…reasons, the existing insurance guaranty system is able to enjoy the operational efficiencies of a national system, while effectively responding to the often-local concerns of insurance consumers experiencing financial and…
Please find your state in the table below, and state-specific information will be provided. *All 50 states and the District of Columbia are included. StateGuaranty FundsDepartment of Insurance Alabama Alabama…
…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…
StateStatuteSummaryLast Update ALABAMA Complete Statute Summary 2/1/2024 ALASKA Complete Statute Plan of Operation Summary 2/1/2024 ARIZONA Complete Statute Complete Statute Thru 7/1/2015 Summary 2/1/2024 ARKANSAS Complete Statute Summary 2/1/2024 CALIFORNIA…
…in the first instance – however the insurance company always has the ultimate responsibility to pay the claim.) These mechanisms allow the policyholder to save on premium and at the…
…casualty claims in general, but especially so with the involvement of asbestos and environmental claims and natural disasters. Flowers went on to explain additional uncertainty is found where key assumptions…
…and recently vetoed by the governor. Illinois: Division statute enacted in 2018. Iowa: “Study” bill floated in 2018. Oklahoma: Division statute enacted May 2018. Michigan: Enacted in late 2018 Nebraska:…
…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…
…Virginia State Corporation Commission Bureau of Insurance Market Regulation and Consumer Affairs (D) Committee Chair: Chlora Lindley-Myers, Director, Missouri Department of Insurance, Financial Institutions and Professional Registration Vice Chair: Allen W. Kerr,…
The 2019 NCIGF Annual Conference was held in May at the historical and centrally located Intercontinental Chicago. The hotel, situated along the famous Magnificent Mile, was a great spot for…