CLHIGAConnecticut Life and Health Insurance Guaranty Association
CLHIGACalifornia Life and Health Insurance Guaranty Association
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However, as the liquidation estate's insurance claims developed in December and early 2017, it became increasingly likely that there would be an unpaid remainder due to CLHIGA , which would block any payment to lower-priority claimants unless litigation against the federal government was successful.
The Juris Capital transaction is being pursued because, under the circumstances, it offers the best option to reduce the existing litigation risk, freeing up at least some funds for both CLHIGA and broker claims.