidated Total
		SNIG			BIG			SNIA			SNIS			Elimination
Revenues:
Commission income		$	—		$	—		$	—		$	(57	)	$	—	$	(57	)
Net investment income			5			3			2			49			—		59
	Total Revenues		5			3			2			(8	)		—		2
Expenses:
Interest expense			858			—			—			—			—		858
Bad debt expense			—			—			—	(A)		(444)	(A)		—		(444	)
General and administrative
	Other		(9	)		—			120			550			—		661
	Total Expenses		849			—			120			106			—		1,075
	Income (loss) before income taxes and preferred securities dividends and accretion		(844	)		3			(118	)		(114	)		—		(1,073	)
Income tax (benefit) expense			—			—			—			—			—		—
	Income (loss) before preferred securities dividends and accretion		(844	)		3			(118	)		(114	)		—		(1,073	)
Preferred securities dividends and accretion			(1,142	)		—			—			—			—		(1,142	)
Expenses not related to business operations:
	Legal and Professional Fees		(31	)		—			—			—			—		(31	)
	Other non-operating expenses		—			—			—			—			—		—
			(2,017	)		3			(118	)		(114	)		—		(2,246	)
Equity in net income (loss) from subsidiaries			(224	)		(227	)		—			—			456		5
	Net (Loss) Income	$	(2,241	)	$	(224	)	$	(118	)	$	(114	)	$	456	$	(2,241	)

(A)

Amount reflects a recording of an allowance for bad debt on collection of commissions receivable. Debtor continues to assert rights of offset and other methods to effectuate collection. In addition, there was a $388K adjustment in June to reflect correction of prior periods.

SCHEDULE B

Superior National Insurance Group, Inc. in Bankruptcy
Aging of Accounts Payable and Receivable
As of June 30, 2001

Superior National Insurance Group
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		462,236		—			—			184,938
Overdue 31 - 60 days		—		—						448,131
Overdue 61 - 90 days		—		—						186,728
Overdue 91 - 120 days		46,885		—			—			50,279
Overdue 121 + days		1,224,364		144,553			5,237,080			1,201,837	[D]
Total	$	1,733,485	$	144,553	[A]	$	5,237,080		$	2,071,914
Business Insurance Group
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		—		—			—			—
Overdue 31 - 60 days		—		—			—			—
Overdue 61 - 90 days		—		—			—			—
Overdue 91 - 120 days		—		—			—			—
Overdue 121 + days		—		601,265			22,000			20,200,934	[D]
Total	$	—	$	601,265		$	22,000		$	20,200,934
Superior National Insurance Services
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		217,211		0			115,134			885
Overdue 31 - 60 days		—		108,038			365,043			885
Overdue 61 - 90 days		6,275		52,553			130,054			885
Overdue 91 - 120 days		5,206		23,810			0			885
Overdue 121 + days		835,921		12,071,390				(0)		735,717
Total	$	1,064,612	$	12,255,791	[B]	$	610,231		$	739,258
Superior National Insurance Administrators
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		70,582		—			70,690			—
Overdue 31 - 60 days		—					83,974			—
Overdue 61 - 90 days		—		—			57,560			—
Overdue 91 - 120 days (0)		—		—			51,164			—
Overdue 121 + days		89,789		6,385,900			1,587,490			98,383
Total	$	160,370	$	6,385,900	[C]	$	1,850,878		$	98,383
Consolidated
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		750,029		0			185,824			185,824
Overdue 31 - 60 days		—		108,038			449,017			449,017
Overdue 61 - 90 days		6,275		52,553			187,614			187,613
Overdue 91 - 120 days		52,091		23,810			51,164			51,164
Overdue 121 + days		2,150,073		19,203,108			6,846,570			22,236,871
Total	$	2,958,468	$	19,387,509		$	7,720,189		$	23,110,489

[A]

Amounts in accounts payable do not include interest due and accrued on bank loan and Trust Preferred Securities.

[B]

Amounts shown in accounts receivable do not include recorded amounts on allowance for bad debt on collection of commissions receivable, In which the Debtor continues to assert rights of offset and other methods to effectuate collection.

[C]

Amounts shown in accounts receivable do not include recorded amounts on allowance for bad debt on collection of claims administration fee, In which the Debtor continues to assert rights of offset and other methods to effectuate collection.

[D]

Amounts include a payment of $5.4 million pursuant to an Order Authorizing Release of Escrowed Funds to the Bank Group Pursuant to Stipulation dated November 9, 2000. The $5.4 million was paid from BIG for interest expense accrued on SNIG.

SCHEDULE C
JUNE 30, 2001

SNIG

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
Dell Financial Services	Monthly	$8,931.85	12/20/2000	See Note A
IKON Office Solutions, Inc. / IOS Capital	Monthly	$1,395.65	11/23/00,11/15/00	See Note A
Pitney Bowes Credit Corp.	Monthly	$4,810.67	12/10/00,12/20/00,12/1/00	See Note A
Pitney Bowes Credit Corp.	Quarterly	$7,394.15	12/10/00,11/10/00	See Note A
Stringer business Systems Inc.	Monthly	$2,163.51*	12/1/2000	See Note A
Toshiba America Information Sys.	Monthly	$8,170.39	12/24/00,12/6/00,12/11/00, 12/1/00,12/18/00	See Note A

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

*

Monthly payment is based on number of copies made for the previous month, therefore payment varies each month.

Note A: The CLO rejected these leases per the order of the Bankrupcty Court on July 11, 2001.

BIG

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
Dell Financial Services	Monthly	$52,321.29	12/15/2000	See Note A

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

Note A: The CLO rejected these leases per the order of the Bankrupcty Court on July 11, 2001.

SNIA

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SNIS

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SCHEDULE D

Superior National Insurance Group, Inc. in Bankruptcy
Debtor in Possession
Insurance Coverage
As of June 30, 2001

State	Carrier	Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Arizona	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	12-Jul-02	12-Jul-02
California	State Compensation Insurance Fund	Di Buduo & De Fendis	Statutory	01-Jun-02	01-Jul-01
Colorado	Pinnacol Assurance	Di Buduo & De Fendis	Statutory	01-Jun-02	01-Jun-02
Illinois	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	12-Jul-02	12-Jul-02
Kansas	Travelers Insurance Company	Di Buduo & De Fendis	Statutory	11-Aug-02	11-Aug-02
Missouri	Travelers Property & Casualty	Di Buduo & De Fendis	Statutory	02-Jun-02	02-Jun-02
New Jersey	Granite State Insurance Company	Di Buduo & De Fendis	Statutory	02-Jun-02	02-Jun-02
New York	The State Insurance Fund (N.Y.)	Di Buduo & De Fendis	Statutory	01-Jun-02	01-Jun-02
Oklahoma	State Insurance Fund	Di Buduo & De Fendis	Statutory	15-Nov-01	15-Nov-01
Pennsylvania	State Workrmens' Insurance Fund	Di Buduo & De Fendis	Statutory	03-Jun-02	03-Jun-02
Texas	Texas W/C Insurance Fund	Di Buduo & De Fendis	Statutory	18-Jul-02	18-Jul-02
Virginia	Travelers Insurance Company	Di Buduo & De Fendis	Statutory	11-Aug-02	11-Aug-02

Note 1: The polices for Florida, Indiana,Louisiana, New Mexico, New York, Oregon, Tennessee, Utah, and Wisconsin were all requested to be cancelled in December 2000.

Note 2: Within all of the policies identified above the following entities are covered for Workers' Compensation: SNIG, BIG, SNIA, and SNIS.

Note 3: A Virginia employee was added to the Kansas policy

Note 4: The AZ, ILL policy was renewed and the AR & GA states were removed

Note 5: New York was added back in June.

June 30, 2001					Schedule E
Company	Agent	Type of Insurance	Amount of Coverage	Policy Exp. Date	Premium paid thru date
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Commercial General Liability Package
		General Liability	$1 million per occurrence $2 million aggregate	11/13/2001	11/13/2001
		Advertising Injury	excluded
		Employee Benefit Liability	$1 million per claim $1 million aggregate
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Automobile (non-owned)
		Liability	$1 million	11/13/2001	11/13/2001
		Physical Damage/Comp/Collision	$30,000 $100 deductible comp/ $250 collision
SNIG, BIG, SNIS, & SNIA	Carpenter Moore	Directors & Officers (run-off)
		Reliance	$5,000,000	5/1/2003	5/1/2003
		Lloyd's of London	$5,000,000 xs $5,000,000
		Gulf Insurance Company	$10,000,000 xs $10,000,000
		Executive Risk Indeminity	$10,000,000 xs $20,000,000
		Philadelphia Indemnity	$10,000,000 xs $30,000,000
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Employer Practice Liability (run off) Extended reporting period	$1 million per loss & in the aggregate	12/10/2001	12/10/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Employer Practice Liability	$1 million per loss & in the aggregate	1/15/2002	1/15/2002
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Fiduciary Liability (run off)	$5 million per loss & in the aggregate	12/10/2001	12/10/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Commercial Umbrella     Evanston Insurance Company	$10 million per occurrence $10 million aggregate	11/13/2001	11/13/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Excess Liability	$10 million per occurrence $10 million aggregate	11/13/2001	11/13/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Accident Policy (Life/Travel)     AIG	$1 million to $3 million (depends on rank of officer)	1/15/2002	1/15/2002
SNIG, BIG, SNIS, & SNIA	Andreini & Co	Accident Policy (Trip/Travel)     Hartford	$500,000 $1.5 million aggregate (all full-time employees)	12/31/2001	12/31/2001
BIG only	DiBudio & DeFendis	Professional Liability Run Off BIG companies only/acts b/f 12-10-99 *$500,000 deductible	$10 million per loss & in the aggregate	12/10/2004	12/10/2004

SCHEDULE F
June 30, 2001

SNIG, BIG, SNIS, SNIA

Name of Professional	Type Professional	Post-Petition Unpaid Total
Paul, Weiss, Rifkind, Wharton & Garrison	Legal fees	$	15,385	Note D
Latham & Watkins	Counsel for Official Committee of Unsecured Creditors	$	68,299	Note C & G
Steve Eldrige	Tax consulting	$	4,463
Quinn Emanuel Urquhart Oliver & Hedges LLP	Special litigation counsel	$	470,513	Note C & G
Tharpe & Howell	Legal fees	$	615
Mannat Phelps	Legal fees	$	29,606
KPMG Peat Marwick	Audit & consulting fees	$	49,572	Note E
Christopher Maisel	Facilitator fees	$	—	Note A
Riordan & McKinzie	Corporate counsel	$	—	Note B
Pachulski, Stang, Ziehl, Young & Jones LLP	General bankruptcy counsel	$	54,901	Note F

Note A—Fees & expenses from 3/1/01 to 6/30/01 are unknown.

