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UDS Changes and Corrections

…B The claimant name in the B record should not be left blank. If the claimant is the Insured then the insured name is entered in the field or whoever…

Company Restructuring Statutes Gain Steam in the States- NCIGF Adopts Policy Position

October 25, 2019October 25, 2019 Barbara Cox Leave a comment

…in the following states, including the following: Connecticut: Division statute enacted in 2017 Georgia: Division statute enacted in 2018. Illinois: Division statute enacted in 2018. Iowa: Division statute enacted in…

Michigan Announces New Executive Director

October 23, 2019October 23, 2019 Robin Webb Leave a comment

…insurance companies authorized to transact insurance in Michigan. Membership in MPCGA is a condition for doing business in the state of Michigan. MPCGA was created by the Michigan Legislature in…

Company Division Statutes Gain Steam in the States

February 19, 2019February 19, 2019 Barbara Cox Leave a comment

…Pa.C.S.A. § 361) though its application to insurance policyholders is unclear. In 2014, Vermont passed its Legacy Insurance Management Act (LIMA). According to the RunOff Re.Solve website (runoffresolve.com), LIMA allows…

Facts and Statistics

…offers coverage of covered claims, but not a “replacement policy.” A guaranty fund system also exists for the life, health and annuity insurance industry; but it operates independently from the…

The National Conference of Insurance Guaranty Funds: Supporting a system of policyholder protection

…of the property and casualty insurance industry, adding substantial value both to the insurance industry and for its customers. Want To Know More? For more information about the NCIGF and…

NCIGF Reps Meet with Members of Congress

March 22, 2019March 22, 2019 Roger Schmelzer Leave a comment

…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…