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- ALM Media via Yahoo FinanceJan 17 2:52 AM
Derived from identical plants, vastly easier to cultivate, and profoundly more profitable, industrial hemp always lacked legalized marijuana's sizzle. While 42 respective state programs await ...
- Insurance Journal5 days ago
California worker’s compensation insurers and their customers are getting a bit of a break this year. The California Insurance Guarantee Association won’t ...
- The Petaluma Argus-Courier5 days ago
- Seattle Times1 day ago
- Insurance Journal5 days ago
The California Insurance Guarantee Association (also known as "CIGA") was created under California law to provide a limited fund for the payment of some, but not all, workers' compensation claims of injured workers within the coverage of policies issued by California admitted insurers that have been declared insolvent and ordered into ...
The California Insurance Guarantee Association (CIGA) is an organization created by the California Legislature in 1969 to pay claims of insolvent insurance carriers that are licensed to do business in the state of California.
Welcome to the California Life & Health Insurance Guarantee Association ("guarantee association") Web site. We hope you find this site helpful in providing information regarding the purpose of the guarantee association and how it protects resident policyholders in the event of an insurance company insolvency.
About Us. The California Life & Health Insurance Guarantee Association is a statutory entity created in 1991 when the California legislature enacted the California Life and Health Insurance Guarantee Association Act (see Additional Information for a copy of the Act).
The California Insurance Guarantee Association is only authorized by statute to pay “covered claims.” (California Insurance Code Section 1063.1). “CIGA is an insurer of last resort and does not assume responsibility for claims where there is any other insurance available.
Court of Appeal, Second District, Division 7, California. CALIFORNIA INSURANCE GUARANTEE ASSOCIATION, Petitioner, v. The SUPERIOR COURT of Los Angeles County, Respondent, Charles Quackenbush, as Insurance Commissioner of the State of California, Real Party in Interest.
California Insurance Guarantee Association: covered claims. Existing law creates the California Insurance Guarantee Association (CIGA) and requires all insurers admitted to transact specified insurance lines in this state to become members.
The commissioner shall promulgate a rule establishing the form and content of the disclaimer. The disclaimer shall do all of the following: (1) State the name and address of the life and health insurance guarantee association and insurance department.
Any claim filed by consumers with Access Insurance Company prior to March 13 will be transferred by the liquidator to the California Insurance Guarantee Association (CIGA) for payment so do not need to be refiled. Consumers with new claims can submit their claims directly to Access Insurance Company and those claims will be transferred to CIGA.