Backgrounder
…policies in their states. Assessment are typically a small percentage of business written. In most states there is an annual assessment cap of two percent of net direct written premium….
…policies in their states. Assessment are typically a small percentage of business written. In most states there is an annual assessment cap of two percent of net direct written premium….
…and provide a safety net that encourages the commercial enterprise of selling and buying insurance. The statutory resolution construct fills inevitable gaps in the larger insurance food supply chain. The…
…the balance intended to produce affordability, availability and dependability for consumers. Consider the shot across the bow from U.S. Senator Trent Lott, R-Miss., and U.S. Rep. Gene Taylor, D-Miss., who…
…of the new law available https://www.ncigf.org/industry/public-policy-and-legislation/.) The other states that have adopted similar statutory changes are California, Pennsylvania, Illinois, Indiana, Michigan, Texas, New Jersey, Utah, Florida, Missouri, and West Virginia….
…time it may communicate views, ideas and experiences to interested parties. IFIGS is a voluntary not for profit membership network. It is independent of any government authority. Currently there are…
…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….
By Ed Wallis The U.S. Treasury Department released its own blueprint for a stronger regulatory structure for the U.S. financial system on March 29. That report is important for guaranty…
…safety net to pay certain claims arising out of policies issued by licensed insurance companies. Claims are paid to limits established by state law. Guaranty funds do not pay non-policy…
…three years straight, with the same company. And every year, the same types of issues would get identified. The firm would come in, run an general controls audit, pen test,…
For a basic overview of the insolvency process and guaranty fund laws, click here. For media inquiries about life and health guaranty funds please visit https://www.nolhga.com. For media inquiries about…