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Remaining Ready: Preparedness is the Key to Effective Insolvency Management by the Property and Casualty Guaranty Fund System
…fund staff is also essential because often, the last few, usually older, claims are the most complex and offer the highest potential for litigation. In addition to supporting ongoing claim…
Protect the Integrity Of State Guaranty Funds
…provision requiring carriers that write auto insurance in Florida – but homeowners elsewhere – to also write homeowners policies in Florida. (The attorney general of Mississippi later suggested the same…
Merced Property & Casualty Company: A Deeper Dive (continued story from the 2019 Fall Workshop)
…checks for those folks, allowing the coverage gap to be minimal, almost nonexistent. Robin: You mentioned specifically some creative solutions in regard to claim caps, tell me more about that….
Frequently Asked Questions
…purchase new coverage through another company. How many guaranty funds are there? Every state has a guaranty fund set up to pay property and casualty insurance claims. Several states also…
Recievers Who Signed
…Yes FLLIQ 23256 United Southern Assurance Yes FLLIQ 33545 Seminole Cas Ins Company Yes FLLIQ 12566 Commercial Ins Alliance Recip Ins Company Yes FLLIQ 10151 Southern Eagle Insurance Company Yes…
New Year, New Faces
…Commissioner, Arkansas Insurance Department Financial Condition (E) Committee Chair: David Altmaier, Commissioner, Florida Office of Insurance Regulation Vice Chair: Tom Glause, Commissioner, Wyoming Insurance Department Financial Regulation Standards and Accreditation (F) Committee…
Public Policy and Legislation
…P&C Guaranty Funds: How the National System Works Today and the Potential Impact of a Fluid Global Regulatory Environment Policyholder Protection in an Age of “Regulatory Fury”: The Double-Barreled Expansion…