|
The Liquidation Division manages the day-to-day
affairs of the insolvent insurance company estates and pre-paid funeral benefit
trusts. This Division acts on behalf of the Arkansas Insurance Commissioner,
who is the official Receiver.
Additionally, this Division administers the Arkansas Property and Casualty Guaranty Fund
(APCGF), which provides benefits to Arkansas
insureds and claimants of insolvent property and casualty insurance
companies.
Finally, the Liquidation Division administers the Arkansas
Life and Health Insurance Guaranty Association (ALHIGA), which
does for life and disability insureds and claimants of Arkansas what APCGF
does for property and casualty claimants and insureds.
Although the Liquidation Division performs certain functions on behalf of the
Arkansas Insurance Commissioner, individuals employed with this division are
not employed by the State of Arkansas and
are not considered state employees. Additionally, the Liquidation Division
does not receive any funding from the State of Arkansas.
Premiums to Mandatory
Property & Casualty Guaranty Fund Information Sheet
Home I Divisions | Site Map | Contact Us
|