Note B—SNIG has a retainer with Riordan & McKinzie. Retainer balance as of 6/30/01 is $758,139.

Note C—Amount includes 20% hold back on professional fees sanctioned by the Bankruptcy Court on May 16, 2001.

Note D—Amount represents the 20% hold back on professional fees as of March 31, 2001 sanctioned by the Bankruptcy Court on May 16, 2001.

Note E—Amount represents the 20% hold back on professional fees as of March 31, 2001 sanctioned by the Bankruptcy Court on May 17, 2001.

Note F—Amount represents the 20% hold back on professional fees as of February 28, 2001 sanctioned by the Bankruptcy Court on May 16, 2001.

Note G—Amount represents unpaid balance as of June 30, 2001.

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SNIG, BIG, SNIA and SNIS Schedule of Operations One Month ended June 30, 2001 [Bankruptcy filed April 26, 2001] [unaudited]

EX-99.102

EX.99.102

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
BUSINESS INSURANCE GROUP				REPORT NUMBER 15		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jun-01
DEBTOR					TO: 30-Jun-01
CHAPTER 11 CASE NO. SV00-14101-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
SEE ATTACHED SCHEDULE C

4. Tax Liability:

Gross Payroll Expense For Period	$	0
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid *		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	N/A	$	0	N/A
State Payroll and Withholding Taxes	N/A	$	0	N/A
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

*

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid	Check No.	Quarterly Fee Still Owing
6/30/2001	$	65,499.00	$	500.00				$	500.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 8/20/2001 Signed: /s/ ALEX CORBETT

EX-99.103

EX.99.103

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SN INSURANCE ADMINISTRATORS				REPORT NUMBER 15		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jun-01
DEBTOR					TO: 30-Jun-01
CHAPTER 11 CASE NO. SV00-14102-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
SEE ATTACHED SCHEDULE C

4. Tax Liability:

Gross Payroll Expense For Period	$	37,348
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	6/15/01 & 6/30/01	$	10,279	0
State Payroll and Withholding Taxes	6/15/01 & 6/30/01	$	1,255	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid	Check No.	Quarterly Fee Still Owing
6/30/2001	$	143,122.00	$	750.00				$	750.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 8/20/2001 Signed: /s/ ALEX CORBETT

EX-99.104

EX.99.104

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SN INSURANCE SERVICES				REPORT NUMBER 15		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jun-01
DEBTOR					TO: 30-Jun-01
CHAPTER 11 CASE NO. SV00-14100-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
SEE ATTACHED SCHEDULE C

4. Tax Liability:

Gross Payroll Expense For Period	$	155,424
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	6/15/01 & 6/30/01	$	46,084	0
State Payroll and Withholding Taxes	6/15/01 & 6/30/01	$	5,095	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 15

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid	Check No.	Quarterly Fee Still Owing
6/30/2001	$	4,693,477.00	$	8,000.00				$	8,000.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 8/20/2001 Signed: /s/ ALEX CORBETT

EX-99.105

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EX.99.105

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SUPERIOR NATIONAL INSURANCE GROUP				REPORT NUMBER 16		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jul-01
DEBTOR					TO: 31-Jul-01
CHAPTER 11 CASE NO. SV00-14099-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	511,907
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	7/15/01 & 7/31/01	$	144,822	0
State Payroll and Withholding Taxes	7/15/01 & 7/31/01	$	31,785	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ / : Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid		Check No.	Quarterly Fee Still Owing
6/30/2001	$	960,237.00	$	3,750.00	7/26/2001	$	3,750.00	1162	$	0.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 9/11/2001 Signed: /s/ ALEX CORBETT

SCHEDULE A

SNIG, BIG, SNIA and SNIS
Schedule of Operations
One Month ended July 31, 2001
[Bankruptcy filed April 26, 2001]
[unaudited]

(in thousands)
																Consolidated Total
		SNIG			BIG			SNIA			SNIS			Elimination
Revenues:
Commission income		$	—		$	—		$	—		$	(20	)	$	—	$	(20	)
Net investment income			5			4			2			44			—		55
	Total Revenues		5			4			2			24			—		35
Expenses:
Interest expense			836			—			—			—			—		836
Bad debt expense			—			—			—	(A)		(30)	(A)		—		(30	)
General and administrative
	Other		(480	)		—			187			873			—		580
	Total Expenses		356			—			187			843			—		1,386
	Income (loss) before income taxes and preferred securities dividends and accretion		(351	)		4			(185	)		(819	)		—		(1,351	)
Income tax (benefit) expense			—			—			—			—			—		—
	Income (loss) before preferred securities dividends and accretion		(351	)		4			(185	)		(819	)		—		(1,351	)
Preferred securities dividends and accretion			(1,143	)		—			—			—			—		(1,143	)
Expenses not related to business operations:
	Legal and Professional Fees		(478	)		(1	)		—			—			—		(479	)
	Other non-operating expenses		(4	)		—			(1	)		(8	)		—		(13	)
			(1,976	)		3			(186	)		(827	)		—		(2,986	)
Equity in net income (loss) from subsidiaries			(1,009	)		(1,012	)		—			—			2,022		1
	Net (Loss) Income	$	(2,985	)	$	(1,009	)	$	(186	)	$	(827	)	$	2,022	$	(2,985	)

(A)

Amount reflects a recording of an allowance for bad debt on collection of commissions receivable. Debtor continues to assert rights of offset and other methods to effectuate collection.

SCHEDULE B

Superior National Insurance Group, Inc. in Bankruptcy
Aging of Accounts Payable and Receivable
As of July 31, 2001

Superior National Insurance Group
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable		Accounts Receivable
Current Under 30 days		929,779		—			—		699,561
Overdue 31 - 60 days		71,854		—			—		69,804
Overdue 61 - 90 days		—		—			—		83,088
Overdue 91 - 120 days		—		—			—		56,674
Overdue 121 + days		1,126,243		144,553			5,237,080		1,252,116	(D)
Total	$	2,127,876	$	144,553	[A]	$	5,237,080	$	2,161,244
Business Insurance Group
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable		Accounts Receivable
Current Under 30 days		—		—			—		—
Overdue 31 - 60 days		—		—			—		—
Overdue 61 - 90 days		—		—			—		—
Overdue 91 - 120 days		—		—			—		—
Overdue 121 + days		—		601,265			22,000		20,200,934	(D)
Total	$	—	$	601,265		$	22,000	$	20,200,934
Superior National Insurance Services
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable		Accounts Receivable
Current Under 30 days		202,438		12,882			566,733		2,811
Overdue 31 - 60 days		3,167		0			0		885
Overdue 61 - 90 days		—		108,038			(0)		885
Overdue 91 - 120 days		6,275		52,553			(0)		885
Overdue 121 + days		835,826		12,061,362			0		736,602
Total	$	1,047,705	$	12,234,836	[B]	$	566,733	$	742,069
Superior National Insurance Administrators
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable		Accounts Receivable
Current Under 30 days		78,755		—			135,639		—
Overdue 31 - 60 days		—		—			70,690		—
Overdue 61 - 90 days		—		—			83,974		—
Overdue 91 - 120 days		(0)		—			57,560		—
Overdue 121 + days		89,789		6,385,900			1,638,654		98,383
Total	$	168,543	$	6,385,900	[C]	$	1,986,517	$	98,383
Consolidated
	Non-Intercompany Accounts					Intercompany Accounts
	Accounts Payable		Accounts Receivable			Accounts Payable		Accounts Receivable
Current Under 30 days		1,210,972		12,882			702,373		702,373
Overdue 31 - 60 days		75,020		0			70,690		70,690
Overdue 61 - 90 days		—		108,038			83,974		83,974
Overdue 91 - 120 days		6,275		52,553			57,560		57,559
Overdue 121 + days		2,051,857		19,193,080			6,897,735		22,288,035
Total	$	3,344,124	$	19,366,554		$	7,812,331	$	23,202,631

[A]

Amounts in accounts payable do not include interest due and accrued on bank loan and Trust Preferred Securities.

[B]

Amounts shown in accounts receivable do not include recorded amounts on allowance for bad debt on collection of commissions receivable, In which the Debtor continues to assert rights of offset and other methods to effectuate collection.

[C]

Amounts shown in accounts receivable do not include recorded amounts on allowance for bad debt on collection of claims administration fee, In which the Debtor continues to assert rights of offset and other methods to effectuate collection.

[D]

Amounts include a payment of $5.4 million pursuant to an Order Authorizing Release of Escrowed Funds to the Bank Group Pursuant to Stipulation dated November 9, 2000. The $5.4 million was paid from BIG for interest expense accrued on SNIG.

