…Association http://www.doi.idaho.gov/ Illinois Illinois Insurance Guaranty Fund http://www.idfpr.com/ Indiana Indiana Insurance Guaranty Association http://www.in.gov/idoi/ Iowa Iowa Insurance Guaranty Association http://www.iid.state.ia.us/ Kansas Kansas Insurance Guaranty Association http://www.ksinsurance.org/ Kentucky Kentucky Insurance Guaranty…
…form of most insurance guaranty associations is that of a special, non-governmental, not-for-profit corporation established by specific state enabling legislation. However, in four states (Arizona, Arkansas, any meaningful sense operated…
Businesses and consumers purchase property and casualty insurance to protect themselves from financial losses arising out of a variety of possible damages, including fires, accidents, natural disasters, Workers’ Compensation–covered injuries…
…guaranty funds covered policyholder claims, it would not change the bottom-line result that significant coverage, in fact, existed. Despite various statutory limitations on coverage, it appears that, based upon recent…
…net The data collection process cast its nets wide, eliciting input from a broad base of respondents that included regulators and receivers and staffs, guaranty association board members, managers and…
…In addition, many of these insolvencies, such as Reliance, Fremont Indemnity Company and Legion Insurance Company, were larger than any the system had before absorbed. The insolvency of a large…
Event Summary: http://www.cvent.com/d/d6q7zh Registration: http://www.cvent.com/d/d6q7zh/4W Agenda: http://www.cvent.com/d/d6q7zh/6X…
…regulators in achieving that end. Delivering the keynote speech as chairman of IFIGS, Schmelzer outlined common objectives for all nations with policyholder protection laws; early involvement, prioritizing insurance customers and…
…from state to state. In most states, the receiver prioritizes distribution of estate assets, paying liquidation-related administration costs first, claimants next, and remaining creditors last. The receiver/guaranty association partnership ensures…