NCIGF Assessment Liability Report Updated through 2Q 2020

The NCIGF Assessment Liability Report has been updated and posted to the NCIGF website with P&C guaranty fund assessment information through June 30, 2020. The report assists insurers in estimating their P&C guaranty fund assessment liabilities while eliminating the need to contact the guaranty funds in each of their member states.

The Assessment Liability Report includes – by statutory account of each state guaranty fund – actual and projected assessment and refund activity, net assessable premium, maximum assessment capacity, assessment type and procedures, lines of business and recoupment provisions. The NCIGF publishes the Assessment Liability Report prior to the end of the second, third and fourth quarters.

The assessment information is located on the NCIGF website under the Industry tab and the drop-down menu titled “Assessment Liability Information”.  Historical P&C guaranty fund assessment reports are also included.

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