SCHEDULE C
JULY 31, 2001

SNIG

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

BIG

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SNIA

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SNIS

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SCHEDULE D

Superior National Insurance Group, Inc. in Bankruptcy
Debtor in Possession
Insurance Coverage
As of July 31, 2001

State	Carrier	Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Arizona	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	12-Jul-02	12-Jul-02
California	State Compensation Insurance Fund	Hogan Insurance	Statutory	01-Jun-02	01-Aug-01
Colorado	Pinnacol Assurance	Di Buduo & De Fendis	Statutory	01-Jun-02	01-Jun-02
Illinois	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	12-Jul-02	12-Jul-02
Kansas	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	11-Aug-02	11-Aug-02
Missouri	Travelers Property & Casualty	Di Buduo & De Fendis	Statutory	02-Jun-02	02-Jun-02
New Jersey	Granite State Insurance Company	Di Buduo & De Fendis	Statutory	02-Jun-02	02-Jun-02
New York	The State Insurance Fund (N.Y.)	Hogan Insurance	Statutory	01-Jun-02	01-Jun-02
Oklahoma	State Insurance Fund	IRAA	Statutory	15-Nov-01	15-Nov-01
Pennsylvania	State Workrmens' Insurance Fund	Di Buduo & De Fendis	Statutory	03-Jun-02	03-Jun-02
Texas	Texas W/C Insurance Fund	Hogan Insurance	Statutory	18-Jul-02	18-Jul-02
Virginia	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	11-Aug-02	11-Aug-02

Note 1: The polices for Florida, Indiana, Louisiana, New Mexico, New York, Oregon, Tennessee, Utah, and Wisconsin were all requested to be cancelled in December 2000.

Note 2: Within all of the policies identified above the following entities are covered for Workers' Compensation: SNIG, BIG, SNIA, and SNIS.

Note 3: A Virginia employee was added to the Kansas policy

Note 4: The AZ, ILL policy was renewed and the AR & GA states were removed

Note 5: New York was added back in June.

July 31, 2001					Schedule E
Company	Agent	Type of Insurance	Amount of Coverage	Policy Exp. Date	Premium paid thru date
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Commercial General Liability Package
		General Liability	$1 million per occurrence $2 million aggregate	11/13/2001	11/13/2001
		Advertising Injury	excluded
		Employee Benefit Liability	$1 million per claim $1 million aggregate
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Automobile (non-owned)
		Liability	$1 million	11/13/2001	11/13/2001
		Physical Damage/Comp/Collision	$30,000 $100 deductible comp/ $250 collision
SNIG, BIG, SNIS, & SNIA	Carpenter Moore	Directors & Officers (run-off)
		Reliance	$5,000,000	05/01/2003	05/01/2003
		Lloyd's of London	$5,000,000 xs $5,000,000
		Gulf Insurance Company	$10,000,000 xs $10,000,000
		Executive Risk Indeminity	$10,000,000 xs $20,000,000
		Philadelphia Indemnity	$10,000,000 xs $30,000,000
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Employer Practice Liability (run off) Extended reporting period	$1 million per loss & in the aggregate	12/10/2001	12/10/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Employer Practice Liability	$1 million per loss & in the aggregate	01/15/2002	01/15/2002
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Fiduciary Liability (run off)	$5 million per loss & in the aggregate	12/10/2001	12/10/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Commercial Umbrella     Evanston Insurance Company	$10 million per occurrence $10 million aggregate	11/13/2001	11/13/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Excess Liability	$10 million per occurrence $10 million aggregate	11/13/2001	11/13/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Accident Policy (Life/Travel)     AIG	$1 million to $3 million (depends on rank of officer)	01/15/2002	01/15/2002
SNIG, BIG, SNIS, & SNIA	Andreini & Co	Accident Policy (Trip/Travel)     Hartford	$500,000 $1.5 million aggregate (all full-time employees)	12/31/2001	12/31/2001
SNTL CORP & Sub's	Hogan Insurance	Professional Liability     Indian Harbor Insurance	$1 million per occurrence $1 million aggregate (all full-time employees)	10/08/2001	10/08/2001
BIG only	DiBudio & DeFendis	Professional Liability Run Off BIG companies only/acts b/f 12-10-99 *$500,000 deductible	$10 million per loss & in the aggregate	12/10/2004	12/10/2004

SCHEDULE F
July 31, 2001

SNIG, BIG, SNIS, SNIA

Name of Professional	Type Professional	Post-Petition Unpaid Total
Paul, Weiss, Rifkind, Wharton & Garrison	Legal fees	$	60,408	Note C
Latham & Watkins	Counsel for Official Committee of Unsecured Creditors	$	190,700	Note C
Steve Eldrige	Tax consulting	$	1,572
Quinn Emanuel Urquhart Oliver & Hedges LLP	Special litigation counsel	$	653,424	Note C
Tharpe & Howell	Legal fees	$	2,505
Mannat Phelps	Legal fees	$	22,383
KPMG Peat Marwick	Audit & consulting fees	$	196,868	Note C
Christopher Maisel	Facilitator fees	$	—	Note A
Riordan & McKinzie	Corporate counsel	$	139,296	Note B & C
Pachulski, Stang, Ziehl, Young & Jones LLP	General bankruptcy counsel	$	431,109	Note C

Note A—Fees & expenses from 3/1/01 to 7/31/01 are unknown.

Note B—SNIG has a retainer with Riordan & McKinzie. Retainer balance as of 7/31/01 is $760,419.

Note C—Amount includes 20% hold back on professional fees sanctioned by the Bankruptcy Court.

QuickLinks

SNIG, BIG, SNIA and SNIS Schedule of Operations One Month ended July 31, 2001 [Bankruptcy filed April 26, 2001] [unaudited]

EX-99.106

EX.99.106

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
BUSINESS INSURANCE GROUP				REPORT NUMBER 16		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jul-01
DEBTOR					TO: 31-Jul-01
CHAPTER 11 CASE NO. SV00-14101-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	0
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	N/A	$	0	N/A
State Payroll and Withholding Taxes	N/A	$	0	N/A
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid		Check No.	Quarterly Fee Still Owing
6/30/2001	$	65,499.00	$	500.00	07/26/2001	$	500.00	1179	$	0.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 9/11/2001 Signed: /s/ ALEX CORBETT

EX-99.107

EX.99.107

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SN INSURANCE ADMINISTRATORS				REPORT NUMBER 16		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jul-01
DEBTOR					TO: 31-Jul-01
CHAPTER 11 CASE NO. SV00-14102-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	37,348
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	7/15/01 & 7/31/01	$	10,206	0
State Payroll and Withholding Taxes	7/15/01 & 7/31/01	$	1,255	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid		Check No.	Quarterly Fee Still Owing
6/30/2001	$	143,122.00	$	750.00	07/26/2001	$	750.00	1152	$	0.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 9/11/2001 Signed: /s/ ALEX CORBETT

EX-99.108

EX.99.108

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SN INSURANCE SERVICES				REPORT NUMBER 16		Page 1 of 3
				FOR THE PERIOD FROM: 01-Jul-01
DEBTOR					TO: 31-Jul-01
CHAPTER 11 CASE NO. SV00-14100-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	140,146
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	7/15/01 & 7/31/01	$	39,629	0
State Payroll and Withholding Taxes	7/15/01 & 7/31/01	$	4,407	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly Period Ending	Quarterly Disbursements for Quarter		Quarterly Fee		Date Paid	Amount Paid		Check No.	Quarterly Fee Still Owing
6/30/2001	$	4,693,477.00	$	8,000.00	07/26/2001	$	8,000.00	1475	$	0.00

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 9/11/2001 Signed: /s/ ALEX CORBETT

EX-99.109

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Superior National Insurance Group	STATEMENT NO. 16
	FOR THE PERIOD FROM: 1-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14099-GM

		DIP Payroll Account		DIP WCMA/MLIF Account		DIP Operating Account		Pre-Petition Payroll Account		Pre-Petition Operating Account Imperial Bank		Pre-Petition Operating Account Bank of Bermuda		Pre-Petition Investment Account
CASH ACTIVITY ANALYSIS									CLOSED 5/12/00		CLOSED 5/15/00		CLOSED 5/19/00		CLOSED 5/31/00
A. Total Receipts Per All Prior Interim Statements		$	7,780,991.40	$	4,257,700.05	$	430,319.36	$	127,139.87	$	84.46	$	45.84	$	12.16
B. Less: Total Disbursements Per All Prior Interim Statements		$	7,495,156.54	$	3,973,503.27	$	379,702.53	$	127,139.87	$	84.46	$	45.84	$	12.16
C. Beginning Balance		$	285,834.86	$	284,196.78	$	50,616.83	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	227,622.88	$	603,990.61	$	125,000.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	513,457.74	$	888,187.39	$	175,616.83	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	509,676.07	$	325,755.71	$	106,594.65	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	3,781.67	$	562,431.68	$	69,022.18	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). DIP Payroll Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15818-20438
(2). DIP WCMA/MLIF Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W63
(3). DIP Operating Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15815-16527
(4). Pre-Petition Payroll Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14173-04996   CLOSED 5/12/00
(5). Pre-Petition Operating Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-061-275   CLOSED 5/15/00
(6). Pre-Petition Operating Account
	(a) Depository Name and Location	Bank of Bermuda, 6 Front Street, Hamilton HM 11, Bermuda
	(b) Account Number	1010-584560   CLOSED 5/19/00
(7). Pre-Petition Investment Account
	(a) Depository Name and Location	Bank of New York, 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
	(b) Account Number	350776   CLOSED 5/31/00

