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…
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Kopp Named New Executive Director of Missouri Insurance Guaranty Associations
…under their respective statutes. One association is responsible for insurance company insolvencies among the member life and health insurance companies, and the other association is responsible for insolvencies occurring among…
NCIGF CEO ELECTED CHAIR OF GLOBAL POLICYHOLDER PROTECTION GROUP
…insolvent insurer. An international platform will elevate the U.S. guaranty system’s value to domestic solvency regulators, according to Schmelzer. “This is timely because the NAIC is undertaking its own initiatives…
NCIGF Assessment Liability Report Updated through 2Q 2020
…The assessment information is located on the NCIGF website under the Industry tab and the drop-down menu titled “Assessment Liability Information”. Historical P&C guaranty fund assessment reports are also included….
Guaranty Fund Assessment Liability Information
…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….
NCIGF Releases 4th Quarter Assessment Liability Report
…estimating their P&C guaranty fund assessment liabilities. Also included is a “5-year History of Assessments.” More information about Guaranty Fund Assessment info can be found on the Assessment Liability Page….
Louisiana Now Twelfth State to Amend Large Deductible Liquidation Act
…policyholder obligation to repay is secured by collateral furnished by that policyholder. Confusion often ensues if the insurance company goes into liquidation and an insurance guaranty fund assumes the obligations…
NCIGF Submits Comment on OK Business Restructuring Transaction
…the Arizona Insurance Department also filed comments in the matter. The transaction is representative of a trend in several states which have adopted statutes permitting division or transfer of blocks…