UDS Changes and Corrections
…a note that exceeds 1000 characters. 2017-01-17 New Coverage Code NA Law and ordinance coverage code added for farm owners, fire, homeowner’s and mobile home policies. (545025, 575025, 635025, and…
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Media Inquiries
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…
Guaranty Fund Assessment Liability Information
…information are generally correct, and care has been taken in the creation and maintenance of this data, we have not made any effort to independently verify such data, and we,…
The National Conference of Insurance Guaranty Funds: Supporting a system of policyholder protection
…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…
Protect the Integrity Of State Guaranty Funds
…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…
NCIGF Reps Meet with Members of Congress
…Services Committees. Cross-section of senior members and freshman members, including: Senate Banking Committee Chairman, Mike Crapo Housing, Community Development, and Insurance Subcommittee Chairman, Lacy Clay Housing, Community Development, and Insurance…
Merced Property & Casualty Company: A Deeper Dive (continued story from the 2019 Fall Workshop)
…the fact that there was not a huge number of claims, we actually started issuing checks on that Friday, December 7th. The next week, in earnest, we were producing more…
The Property and Casualty Guaranty Fund System: Supporting the Insurance Promise for 50 Years
…reinsurance and other tools. For this reason, insurance company insolvencies are unlikely. However, when an insurance company fails, the property and casualty guaranty funds stand ready to protect consumers, as…
NCIGF Assessment Liability Report Updated through 2Q 2020
…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…