How to check the financial health of defendant's insurer
| Author | David Frangiamore |
| Pages | 333-340 |
FINANCIAL HEALTH OF
DEFENDANT’S INSURER
5A-1
CHAPTER 5A
HOW TO CHECK THE FINANCIAL
HEALTH OF DEFENDANT’S INSURER
By Kevin M. Quinley, CPCU, AIC, ARM, Senior Vice President, Medmarc
Insurance Group, Chantilly, VA. and updated by David Frangiamore
§500A IN GENERAL
§505A THE PROBLEM OF THE GLOBAL ECONOMY AND THE
CONSOLIDATION OF FINANCIAL SERVICES FIRMS
§510A INSURER RATING SOURCES
§520A RATING RESOURCES
§530A IRIS TESTS
§540A A PRIMER ON INSURER INSOLVENCY
§550A WHAT TO DO WHEN WARNING SIGNALS FLASH
§560A HOW TO SECURE FUNDS BEFORE THE INSURER GOES INTO RECEIVERSHIP—
MAKE THE INSURER POST A BOND
KEY POINTS TO REMEMBER
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