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Remaining Ready: Preparedness is the Key to Effective Insolvency Management by the Property and Casualty Guaranty Fund System
…a matter of public policy. Relief was intended for insolvencies of companies that, at that time, wrote mostly personal line policies in single states. Insolvencies of these companies tended to…
Protect the Integrity Of State Guaranty Funds
…coming from the usual places. This one originates on Capitol Hill and from state capitals, with the prospect of fundamentally transforming every aspect of p-c insurance – including the state…
Merced Property & Casualty Company: A Deeper Dive (continued story from the 2019 Fall Workshop)
…cash value for all of those items. Then, when the consumer actually goes out and purchases those items, they provide proof, and only then can they be paid the difference….
Frequently Asked Questions
…this consumer protection system established by the states is passed on to the public either in the form of increases in the cost of insurance policies, surcharges on policies or…
Recievers Who Signed
…Midland Yes NYLB 13676 Cosmopolitan Mutual Yes NYLB 18341 Inscorp Yes NYLB 19909 Centennial Insurance Company Yes NYLB 15466 Realm Yes NYLB 15741 United Community Yes NYLB 14230 Ideal Mutual…
New Year, New Faces
…of Insurance, Securities and Banking Health Insurance and Managed Care (B) Committee Chair: Jessica Altman, Commissioner, Pennsylvania Insurance Department Vice Chair: Lori K. Wing-Heier, Director, Alaska Department of Commerce, Community and Economic…
Public Policy and Legislation
…of Insurance Oversight and What it Means for the GF System Federal & International Insurance Issues – Their Potential Impact on State – Based GF, the Policyholders they Protect &…