Protect the Integrity Of State Guaranty Funds
…amount of the cost to be footed by guaranty association assessments to insurers writing licensed business in the state where the fund operates. Solvent carriers are then permitted to “recoup”…
…amount of the cost to be footed by guaranty association assessments to insurers writing licensed business in the state where the fund operates. Solvent carriers are then permitted to “recoup”…
On June 4 Louisiana adopted legislation to define how large deductible policies are handled in an insurance liquidation. The new law tracks closely to model language adopted by NCIGF and…
…used to evaluate company liabilities can be unexpectedly changed, for example, re-opening the statute of limitations on previously expired tort claims. Another challenge facing investors is the high cost of…
Event Summary: http://www.cvent.com/d/d6q7zh Registration: http://www.cvent.com/d/d6q7zh/4W Agenda: http://www.cvent.com/d/d6q7zh/6X…
…D-record will bring to insolvency-related financial reporting greater uniformity and standardization, better efficiency and related cost-savings, and will help strengthen and streamline the insolvency system that has protected tens-of-thousands of…
…is a privately funded, nonprofit state-based program. The system, which pays covered claims up to a state’s legally allowable limits, has safeguarded countless policyholders who might otherwise face financial ruin…
…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….
…insurance guarantee schemes.” IFIGS, in partnership with NOLHGA and NCIGF, commented on the consultation paper and strongly objected to that statement. The offending comment was removed from the revised paper….
…recoveries, that any reduction in current collateral requirements will directly and considerably add to the cost of guaranty association protection that is, by statute, ultimately passed on to the public.”…