Backgrounder
…Roger Schmelzer. “But when insolvencies do occur, the guaranty fund system is with an effective and proven safety net that provides policyholder protection to the maximum legally allowable limits.” ###…
…Roger Schmelzer. “But when insolvencies do occur, the guaranty fund system is with an effective and proven safety net that provides policyholder protection to the maximum legally allowable limits.” ###…
…the need for a safety net to cover insurer insolvencies suggests that such a safety net was intended to protect individual policyholders and claimants rather than large commercial insureds. For…
Event Summary: http://www.cvent.com/d/d6q7zh Registration: http://www.cvent.com/d/d6q7zh/4W Agenda: http://www.cvent.com/d/d6q7zh/6X…
…cost of doing business to assure an effective safety net for insurance consumers. It’s not just my opinion; I often hear this point made by industry thought leaders. Besides, with…
…Brad: The CIGA statute says that we could pay a maximum of $500,000 per claim for non-workers compensation claims. We talked in advance with our counsel and discussed the option…
…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…
…of each property and casualty (P&C) guaranty fund – the maximum assessment (capacity), net assessable premium, actual and projected assessment/refund information, lines of business, recoupment provisions, assessment types, and procedures….
…estimates. Assessment Liability Report The Assessment Liability Report includes – by a statutory account of each property and casualty (P&C) guaranty fund – the maximum assessment (capacity), net assessable premium,…
…for this case may be accessed at https://www.oscn.net/dockets/GetCaseInformation.aspx?db=oklahoma&number=CJ-2019-6689. NCIGF, NOLHGA and Arizona comments may be viewed at this link. NCIGF is represented in this matter by Derryberry and Naifeh, LLP….