Insurer Failures: Differences in Property/Casualty Guaranty Fund Protection and Funding Limitations
GGD-92-55BR
Published: Mar 12, 1992. Publicly Released: Apr 15, 1992.
Skip to Highlights
Highlights
Pursuant to a congressional request, GAO provided information on state/property casualty guaranty funds, focusing on: (1) the differences in guaranty fund protection among the states; (2) current or potential problems such funds may encounter in paying insolvent companies' claims; and (3) the statutory framework defining the guaranty fund system.
Full Report
Office of Public Affairs
Topics
Comparative analysisConsumer protectionInsurance claimsInsurance companiesInsurance lossesInsurance regulationState lawCompensationClaims paymentsCompensation claims