I. Other Monies On Hand: None

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 8/22/2001 Signed: /s/ ALEX CORBETT

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 2

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Superior National Insurance Group	STATEMENT NO. 16
	FOR THE PERIOD FROM: 1-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14099-GM

		Pre-Petition MLIF Account		Pre-Petition Monarch Funds Account		Pre-Petition Preemptive Rights Holding Account		Pre-Petition Operating Account Chase		Pre-Petition Equity Account		Pre-Petition Concentration Acct Bank of America		Pre-Petition Accounts Payable Bank of America
CASH ACTIVITY ANALYSIS			CLOSED 6/6/00		CLOSED 6/6/00		CLOSED 5/15/00		CLOSED 5/18/00		CLOSED 5/15/00		CLOSED 5/10/00		CLOSED 5/15/00
A. Total Receipts Per All Prior Interim Statements		$	1,215,440.20	$	173.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	1,215,439.74	$	173.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
C. Beginning Balance		$	0.46	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	0.46	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.46	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(7). Pre-Petition MLIF Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07K15   CLOSED 6/6/00
(8). Pre-Petition Monarch Funds Account
	(a) Depository Name and Location	Imperial Bank-Monarch Funds, PO Box 446, Portland, ME 04112
	(b) Account Number	10-00054585-31-01   CLOSED 6/6/00
(9). Pre-Petition Preemptive Rights Holding Account
	(a) Depository Name and Location	Imperial Bank-Monarch Funds, PO Box 446, Portland, ME 04112
	(b) Account Number	17-108-832   CLOSED 5/15/00
(10). Pre-Petition Operating Account
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	910-2-662864   CLOSED 5/18/00
(11). Pre-Petition Equity Account
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	910-2-662856   CLOSED 5/15/00
(12). Pre-Petition Concentration Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14173-04939   CLOSED 5/10/00
(13). Pre-Petition Accounts Payable Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	77650-01167   CLOSED 5/15/00

EX-99.110

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Business Insurance Group	STATEMENT NO. 16
	FOR THE PERIOD FROM: 01-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14101-GM

		DIP General Account		DIP Accounts Payable Account		DIP WCMA/MLIF Account		Pre-Petition Concentration Acct (1)		Pre-Petition Money Market Account		Pre-Petition Investment Acct (1)		Pre-Petition Investment Acct (2)
CASH ACTIVITY ANALYSIS					CLOSED 7/31/00				CLOSED 5/11/00		CLOSED 5/18/00		CLOSED 5/31/00		CLOSED 5/31/00
A. Total Receipts Per All Prior Interim Statements		$	690,073.06	$	0.00	$	6,310,309.91	$	544,242.11	$	105,830.95	$	0.36	$	0.97
B. Less: Total Disbursements Per All Prior Interim Statements		$	669,096.73	$	0.00	$	5,349,507.94	$	544,242.11	$	105,830.95	$	0.36	$	0.97
C. Beginning Balance		$	20,976.33	$	0.00	$	960,801.97	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	3,153.10	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	20,976.33	$	0.00	$	963,955.07	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	609.09	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	20,367.24	$	0.00	$	963,955.07	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). DIP General Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15819-20485
(2). DIP Accounts Payable Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15816-20491   CLOSED 7/31/00
(3). DIP WCMA/MLIF Account
	(a) Name and Location of Bank	Merril Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W61
(4). Pre-Petition Concentration Account
	(a) Name and Location of Bank	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14176-00505   CLOSED 5/11/00
(5). Pre-Petition Money Market Account
	(a) Name and Location of Bank	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14179-03328   CLOSED 5/18/00
(6). Pre-Petition Investment Account (1)
	(a) Name and Location of Bank	Bank of New York, 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
	(b) Account Number	046705   CLOSED 5/31/00
(7). Pre-Petition Investment Account (2)
	(a) Name and Location of Bank	Bank of New York, 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
	(b) Account Number	046706   CLOSED 5/31/00

I. Other Monies On Hand: None

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 8/22/2001 Signed: /s/ ALEX CORBETT

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 2

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Business Insurance Group	STATEMENT NO. 16
	FOR THE PERIOD FROM: 1-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14101-GM

		Pre-Petition Concentration Acct(2)		Pre-Petition Accounts Payable Account		Pre-Petition Payroll Account		NOT APPLICABLE		NOT APPLICABLE		NOT APPLICABLE
CASH ACTIVITY ANALYSIS			CLOSED 5/10/00		CLOSED 5/15/00		CLOSED 5/12/00
A. Total Receipts Per All Prior Interim Statements		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
C. Beginning Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). Pre-Petition Concentration Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	14999-02337   CLOSED 5/10/00
(2). Pre-Petition Accounts Payable Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	77651-00780   CLOSED 5/15/00
(3). Pre-Petition Payroll Account
	(a) Name and Location of Bank	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	12336-23733   CLOSED 5/12/00
(4). NOT APPLICABLE
	(a) Name and Location of Bank
	(b) Account Number
(5). NOT APPLICABLE
	(a) Name and Location of Bank
	(b) Account Number
(6). NOT APPLICABLE
	(a) Name and Location of Bank
	(b) Account Number

I. Other Monies On Hand: None

I,                        , declare under penalty that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:
Dated:	Signed:

EX-99.111

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
S N Insurance Administrators, Inc.	STATEMENT NO. 16
	FOR THE PERIOD FROM: 07/01/2001
	TO: 07/31/2001
DEBTOR
CHAPTER 11 CASE NO. SV00-14102-GM

		DIP Payroll Account		DIP Operating Account		DIP WCMA/MLIF Account		DIP Operating Account		Pre-Petition Payroll Account		Pre-Petition Operating Account		Pre-Petition Concentration Account		Pre-Petition Account Payable Acct.
CASH ACTIVITY ANALYSIS					CLOSED 2/01						CLOSED 5/12/00		CLOSED 6/1/00		CLOSED 5/10/00		CLOSED 5/15/00
A. Total Receipts Per All Prior Interim Statements		$	12,613,682.96	$	201,886.69	$	738,758.58	$	86,003.59	$	89,716.19	$	55.00	$	0.00	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	12,605,645.48	$	201,886.69	$	262,718.46	$	71,789.97	$	89,716.19	$	55.00	$	0.00	$	0.00
C. Beginning Balance		$	8,037.48	$	0.00	$	476,040.12	$	14,213.62	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	38,208.22	$	0.00	$	1,578.20	$	40,000.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	46,245.70	$	0.00	$	477,618.32	$	54,213.62	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	36,325.79	$	0.00	$	58,228.22	$	27,381.85	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	9,919.91	$	0.00	$	419,390.10	$	26,831.77	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). DIP Payroll Account
	(a) Bank Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15811-20465
(2). DIP Operating Account
	(a) Bank Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-552   CLOSED 2/01
(3). DIP WCMA/MLIF Account
	(a) Bank Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W62
(4). DIP Operating Account
	(a) Bank Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15816-16574
(5). Pre-Petition Operating Account
	(a) Bank Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14177-04994   CLOSED 5/12/00
(6). Pre-Petition Operating Account
	(a) Bank name and location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-401-289   CLOSED 6/1/00
(7). Pre-Petition Concentration Account
	(a) Bank Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14178-04941   CLOSED 5/10/00
(8). Pre-Petition Accounts Payable Account
	(a) Bank name and location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	77652-01166 CLOSED 5/15/00

I. Other Monies On Hand: None

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 8/22/2001 Signed: /s/ ALEX CORBETT

EX-99.112

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
S N Insurance Services, Inc.	STATEMENT NO. 16
	FOR THE PERIOD FROM: 01-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		DIP General Account		DIP Payroll Account		DIP General Account—Chase		DIP Fiduciary Account		DIP Cananwill Trust Account
CASH ACTIVITY ANALYSIS											CLOSED 3/7/01
A. Total Receipts Per All Prior Interim Statements		$	32,902,765.85	$	10,575,489.50	$	23,928,739.09	$	32,478,124.19	$	766,173.14
B. Less: Total Disbursements Per All Prior Interim Statements		$	32,804,122.02	$	10,544,130.08	$	23,763,540.73	$	32,469,884.26	$	766,173.14
C. Beginning Balance		$	98,643.83	$	31,359.42	$	165,198.36	$	8,239.93	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	446,312.73	$	141,278.60	$	85,136.26	$	0.00	$	0.00
E. Balance Available		$	544,956.56	$	172,638.02	$	250,334.62	$	8,239.93	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	466,250.06	$	139,848.22	$	745.16	$	1,050.08	$	0.00
G. Ending Balance		$	78,706.50	$	32,789.80	$	249,589.46	$	7,189.85	$	0.00

H. ACCOUNT INFORMATION

(1). DIP General Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15819-20480
(2). DIP Payroll Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15812-20431
(3). DIP General Account—Chase
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	323-894984
(4). DIP Fiduciary Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-536
(5). DIP Cananwill Trust Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-528

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 8/22/2001 Signed: /s/ ALEX CORBETT

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 2

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
SN Insurance Services, Inc.	STATEMENT NO. 16
	FOR THE PERIOD FROM: 1-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		DIP Operating Account		DIP WCMA/MLIF Account		DIP WCMA UIC Fiduciary Account		DIP WCMA CIC Fiduciary Account		DIP WCMA ZCIC Fiduciary Account
CASH ACTIVITY ANALYSIS			CLOSED 3/7/01
A. Total Receipts Per All Prior Interim Statements		$	203,544.36	$	91,432,537.20	$	3,952,470.35	$	1,673,691.12	$	224,535.60
B. Less: Total Disbursements Per All Prior Interim Statements		$	203,544.36	$	87,183,066.60	$	150.00	$	150.00	$	150.00
C. Beginning Balance		$	0.00	$	4,249,470.60	$	3,952,320.35	$	1,673,541.12	$	224,385.60
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	22,132.11	$	12,926.78	$	5,473.56	$	733.92
E. Balance Available		$	0.00	$	4,271,602.71	$	3,965,247.13	$	1,679,014.68	$	225,119.52
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	1,169,965.16	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.00	$	3,101,637.55	$	3,965,247.13	$	1,679,014.68	$	225,119.52

