NCIGF 2022 Fall Workshop Highlights
…the membership on all things NCIGF via his President’s Report. And the educational portion of the day was concluded by all attendees participating in a tabletop exercise, breaking into small…
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NCIGF Continues to Represent U.S. Guaranty System Worldwide
…resolution is a critical element of policyholder protection We engage in these international processes because the concept of insurance resolution is evolving around the world. NCIGF and NOLHGA have been…
Backgrounder
…when a property and casualty insurance company becomes financially troubled and fails? What happens to policyholders who draw on coverage written by an insolvent company? The good news is they…
Business Continuity/Disaster Recovery
…cold. Hot means you can flick a switch and be up and running at the offsite facility in seconds. Warm means you can be up and running in minutes/hours. Cold…
UDS 3.0 – JSON Based Layout
…for this data to go. The structure also has the unintended consequence of making UDS files virtually impossible to read and understand without a program to parse them for you….
Insolvencies. . . An Overview
…it is important that you carefully read all information you receive and follow the instructions you are provided. If in doubt, you should contact your state guaranty fund. Q: Can…
Pre-Liquidation Planning
…here to facilitate early discussions when companies are headed towards insolvency. Readiness Strategy Beyond the initial company information needed for estate management (see checklists here and here), preventing interruption of…
Public Policy and Legislation
…Oklahoma IBT Statute Illinois Division Statute Iowa Division Statute Pennsylvania Division Statute Rhode Island Run Off Statute Connecticut Division Statute Michigan Division Statute Vermont LIMA Statute State Legislative Agenda State…
The Fruits of Cooperation: Joint Receivership, Guaranty Funds Effort Set To Streamline Insolvency-related Financial Reporting
…Group Sometimes it seems that a world of difference divides the receivership and guaranty fund communities. Look a little closer, though, and you’ll see these two groups often share a…
On the Horizon: Treasury Department Offers Blueprint for Modernization of Financial Regulation
…state would be required to be members of the state’s property and casualty insurance guaranty association, just as they are today. In this way, the assessment base and capacity for…