NEWS & UPDATES |
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Insolvency Trends – 2010 Now Available The National Conference of Insurance Guaranty Funds’ (NCIGF) has released its Insolvency Trends – 2010. Authored by the NCIGF legal staff, Insolvency Trends – 2010 provides a complete run-down on recent developments in insolvency law and practice. Click here to view Insolvency Trends – 2010.
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Accounting Guidelines Manual Available The National Conference of Insurance Guaranty Funds’ (NCIGF) has released the Accounting Guidelines Manual authored by the NCIGF Accounting Issues Committee. Formerly titled the Financial Reporting Guidelines Manual, the publication provides guidelines on guaranty fund-related accounting practices. Click here to view the Accounting Guidelines Manual.
Guaranty Fund Expenses Compare Favorably to Industry's, Independent Review Shows The National Conference of Insurance Guaranty Funds (NCIGF) has released a review by an independent actuarial firm that shows property and casualty guaranty funds expenses compare favorably to those of industry in the area of claims paying. The “Review of Property and Casualty Insurance Guaranty Fund Expenses” provides an analysis of guaranty fund expenses and a comparison of analogous property and casualty industry expenses for all insolvencies from 2001 through 2004. Click here to view the review.
NCIGF, NOLHGA Submit Comments to U.S. Treasury on Guaranty Fund System The National Conference of Insurance Guaranty Funds (NCIGF) and the National Organization of Life & Health Insurance Guaranty Associations (NOLHGA) have jointly drafted “Treasury Review of Regulatory Structure Associated with Financial Institutions: Request for Comments (TREAS-DO-2007-0018).” The organizations submitted the paper to the United States Department of Treasury to explain the role of the state guaranty funds. Read More |