H. ACCOUNT INFORMATION

(6). DIP Operating Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-544
(7). DIP WCMA/MLIF Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W64
(8). DIP WCMA UIC Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W77
(9). DIP WCMA CIC Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W78
(10). DIP WCMA ZCIC Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W79

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 3

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Superior National Insurance Services, Inc.	STATEMENT NO. 16
	FOR THE PERIOD FROM: 1-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		DIP WCMA Creditors Fiduciary Account		(1) Pre-Petition Concentration Account		(2) Pre-Petition Concentration Account		Pre-Petition Payroll Account
CASH ACTIVITY ANALYSIS					CLOSED 5/11/00		CLOSED 6/12/00		CLOSED 5/11/00
A. Total Receipts Per All Prior Interim Statements		$	5,081,352.76	$	0.00	$	4,941,903.92	$	116,548.20
B. Less: Total Disbursements Per All Prior Interim Statements		$	1,350,734.96	$	0.00	$	4,941,903.92	$	116,548.20
C. Beginning Balance		$	3,730,617.80	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	12,201.61	$	0.00	$	0.00	$	0.00
E. Balance Available		$	3,742,819.41	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	3,742,819.41	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(11). DIP WCMA Creditors Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W80
(12). Pre-Petition Concentration Account (1)
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14172-03510   CLOSED 5/11/00
(13). Pre-Petition Concentration Account (2)
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14175-03509   CLOSED 6/12/00
(14). Pre-Petiton Payroll Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14175-04995   CLOSED 5/11/00

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 4

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
SN Insurance Services, Inc.	STATEMENT NO. 16
	FOR THE PERIOD FROM: 1-Jul-01
	TO: 31-Jul-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		(3) Pre-Petition Concentration Account		(4) Pre-Petition Concentration Account		Pre-Petition Operating Account		Pre-Petition Cananwill Trust Acct.		Pre-Petition Fiduciary Account		Pre-Petition Accounts Payable Acct
CASH ACTIVITY ANALYSIS			CLOSED 5/26/00		CLOSED 5/31/00		CLOSED 6/1/00		CLOSED 6/8/00		CLOSED 6/30/00		CLOSED 5/15/00
A. Total Receipts Per All Prior Interim Statements		$	915,515.91	$	6,717,253.96	$	203,544.36	$	766,173.14	$	34,083,192.19	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	915,515.91	$	6,717,253.96	$	203,544.36	$	766,173.14	$	34,083,192.19	$	0.00
C. Beginning Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(15). Pre-Petition Concentration Account (3)
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	73662-11040   CLOSED 5/26/00
(16). Pre-Petition Concentration Account (4)
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	323-892531   CLOSED 5/31/00
(17). Pre-Petition Operating Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-061-429   CLOSED 6/1/00
(18). Pre-Petition Cananwill Trust Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-400-738   CLOSED 6/8/00
(19). Pre-Petition Fiduciary Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-400-967   CLOSED 6/30/00
(20). Pre-Petition Accounts Payable Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	77658-01168   CLOSED 5/15/00

I. Other Monies On Hand: None

EX-99.113

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EX.99.113

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SUPERIOR NATIONAL INSURANCE GROUP				REPORT NUMBER 17		Page 1 of 3
				FOR THE PERIOD FROM: 01-Aug-01
DEBTOR					TO: 31-Aug-01
CHAPTER 11 CASE NO. SV00-14099-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 17

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	72,191
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	8/15/01 & 8/31/01	$	21,303	0
State Payroll and Withholding Taxes	8/15/01 & 8/31/01	$	3,962	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 17

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly
Period Ending Quarterly
Disbursements
for Quarter Quarterly
Fee Date Paid Amount Paid Check No. Quarterly
Fee Still Owing

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 10/02/2001 Signed: /s/ ALEX CORBETT

SCHEDULE A

SNIG, BIG, SNIA and SNIS
Schedule of Operations
One Month ended August 31, 2001
[Bankruptcy filed April 26, 2000]
[unaudited]

(in thousands)
																Consolidated Total
		SNIG			BIG			SNIA			SNIS			Elimination
Revenues:
Commission income		$	—		$	—		$	—		$	(56	)	$	—	$	(56	)
Net investment income			6			3			1			39			—		49
	Total Revenues		6			3			1			(17	)		—		(7	)
Expenses:
Interest expense			828			—			—			—			—		828
Bad debt expense			—			—			—	(A)		(57	)(A)		—		(57	)
General and administrative
	Other		27			1			85			486			—		599
	Total Expenses		855			1			85			429			—		1,370
	Income (loss) before income taxes and preferred securities dividends and accretion		(849	)		2			(84	)		(446	)		—		(1,377	)
Income tax (benefit) expense			—			—			—			—			—		—
	Income (loss) before preferred securities dividends and accretion		(849	)		2			(84	)		(446	)		—		(1,377	)
Preferred securities dividends and accretion			(1,143	)		—			—			—			—		(1,143	)
Expenses not related to business operations:
	Legal and Professional Fees		26			—			—			—			—		26
	Other non-operating expenses		—			—			—			—			—		—
			(1,966	)		2			(84	)		(446	)		—		(2,494	)
Equity in net income (loss) from subsidiaries			(524	)		(526	)		—			—			1,054		4
	Net (Loss) Income	$	(2,490	)	$	(524	)	$	(84	)	$	(446	)	$	1,054	$	(2,490	)

(A)

Amount reflects a recording of an allowance for bad debt on collection of commissions receivable. Debtor continues to assert rights of offset and other methods to effectuate collection.

SCHEDULE B

Superior National Insurance Group, Inc. in Bankruptcy
Aging of Accounts Payable and Receivable
As of August 31, 2001

Superior National Insurance Group
	Non-Intercompany Accounts						Intercompany Accounts
	Accounts Payable			Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		449,247			—			—			193,306
Overdue 31 - 60 days		524,224			—			—			699,561
Overdue 61 - 90 days		71,854			—			—			69,804
Overdue 91 - 120 days		—			—			—			83,088
Overdue 121 + days		1,126,243			144,553			5,237,080			1,308,790	[D]
Total	$	2,171,568		$	144,553	[A]	$	5,237,080		$	2,354,550
Business Insurance Group
	Non-Intercompany Accounts						Intercompany Accounts
	Accounts Payable			Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		—			—			—			—
Overdue 31 - 60 days		—			—			—			—
Overdue 61 - 90 days		—			—			—			—
Overdue 91 - 120 days		—			—			—			—
Overdue 121 + days		—			601,265			22,000			20,200,934	[D]
Total	$	—		$	601,265		$	22,000		$	20,200,934
Superior National Insurance Services
	Non-Intercompany Accounts						Intercompany Accounts
	Accounts Payable			Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		219,379			(0	)		156,746			885
Overdue 31 - 60 days		—			0			566,733			2,811
Overdue 61 - 90 days		(0	)		0			0			885
Overdue 91 - 120 days		(0	)		203,903			(0	)		885
Overdue 121 + days		36,455			11,163,399			(0	)		737,487
Total	$	255,834		$	11,367,301	[B]	$	723,479		$	742,955
Superior National Insurance Administrators
	Non-Intercompany Accounts						Intercompany Accounts
	Accounts Payable			Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		83,185			—			37,446			—
Overdue 31 - 60 days		—			—			135,639			—
Overdue 61 - 90 days		—			—			70,690			—
Overdue 91 - 120 days		(0	)		—			83,974			—
Overdue 121 + days		—			6,296,111			1,696,214			98,383
Total	$	83,185		$	6,296,111	[C]	$	2,023,963		$	98,383
Consolidated
	Non-Intercompany Accounts						Intercompany Accounts
	Accounts Payable			Accounts Receivable			Accounts Payable			Accounts Receivable
Current Under 30 days		751,811			(0	)		194,192			194,192
Overdue 31 - 60 days		524,224			0			702,373			702,373
Overdue 61 - 90 days		71,854			0			70,690			70,690
Overdue 91 - 120 days		(0	)		203,903			83,974			83,974
Overdue 121 + days		1,162,698			18,205,328			6,955,294			22,345,594
Total	$	2,510,586		$	18,409,231		$	8,006,523		$	23,396,823

[A]

Amounts in accounts payable do not include interest due and accrued on bank loan and Trust Preferred Securities.

[B]

Amounts shown in accounts receivable do not include recorded amounts on allowance for bad debt on collection of commissions receivable, in which the Debtor continues to assert rights of offset and other methods to effectuate collection.

[C]

Amounts shown in accounts receivable do not include recorded amounts on allowance for bad debt on collection of claims administration fee, in which the Debtor continues to assert rights of offset and other methods to effectuate collection.

[D]

Amounts include a payment of $5.4 million pursuant to an Order Authorizing Release of Escrowed Funds to the Bank Group Pursuant to Stipulation dated November 9, 2000. The $5.4 million was paid from BIG for interest expense accrued on SNIG.

SCHEDULE C
AUGUST 31, 2001

SNIG

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

BIG

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SNIA

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SNIS

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment
Creditor/Lessor			Next Payment Due	Number	Amount
NONE

Amounts above do not include bank loan in default, which are partially secured by stock of Superior National Insurance Group, Inc. and its subsidiaries.

