…of Governors, appointed by the Director of the Department of Insurance and Financial Services (“DIFS”), oversees MPCGA. Additional information is available at http://www.mpcga.com/. Contact: Michigan Property and Casualty Guaranty Association…
…types of insurance such as personal lines, workers compensation and long- term care could be involved. This concept began to take shape many years ago when Rhode Island adopted Chapter…
…or written by risk retention groups and the like which are excluded from coverage under current law. The complete NCIGF policy position and related information may be viewed at https://www.ncigf.org/industry/public-policy-and-legislation/…
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…
…it should be if the claimant is not the insured. 2011-09-20 UDS B format B For the effective, expiration and cancellation date the default value 01/01/1901 works for 800 records…
…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…
…$7.9 billion between 2001 and 2005. This wave of insolvencies was so powerful because it didn’t come from the average personal- or small-business insurance consumer – for whom the system…
…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….
…work and are funded, see the accompanying Backgrounder and Q&A.) Schmelzer said the nation’s property and casualty guaranty funds system remains a strong and effective safety net that protects the…
…on how the U.S. property and casualty safety net works and the system’s place in state-based insurance regulation. It was an important presentation because most of the audience was not…