TITLE

Fiscal Fitness

PUB. DATE
November 2008
SOURCE
Best's Review;Nov2008 Guide to Understanding Insu, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the insolvency and bankruptcy in insurance companies in the U.S. It is stated that when the insurance company become insolvent, the consequences can be dire for policyholders with outstanding claims against a failed company. The regulatory response to an insurer's financial impairment is to place the company under supervision or take other action to conserve the assets.
ACCESSION #
35241507

 

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