SCHEDULE D

Superior National Insurance Group, Inc. in Bankruptcy
Debtor in Possession
Insurance Coverage
As of August 31, 2001

State	Carrier	Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Arizona	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	12-Jul-02	12-Jul-02
California	State Compensation Insurance Fund	Hogan Insurance	Statutory	01-Jun-02	01-Aug-01
Colorado	Pinnacol Assurance	Di Buduo & De Fendis	Statutory	01-Jun-02	01-Jun-02
Illinois	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	12-Jul-02	12-Jul-02
Kansas	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	11-Aug-02	11-Aug-02
Missouri	Travelers Property & Casualty	Di Buduo & De Fendis	Statutory	02-Jun-02	02-Jun-02
New Jersey	Granite State Insurance Company	Di Buduo & De Fendis	Statutory	02-Jun-02	02-Jun-02
New York	The State Insurance Fund (N.Y.)	Hogan Insurance	Statutory	01-Jun-02	01-Jun-02
Oklahoma	State Insurance Fund	IRAA	Statutory	15-Nov-01	15-Nov-01
Pennsylvania	State Workrmens' Insurance Fund	Di Buduo & De Fendis	Statutory	03-Jun-02	03-Jun-02
Texas	Texas W/C Insurance Fund	Hogan Insurance	Statutory	15-Nov-01	15-Nov-01
Virginia	Liberty Mutual Group	Di Buduo & De Fendis	Statutory	11-Aug-02	11-Aug-02

Note 1: The polices for Florida, Indiana,Louisiana, New Mexico, New York, Oregon, Tennessee, Utah, and Wisconsin were all requested to be cancelled in December 2000.

Note 2: Within all of the policies identified above the following entities are covered for Workers' Compensation: SNIG, BIG, SNIA, and SNIS.

Note 3: A Virginia employee was added to the Kansas policy

Note 4: The AZ, ILL policy was renewed and the AR & GA states were removed

Note 5: New York was added back in June.

August 31, 2001					Schedule E
Company	Agent	Type of Insurance	Amount of Coverage	Policy Exp. Date	Premium paid thru date
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Commercial General Liability Package
		General Liability	$1 million per occurrence $2 million aggregate	11/13/2001	11/13/2001
		Advertising Injury	excluded
		Employee Benefit Liability	$1 million per claim $1 million aggregate
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Automobile (non-owned)
		Liability	$1 million	11/13/2001	11/13/2001
		Physical Damage/Comp/Collision	$30,000 $100 deductible comp/ $250 collision
SNIG, BIG, SNIS, & SNIA	Carpenter Moore	Directors & Officers (run-off)
		Reliance	$5,000,000	05/01/2003	05/01/2003
		Lloyd's of London	$5,000,000 xs $5,000,000
		Gulf Insurance Company	$10,000,000 xs $10,000,000
		Executive Risk Indeminity	$10,000,000 xs $20,000,000
		Philadelphia Indemnity	$10,000,000 xs $30,000,000
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Employer Practice Liability (run off) Extended reporting period	$1 million per loss & in the aggregate	12/10/2001	12/10/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Employer Practice Liability	$1 million per loss & in the aggregate	01/15/2002	01/15/2002
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Fiduciary Liability (run off)	$5 million per loss & in the aggregate	12/10/2001	12/10/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Commercial Umbrella     Evanston Insurance Company	$10 million per occurrence $10 million aggregate	11/01/2001	11/01/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Excess Liability	$10 million per occurrence $10 million aggregate	11/01/2001	11/01/2001
SNIG, BIG, SNIS, & SNIA	DiBudio & DeFendis	Accident Policy (Life/Travel)     AIG	$1 million to $3 million (depends on rank of officer)	01/15/2002	01/15/2002
SNIG, BIG, SNIS, & SNIA	Andreini & Co	Accident Policy (Trip/Travel)     Hartford	$500,000 $1.5 million aggregate (single accident)	12/31/2001	12/31/2001
SNTL Corp & Sub's	Hogan Insurance	Professional Liability—(Binder)     Indian Harbor Insurance	$1 million per occurrence $1 million aggregate	12/08/2001	12/08/2001
BIG only	DiBudio & DeFendis	Professional Liability Run Off BIG companies only/acts b/f 12-10-99 *$500,000 deductible	$10 million per loss & in the aggregate	12/10/2004	12/10/2004

SCHEDULE F
August 31, 2001

SNIG, BIG, SNIS, SNIA

Name of Professional	Type Professional	Post-Petition Unpaid Total
Paul, Weiss, Rifkind, Wharton & Garrison	Legal fees	$	62,635	Note C & D
Latham & Watkins	Counsel for Official Committee of Unsecured Creditors	$	221,271	Note C
Steve Eldrige	Tax consulting	$	14,692
Quinn Emanuel Urquhart Oliver & Hedges LLP	Special litigation counsel	$	912,222	Note C
Tharpe & Howell	Legal fees	$	1,034
Mannat Phelps	Legal fees	$	23,618	Note D
KPMG Peat Marwick	Audit & consulting fees	$	196,868	Note C & D
Christopher Maisel	Facilitator fees	$	—	Note A
Riordan & McKinzie	Corporate counsel	$	139,296	Note B, C & D
Pachulski, Stang, Ziehl, Young & Jones LLP	General bankruptcy counsel	$	374,463	Note C & E

Note A—Fees & expenses from 3/1/01 to 7/31/01 are unknown.

Note B—SNIG has a retainer with Riordan & McKinzie. Retainer balance as of 8/31/01 is $762,542.30.

Note C—Amount includes 20% hold back on professional fees sanctioned by the Bankruptcy Court.

Note D—Amount represents fees & expenses through July 31, 2001.

Note E—Amount represents fees & expenses through May 31, 2001.

QuickLinks

SNIG, BIG, SNIA and SNIS Schedule of Operations One Month ended August 31, 2001 [Bankruptcy filed April 26, 2000] [unaudited]

EX-99.114

EX.99.114

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
BUSINESS INSURANCE GROUP				REPORT NUMBER 17		Page 1 of 3
				FOR THE PERIOD FROM: 01-Aug-01
DEBTOR					TO: 31-Aug-01
CHAPTER 11 CASE NO. SV00-14101-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 16

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	0
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	N/A	$	0	N/A
State Payroll and Withholding Taxes	N/A	$	0	N/A
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 17

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly
Period Ending Quarterly
Disbursements
for Quarter Quarterly
Fee Date Paid Amount Paid Check No. Quarterly
Fee Still Owing

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 10/02/2001 Signed: /s/ ALEX CORBETT

EX-99.115

EX.99.115

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SN INSURANCE ADMINISTRATORS				REPORT NUMBER 17		Page 1 of 3
				FOR THE PERIOD FROM: 01-Aug-01
DEBTOR					TO: 31-Aug-01
CHAPTER 11 CASE NO. SV00-14102-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 17

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	37,348
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	8/15/01 & 8/31/01	$	10,206	0
State Payroll and Withholding Taxes	8/15/01 & 8/31/01	$	1,255	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 17

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly
Period Ending Quarterly
Disbursements
for Quarter Quarterly
Fee Date Paid Amount Paid Check No. Quarterly
Fee Still Owing

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 10/02/2001 Signed: /s/ ALEX CORBETT

EX-99.116

EX.99.116

OFFICE OF THE UNITED STATES TRUSTEE

IN RE:				DEBTOR IN POSSESSION OPERATING REPORT
SN INSURANCE SERVICES				REPORT NUMBER 17		Page 1 of 3
				FOR THE PERIOD FROM: 01-Aug-01
DEBTOR					TO: 31-Aug-01
CHAPTER 11 CASE NO. SV00-14100-GM
1. Profit and Loss Statement				Please see Attached Schedule A
A. Related to Business Operations:
	Gross Sales
	Less Sales Returns and Discounts
		Net Sales
	Less: Cost of Goods Sold
		Beginning Inventory at Cost
		Add: Purchases
		Less: Ending Inventory at Cost
			Cost of Goods Sold
	Gross Profit
	Other Operating Revenue (Specify)
Less: Operating Expenses
	Officer Compensation
	Salaries & Wages - Other Employees
		Total Salaries & Wages
		Employee Benefits
	Payroll Taxes
	Real Estate Taxes
	Federal and State Income Taxes
		Total Taxes
	Rent and Lease Exp. (Real and Personal Property)
	Interest Expense (Mortgage, Loan, etc.)
	Insurance
	Automobile Expense
	Utilities (Gas, Electric, Water, Telephone, etc.)
	Depreciation and Amortization
	Repairs and Maintenance
	Advertising
	Supplies, Office Expenses, Photocopies, etc.
	Bad Debts
	Miscellaneous Operating Expenses (Specify)
		Total Operating Expenses
	Net Gain/(Loss) from Business Operations
B. Not Related to Business Operations
	Income:
		Interest Income
		Other Non-Operating Revenues (Specify)
		Gross Proceeds on Sale of Assets
		Less: Original Cost of Assets plus Expenses of Sale
			Net Gain/(Loss) on Sale of Assets
		Total Non-Operating Income
	Expenses Not Related to Business Operations:
		Legal and Professional Fees
		Other Non-Operating Revenues (Specify)
			Total Non-Operating Expenses
	NET INCOME /(LOSS) FOR PERIOD
Revised April 1989				OPERATING REPORT		UST-4

DEBTOR IN POSSESSION OPERATING REPORT NO. 17

    Page 2 of 3

2. Aging of Accounts Payable and Receivable (exclude pre-petition debt from accounts payable):

		Accounts Payable		Accounts Receivable
Current	Under 30 days	$	0	$	0
Overdue	31 - 60 days	$	0	$	0
Overdue	61 - 90 days		PLEASE SEE ATTACHED SCHEDULE B
Overdue	91 - 120 days	$	0	$	0
Overdue	121 + days	$	0	$	0
Total		$	0	$	0

3. Statement of Status of Payments to Secured Creditors and Lessors:

				Post-Petition Payments Not Made
	Frequency of Payments per Lease/Contract	Amount of Each Payment	Next Payment Due
Creditor/Lessor				Number	Amount
	NONE

4. Tax Liability:

Gross Payroll Expense For Period	$	142,868
Gross Sales for Period Subject to Sales Tax	$	0

	Date Paid	Amount Paid*		Post Petition Taxes Still Owing
Federal Payroll and Withholding Taxes	8/15/01 & 8/31/01	$	37,292	0
State Payroll and Withholding Taxes	8/15/01 & 8/31/01	$	4,467	0
State Sales and Use Tax	N/A	$	0	N/A
Real Property Taxes	N/A	$	0	N/A

ALL PAYROLL TAXES PAID BY ADP

•

Attach photocopies of depository receipts from taxing authority or financial institution to verify that such deposits or payments have been made.

