Business Continuity/Disaster Recovery
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NCIGF Weighs in on Reinsurance Collateral Proposals
…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.”…
IT Security – The Next Right Thing
…automated phishing and security training for users, buy something that does automated vulnerability scans/reports, create and follow a patching strategy (patching/reboots on Sunday afternoon), more robust monitoring, log aggregation, and,…
Merced Property & Casualty Company: A Deeper Dive (continued story from the 2019 Fall Workshop)
…leveraged it in this particular case was a little different. Robin: Take us back to the very beginning. What happened with Merced? Brad: The story of Merced is a pretty…
On the Horizon: Treasury Department Offers Blueprint for Modernization of Financial Regulation
…individual states and by the federal government. The NCIGF has urged the approach of including federally chartered insurers in the state guaranty association network by requiring any federally chartered insurer…
NCIGF Announces Policy Position on Restructuring at Austin NAIC meeting
…compensation and other personal lines. The NCIGF expressed concern that under current guaranty fund law many claims presented to guaranty funds would not be considered “covered claims” – that is…
Company Division Statutes Gain Steam in the States
…Brandywine, assumed certain run‐off blocks of business while INA continued to write new business. The law has since been repealed and replaced with the more generalized Associations Transaction Act (15…
Michigan Announces New Executive Director
…now that he has begun in the new role and he stated, “I am excited that I have started a new journey in my life here at MPCGA and look…
Media Inquiries
…guaranty funds please visit https://www.nolhga.com. For media inquiries about the property/casualty guaranty fund system, please fill out this form. Your Name (required) Your Email (required) Subject (required) Your Message (required)…