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Protect the Integrity Of State Guaranty Funds
From the National Underwriter, Final Say By Roger H. Schmelzer Property and casualty insurers and the mechanisms that support their consumers face quite a storm these days, and it’s not…
Court Rules CIGA Not a “Primary Plan” Under the MSP
…to expressly apply to guaranty funds. Until then, this ruling is good law in the 9th Circuit and persuasive elsewhere. The application of the ruling to other guaranty funds requires…
NCIGF Makes Progress at NCOIL
NCIGF-advocated measures received favorable action during the National Conference of Insurance Legislators (NCOIL) meeting last week in Charleston, S.C. Language was approved making it an express requirement that the Commissioner…
NCIGF Reps Meet with Members of Congress
Recently, a number of NCIGF members, board members and staff took Capitol Hill by storm to do some updating on the state guaranty fund system. Meetings like these are critical,…
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…
Encrypted Phishing Email
…to get the message – very standard stuff. Looking at the link, it went to a microsoft.com domain that prompted you to enter your credentials. The good news is that…
Guaranty Funds Safeguard Consumers When Insurance Companies Fail
…or liability to third parties due to negligent acts. But what if your insurer gets into trouble and fails? What happens to your claim then? The good news is that…