Several pieces of state legislation have been enacted or proposed this year in regards to guaranty funds, reports the NCIGF.
Vermont is trying to clarify what happens to non-admitted closed blocks of commercial policies and reinsurance agreements since guaranty funds don't usually cover reinsurance and surplus claims, says the NCIGF.
We all know NCIGF is not a lobbying organization," he said.
In addition to the NCIGF board and three state guaranty fund boards, LaSalle is involved with a number of industry organizations, including the Colorado Defense Lawyers Association, and the Colorado Democratic Leadership Council.
and our member guaranty funds seek nothing less than the opportunity to provide an even higher level of service and protection to property/casualty insurance consumers.
Roger Schmelzer, NCIGF
president and chief executive, said there is a more concerted effort among state regulators to connect with one another's receivership issues.
would have clearly defined duties and responsibilities.
National Conference of Insurance Guaranty Funds, 1991, NCIGF
Special Report (Indianapolis: NCIGF
July 21-22 National Conference of Insurance Guaranty Funds: NCIGF
Legal Seminar, Marriott Marquis, New York.
National Conference of Insurance Guaranty Funds: NCIGF
Annual Meeting, Fairmont Copley Place, Boston.