Michigan Announces New Executive Director
…1969 to protect the public against financial losses to Michigan policyholders and claimants as a result of insurance company insolvencies. MPCGA is not a state agency. It pays certain claims…
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Recent Insolvency Activity Indicates Guaranty Funds Provide Extensive Coverage on Commercial Line Claims
…above. Although Reliance, Aries and American Superior each presented personal lines exposure, these insolvencies together with the others probably don’t present a mix of business that is representative of the…
Louisiana Now Twelfth State to Amend Large Deductible Liquidation Act
…of the new law available https://www.ncigf.org/industry/public-policy-and-legislation/.) The other states that have adopted similar statutory changes are California, Pennsylvania, Illinois, Indiana, Michigan, Texas, New Jersey, Utah, Florida, Missouri, and West Virginia….
2022 IT Summit Highlights
…small guaranty fund.” “The connections made were invaluable.” “Long live Chad jokes.” The 2022 IT Summit was hosted in the city of live music Nashville, Tennessee, on June 30th and…
Remaining Ready: Preparedness is the Key to Effective Insolvency Management by the Property and Casualty Guaranty Fund System
…policyholders and claimants. Guaranty funds continue to develop the electronic systems and legal and operational structures to enable them to deliver protections in a changing insurance world. Human and financial…
Capital Market Investment Opportunities in Insurance Insolvency And Their Impact on Consumers
…(Christopher Flowers of J.C. Flowers & Company, New York Insurance Superintendent Eric Dinallo and Forrest Krutter of Berkshire Hathaway) examined some of the issues and opportunities for investing in troubled…
NCIGF Weighs in on Reinsurance Collateral Proposals
…of reinsurance collections has a direct bearing on how much insolvencies ultimately cost the public,” wrote Barbara Cox, NCIGF’s vice president Legal & Regulatory Affairs. “For this reason, we are…
2023 NCIGF Annual Conference Highlights
…Gates Marchman on behalf of her late husband, Steve. Barry Miller emceed day two of the conference which was kicked off by on intimate interview with NAIC President, Chlora Lindley-Myers…