5. Insurance Coverage

	Carrier/ Agent	Amount of Coverage	Policy Exp. Date	Premium Paid Thru Date
Worker's Compensation	See Schedule D
Liability	See Schedule E
Fire and Extended Coverage	See Schedule E
Property	See Schedule E
Theft	See Schedule E
Life (Beneficiary:      )	See Schedule E
Vehicle	See Schedule E
Other	See Schedule E

DEBTOR IN POSSESSION OPERATING REPORT NO. 17

    Page 3 of 3

6. Questions:

A.

Has the Debtor provided to any officers, directors, shareholders, or other principals compensation without the approval of the Office of the United States Trustee?

/ /: Yes  Explain: ____________________________________

/x/ : No 

B.

Has the Debtor, subsequent to the filing of the petition made any payments on its pre-petition unsecured debt, except as have been authorized by the Court?

/ / : Yes  Explain: ____________________________________

/x/ : No 

7. Statement of Unpaid Professional Fees (Post-Petition Only):

Name of Professional	Type Professional	Post-Petition Unpaid Total
See Schedule F

8. Narrative Report of Significant Events And Events Out Of The Ordinary Course Of Business:

9. Quarterly Fees: (This Fee must be paid to the United States Trustee every calendar quarter)

Quarterly
Period Ending Quarterly
Disbursements
for Quarter Quarterly
Fee Date Paid Amount Paid Check No. Quarterly
Fee Still Owing

I, Alex Corbett — Chief Financial Officer, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge.

Dated: 10/02/2001 Signed: /s/ ALEX CORBETT

EX-99.117

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Superior National Insurance Group	STATEMENT NO. 17
	FOR THE PERIOD FROM: 01-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14099-GM

		DIP Payroll Account		DIP WCMA/MLIF Account		DIP Operating Account		Pre-Petition Payroll Account		Pre-Petition Operating Account Imperial Bank		Pre-Petition Operating Account Bank of Bermuda		Pre-Petition Investment Account
CASH ACTIVITY ANALYSIS									CLOSED 5/12/00		CLOSED 5/15/00		CLOSED 5/19/00		CLOSED 5/31/00
A. Total Receipts Per All Prior Interim Statements		$	8,008,614.28	$	4,861,690.66	$	555,319.36	$	127,139.87	$	84.46	$	45.84	$	12.16
B. Less: Total Disbursements Per All Prior Interim Statements		$	8,004,832.61	$	4,299,258.98	$	486,297.18	$	127,139.87	$	84.46	$	45.84	$	12.16
C. Beginning Balance		$	3,781.67	$	562,431.68	$	69,022.18	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	75,446.41	$	103,293.85	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	79,228.08	$	665,725.53	$	69,022.18	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	76,720.55	$	100,676.13	$	7,926.97	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	2,507.53	$	565,049.40	$	61,095.21	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). DIP Payroll Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15818-20438
(2). DIP WCMA/MLIF Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W63
(3). DIP Operating Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15815-16527
(4). Pre-Petition Payroll Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14173-04996   CLOSED 5/12/00
(5). Pre-Petition Operating Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-061-275   CLOSED 5/15/00
(6). Pre-Petition Operating Account
	(a) Depository Name and Location	Bank of Bermuda, 6 Front Street, Hamilton HM 11, Bermuda
	(b) Account Number	1010-584560   CLOSED 5/19/00
(7). Pre-Petition Investment Account
	(a) Depository Name and Location	Bank of New York, 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
	(b) Account Number	350776   CLOSED 5/31/00

I. Other Monies On Hand: None

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 9/18/2001 Signed: /s/ ALEX CORBETT

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 2

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Superior National Insurance Group	STATEMENT NO. 17
	FOR THE PERIOD FROM: 1-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14099-GM

		Pre-Petition MLIF Account		Pre-Petition Monarch Funds Account		Pre-Petition Preemptive Rights Holding Account		Pre-Petition Operating Account Chase		Pre-Petition Equity Account		Pre-Petition Concentration Acct Bank of America		Pre-Petition Accounts Payable Bank of America
CASH ACTIVITY ANALYSIS			CLOSED 6/6/00		CLOSED 6/6/00		CLOSED 5/15/00		CLOSED 5/18/00		CLOSED 5/15/00		CLOSED 5/10/00		CLOSED 5/15/00
A. Total Receipts Per All Prior Interim Statements		$	1,215,440.20	$	173.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	1,215,439.74	$	173.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
C. Beginning Balance		$	0.46	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	0.46	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.46	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(7). Pre-Petition MLIF Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07K15   CLOSED 6/6/00
(8). Pre-Petition Monarch Funds Account
	(a) Depository Name and Location	Imperial Bank-Monarch Funds, PO Box 446, Portland, ME 04112
	(b) Account Number	10-00054585-31-01   CLOSED 6/6/00
(9). Pre-Petition Preemptive Rights Holding Account
	(a) Depository Name and Location	Imperial Bank-Monarch Funds, PO Box 446, Portland, ME 04112
	(b) Account Number	17-108-832   CLOSED 5/15/00
(10). Pre-Petition Operating Account
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	910-2-662864   CLOSED 5/18/00
(11). Pre-Petition Equity Account
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	910-2-662856   CLOSED 5/15/00
(12). Pre-Petition Concentration Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14173-04939   CLOSED 5/10/00
(13). Pre-Petition Accounts Payable Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	77650-01167   CLOSED 5/15/00

EX-99.118

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Business Insurance Group	STATEMENT NO. 17
	FOR THE PERIOD FROM: 1-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14101-GM

		DIP General Account		DIP Accounts Payable Account		DIP WCMA/MLIF Account		Pre-Petition Concentration Acct (1)		Pre-Petition Money Market Account		Pre-Petition Investment Acct (1)		Pre-Petition Investment Acct (2)
CASH ACTIVITY ANALYSIS					CLOSED 7/31/00				CLOSED 5/11/00		CLOSED 5/18/00		CLOSED 5/31/00		CLOSED 5/31/00
A. Total Receipts Per All Prior Interim Statements		$	690,073.06	$	0.00	$	6,313,463.01	$	544,242.11	$	105,830.95	$	0.36	$	0.97
B. Less: Total Disbursements Per All Prior Interim Statements		$	669,705.82	$	0.00	$	5,349,507.94	$	544,242.11	$	105,830.95	$	0.36	$	0.97
C. Beginning Balance		$	20,367.24	$	0.00	$	963,955.07	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	3,026.77	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	20,367.24	$	0.00	$	966,981.84	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	184.46	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	20,182.78	$	0.00	$	966,981.84	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). DIP General Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15819-20485
(2). DIP Accounts Payable Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15816-20491   CLOSED 7/31/00
(3). DIP WCMA/MLIF Account
	(a) Name and Location of Bank	Merril Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W61
(4). Pre-Petition Concentration Account
	(a) Name and Location of Bank	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14176-00505   CLOSED 5/11/00
(5). Pre-Petition Money Market Account
	(a) Name and Location of Bank	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14179-03328   CLOSED 5/18/00
(6). Pre-Petition Investment Account (1)
	(a) Name and Location of Bank	Bank of New York, 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
	(b) Account Number	046705   CLOSED 5/31/00
(7). Pre-Petition Investment Account (2)
	(a) Name and Location of Bank	Bank of New York, 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
	(b) Account Number	046706   CLOSED 5/31/00

I. Other Monies On Hand: None

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 9/18/2001 Signed: /s/ ALEX CORBETT

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 2

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
Business Insurance Group	STATEMENT NO. 17
	FOR THE PERIOD FROM: 01-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14101-GM

		Pre-Petition Concentration Acct(2)		Pre-Petition Accounts Payable Account		Pre-Petition Payroll Account		NOT APPLICABLE		NOT APPLICABLE		NOT APPLICABLE
CASH ACTIVITY ANALYSIS			CLOSED 5/10/00		CLOSED 5/15/00		CLOSED 5/12/00
A. Total Receipts Per All Prior Interim Statements		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
C. Beginning Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). Pre-Petition Concentration Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	14999-02337   CLOSED 5/10/00
(2). Pre-Petition Accounts Payable Account
	(a) Name and Location of Bank	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	77651-00780   CLOSED 5/15/00
(3). Pre-Petition Payroll Account
	(a) Name and Location of Bank	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	12336-23733   CLOSED 5/12/00
(4). NOT APPLICABLE
	(a) Name and Location of Bank
	(b) Account Number
(5). NOT APPLICABLE
	(a) Name and Location of Bank
	(b) Account Number
(6). NOT APPLICABLE
	(a) Name and Location of Bank
	(b) Account Number
I. Other Monies On Hand: None
I,                        , declare under penalty that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:
Dated:		Signed:

