HOME  |  CONTACT US   |   SUPPORT

NEWS & UPDATES

NCIGF Submits Comments on Restructuring Mechanisms for Troubled Companies to NAIC Subgroup

On March 24 NCIGF President and CEO Roger Schmelzer submitted recommendations to Michael Vild, chairman of the Restructuring Mechanisms for Troubled Companies (E) Subgroup of the National Association of Insurance Commissioners (NAIC). Schmelzer’s comments, which were sent via letter, commented on topics related to restructuring mechanisms for troubled insurance companies that will be addressed by the subgroup in a proposed white paper later in the year.

“The NCIGF’s comments are based on the proposition that the primary public policy purpose of any insolvency scheme, whether it takes the form of liquidation or some other mechanism, should remain protection of the public from excessive financial loss due to the insolvency of insurance companies,” Schmelzer wrote.

Click here to read the comments in their entirety.



Insolvency Trends – 2008 Now Available

The National Conference of Insurance Guaranty Funds’ (NCIGF) has released its Insolvency Trends – 2008.

Authored by the NCIGF legal staff, Insolvency Trends – 2008 provides a complete run-down on recent developments in insolvency law and practice and a look ahead at what is on the horizon in 2009.

Click here to view Insolvency Trends – 2008.



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

QUESTIONS ABOUT YOUR CLAIM

Questions?

The NCIGF does not process or pay claims. Questions about individual claims are best directed to your state's department of insurance or guaranty association. Contact information can be found by following the links below.

State insurance department Web sites

Alabama
Department of Insurance

Alaska
Department of Insurance

Arizona
Department of Insurance

Arkansas
Department of Insurance

California
Department of Insurance

Colorado
Department of Insurance

Connecticut
Department of Insurance

Delaware
Department of Insurance

District of Columbia
Department of Insurance

Florida
Department of Insurance

Georgia
Department of Insurance

Hawaii
Department of Insurance

Idaho
Department of Insurance

Illinois
Department of Insurance

Indiana
Department of Insurance

Iowa
Department of Insurance

Kansas
Department of Insurance

Kentucky
Department of Insurance

Louisiana
Department of Insurance

Maine
Department of Insurance

Maryland
Department of Insurance

Massachusetts
Department of Insurance

Michigan
Department of Insurance

Minnesota
Department of Insurance

Mississippi
Department of Insurance

Missouri
Department of Insurance

Montana
Department of Insurance

Nebraska
Department of Insurance

Nevada
Department of Insurance

New Hampshire
Department of Insurance

New Jersey
Department of Insurance

New Mexico
Department of Insurance

New York
Department of Insurance

North Carolina
Department of Insurance

North Dakota
Department of Insurance

Ohio
Department of Insurance

Oklahoma
Department of Insurance

Oregon
Department of Insurance

Pennsylvania
Department of Insurance

Puerto Rico
Department of Insurance

Rhode Island
Department of Insurance

South Carolina
Department of Insurance

South Dakota
Department of Insurance

Tennessee
Department of Insurance

Texas
Department of Insurance

Utah
Department of Insurance

Vermont
Department of Insurance

Virginia
Department of Insurance

Washington
Department of Insurance

West Virginia
Department of Insurance

Wisconsin
Department of Insurance

Wyoming
Department of Insurance

State Guaranty Association Directory

Offices of Insurance Receivers

Conservation & Liquidation Office
Florida Department of Financial Services
Illinois Office of the Special Deputy
New York Liquidation Bureau
Ohio Insurance Liquidator
Utah Insurance Receivers