Every year, a number of insurers go into receivership, and state guaranty funds take them over and pay claims for pennies on the dollar. (Photo: Shutterstock)
This month I will be a panelist at a National Conference of Insurance Guaranty Funds Workshop in Ft. Lauderdale, Fla. I spoke once about guaranty funds about 25 years ago, but other than a brief mention in my textbooks, I'm no expert.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