EX-99.119

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
SN Insurance Administrators, Inc.	STATEMENT NO. 17
	FOR THE PERIOD FROM: 8/1/2001
	TO: 8/31/2001
DEBTOR
CHAPTER 11 CASE NO. SV00-14102-GM

		DIP Payroll Account		DIP Operating Account		DIP WCMA / MLIF Account		DIP Operating Account		Pre-Petition Payroll Account		Pre-Petition Operating Account		Pre-Petition Concentration Acct		Pre-Petition Account Payable Acct
CASH ACTIVITY ANALYSIS					CLOSED 2/01						CLOSED 5/12/00		CLOSED 6/1/00		CLOSED 5/10/00		CLOSED 5/15/00
A. Total Receipts Per All Prior Interim Statements		$	12,651,891.18	$	201,886.69	$	740,336.78	$	126,003.59	$	89,716.19	$	55.00	$	0.00	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	12,641,971.27	$	201,886.69	$	320,946.68	$	99,171.82	$	89,716.19	$	55.00	$	0.00	$	0.00
C. Beginning Balance		$	9,919.91	$	0.00	$	419,390.10	$	26,831.77	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	36,789.42	$	0.00	$	1,291.49	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	46,709.33	$	0.00	$	420,681.59	$	26,831.77	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	36,887.68	$	0.00	$	36,809.42	$	6,483.60	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	9,821.65	$	0.00	$	383,872.17	$	20,348.17	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(1). DIP Payroll Account
	(a) Bank name and location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15811-20465
(2). DIP Operating Account
	(a) Bank name and location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-552   CLOSED 2/01
(3). DIP WCMA/MLIF Account
	(a) Bank name and location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W62
(4). DIP Operating Account
	(a) Bank name and location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15816-16574
(5). Pre-Petition Payroll Account
	(a) Bank name and location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14177-04994   CLOSED 5/12/00
(6). Pre-Petition Operating Account
	(a) Bank name and location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-401-289   CLOSED 6/1/00
(7). Pre-Petition Concentration Account
	(a) Bank name and location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14178-04941   CLOSED 5/10/00
(8). Pre-Petition Accounts Payable Account
	(a) Bank name and location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	77652-01166   CLOSED 5/15/00

I. Other Monies On Hand: None

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 9/18/2001 Signed: /s/ ALEX CORBETT

EX-99.120

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 1

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
SN Insurance Services, Inc.	STATEMENT NO. 17
	FOR THE PERIOD FROM: 01-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		DIP General Account		DIP Payroll Account		DIP General Account - Chase		DIP Fiduciary Account		DIP Cananwill Trust Account
CASH ACTIVITY ANALYSIS											CLOSED 3/7/01
A. Total Receipts Per All Prior Interim Statements		$	33,349,078.58	$	10,716,768.10	$	24,013,875.35	$	32,478,124.19	$	766,173.14
B. Less: Total Disbursements Per All Prior Interim Statements		$	33,270,372.08	$	10,683,978.30	$	23,764,285.89	$	32,470,934.34	$	766,173.14
C. Beginning Balance		$	78,706.50	$	32,789.80	$	249,589.46	$	7,189.85	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	565,936.40	$	140,466.34	$	17,009.20	$	0.00	$	0.00
E. Balance Available		$	644,642.90	$	173,256.14	$	266,598.66	$	7,189.85	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	397,193.44	$	140,472.48	$	325.07	$	1,050.64	$	0.00
G. Ending Balance		$	247,449.46	$	32,783.66	$	266,273.59	$	6,139.21	$	0.00

H. ACCOUNT INFORMATION

(1). DIP General Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15819-20480
(2). DIP Payroll Account
	(a) Depository Name and Location	Bank of America, 345 Montgomery Street, LL1, San Francisco, CA 94104
	(b) Account Number	15812-20431
(3). DIP General Account - Chase
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	323-894984
(4). DIP Fiduciary Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-536
(5). DIP Cananwill Trust Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-528

I, Alex Corbett, Chief Financial Officer, declare under penalty of perjury, that the information contained in the above Debtor in Possession Interim Statement is true and complete to the best of my knowlege:

Dated: 9/18/2001 Signed: /s/ ALEX CORBETT

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 2

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
SN Insurance Services, Inc.	STATEMENT NO. 17
	FOR THE PERIOD FROM: 1-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		DIP Operating Account		DIP WCMA/MLIF Account		DIP WCMA UIC Fiduciary Account		DIP WCMA CIC Fiduciary Account		DIP WCMA ZCIC Fiduciary Account
CASH ACTIVITY ANALYSIS			CLOSED 3/7/01
A. Total Receipts Per All Prior Interim Statements		$	203,544.36	$	91,454,669.31	$	3,965,397.13	$	1,679,164.68	$	225,269.52
B. Less: Total Disbursements Per All Prior Interim Statements		$	203,544.36	$	88,353,031.76	$	150.00	$	150.00	$	150.00
C. Beginning Balance		$	0.00	$	3,101,637.55	$	3,965,247.13	$	1,679,014.68	$	225,119.52
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	17,270.57	$	12,445.08	$	5,269.66	$	706.55
E. Balance Available		$	0.00	$	3,118,908.12	$	3,977,692.21	$	1,684,284.34	$	225,826.07
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	751,996.61	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.00	$	2,366,911.51	$	3,977,692.21	$	1,684,284.34	$	225,826.07

H. ACCOUNT INFORMATION

(6). DIP Operating Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-402-544
(7). DIP WCMA/MLIF Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W64
(8). DIP WCMA UIC Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W77
(9). DIP WCMA CIC Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W78
(10). DIP WCMA ZCIC Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W79

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 4

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
SN Insurance Services, Inc.	STATEMENT NO. 17
	FOR THE PERIOD FROM: 1-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		(3) Pre-Petition Concentration Account		(4) Pre-Petition Concentration Account		Pre-Petition Operating Account		Pre-Petition Cananwill Trust Acct.		Pre-Petition Fiduciary Account		Pre-Petition Accounts Payable Acct
CASH ACTIVITY ANALYSIS			CLOSED 5/26/00		CLOSED 5/31/00		CLOSED 6/1/00		CLOSED 6/8/00		CLOSED 6/30/00		CLOSED 5/15/00
A. Total Receipts Per All Prior Interim Statements		$	915,515.91	$	6,717,253.96	$	203,544.36	$	766,173.14	$	34,083,192.19	$	0.00
B. Less: Total Disbursements Per All Prior Interim Statements		$	915,515.91	$	6,717,253.96	$	203,544.36	$	766,173.14	$	34,083,192.19	$	0.00
C. Beginning Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
E. Balance Available		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(15). Pre-Petition Concentration Account (3)
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	73662-11040   CLOSED 5/26/00
(16). Pre-Petition Concentration Account (4)
	(a) Depository Name and Location	Chase Manhattan Bank, 4 Chase MetroTech Center, 18th Floor, Brooklyn, NY 11245
	(b) Account Number	323-892531   CLOSED 5/31/00
(17). Pre-Petition Operating Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-061-429   CLOSED 6/1/00
(18). Pre-Petition Cananwill Trust Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-400-738   CLOSED 6/8/00
(19). Pre-Petition Fiduciary Account
	(a) Depository Name and Location	Imperial Bank, 226 Airport Parkway, San Jose, CA 95110
	(b) Account Number	17-400-967   CLOSED 6/30/00
(20). Pre-Petition Accounts Payable Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	77658-01168   CLOSED 5/15/00

I. Other Monies On Hand: None

OFFICE OF THE UNITED STATES TRUSTEE

PAGE 3

CENTRAL DISTRICT OF CALIFORNIA

IN RE:	DEBTOR IN POSSESSION INTERIM STATEMENT
SN Insurance Services, Inc.	STATEMENT NO. 17
	FOR THE PERIOD FROM:  01-Aug-01
	TO: 31-Aug-01
DEBTOR
CHAPTER 11 CASE NO. SV00-14100-GM

		DIP WCMA Creditors Fiduciary Account		(1) Pre-Petition Concentration Account		(2) Pre-Petition Concentration Account		Pre-Petition Payroll Account
CASH ACTIVITY ANALYSIS					CLOSED 5/11/00		CLOSED 6/12/00		CLOSED 5/11/00
A. Total Receipts Per All Prior Interim Statements		$	5,093,554.37	$	0.00	$	4,941,903.92	$	116,548.20
B. Less: Total Disbursements Per All Prior Interim Statements		$	1,350,734.96	$	0.00	$	4,941,903.92	$	116,548.20
C. Beginning Balance		$	3,742,819.41	$	0.00	$	0.00	$	0.00
D. Receipts During Current Period
	Per Attached Schedule	$	11,747.05	$	0.00	$	0.00	$	0.00
E. Balance Available		$	3,754,566.46	$	0.00	$	0.00	$	0.00
F. Less: Disbursements During Period
	Per Attached Schedule	$	0.00	$	0.00	$	0.00	$	0.00
G. Ending Balance		$	3,754,566.46	$	0.00	$	0.00	$	0.00

H. ACCOUNT INFORMATION

(11). DIP WCMA Creditors Fiduciary Account
	(a) Depository Name and Location	Merrill Lynch, 10 West Second Street, #400, Dayton, OH 45402
	(b) Account Number	77M07W80
(12). Pre-Petition Concentration Account (1)
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14172-03510   CLOSED 5/11/00
(13). Pre-Petition Concentration Account (2)
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14175-03509   CLOSED 6/12/00
(14). Pre-Petiton Payroll Account
	(a) Depository Name and Location	Bank of America, 2049 Century Park East, 2nd Floor, Los Angeles, CA 90067
	(b) Account Number	14175-04995   CLOSED 5/11/00