Company Division Statutes Gain Steam in the States
…compensation, and personal lines insurance.” (See RI Statute s. 27-14.5-1(6)). Pennsylvania also had a related law (PA Bus Corp. Law § 1951 (repealed)) that provided for division of a solvent…
…compensation, and personal lines insurance.” (See RI Statute s. 27-14.5-1(6)). Pennsylvania also had a related law (PA Bus Corp. Law § 1951 (repealed)) that provided for division of a solvent…
In September, the Michigan Property and Casualty Guaranty Association announced that Jeffery Jenkins would become their new executive director. Their official announcement is below. NCIGF reached out to Mr. Jenkins…
…blocks of business. The transferring company has no liability should the assuming entity be ordered into liquidation. Further, the statutes permit various lines of business to be transferred including workers…
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…
…You may reference the following chart for a list of values: http://www.ascii-code.com/ 2. UDS records will not contain any interstitial ASCII control characters (i.e. ASCII chars from 0-31 decimal). 3….
…therefore, do not assume any responsibility whatsoever for its accuracy. It is important to understand that in some cases, estimates developed by either NCIGF or third parties have been used….
…guaranty fund system – a system few know much about – steps in. Put simply, guaranty funds provide an essential safety net for policyholders, one that meets the needs of…
…amounts of resources, especially since the financial crisis, to assure federal lawmakers that the state-based safety net is prepared to protect consumers. Now is not the time to let up….
…a panel entitled, Disaster Sight: Listening to History for Creative Problem Solving. Among the panelists was Brad Roeber, Executive Director of the California Insurance Guarantee Association (CIGA). Mr. Roeber gave…
…beneficiaries and claimants when their insurance companies fail,” said Roger H. Schmelzer, president & CEO of the National Conference of Insurance Guaranty Funds (NCIGF). The NCIGF is a nonprofit national…