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The National Conference of
Insurance Guaranty Funds
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Indianapolis, IN 46204
tel: 317.464.8199
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Connecticut Insurance Guaranty Association
Assessment Liability Reporting

Paul Gulko, President
Guaranty Fund Management Services

  Assessments Authorized for 2007: See Attached
 
  ACCOUNTS
  Auto Workers' Comp Other
Lines Covered 19.1, 19.2, 19.3, 19.4, 21.1, 21.2 16 and excess in 33 1, 2.1, 3, 4, 5.1, 5.2, 9, 11, 12, 17, 18, 22, 25, 26, 27, some 33
2006 Net Assessable Premium $ 2,747,044,896 $ 722,210,508 $  2,599,210,818
Maximum Assessment (2%) $ 54,940,898 $ 14,444,210 $ 51,984,216

Assessment Recoupment Provision - Premium Tax Offset (5 years)

Assessment Procedures - Assessment base year is year prior to year of assessment.  In the case of a withdrawn insurer, the average of its net direct written premium for the five calendar years prior to expiration or termination of its license, whether or not the insurer has net direct written premium in the year preceding such expiration or termination, shall be used as its assessment base for any year following such expiration or termination in which the insurer has no direct written premium. 

Assess by insolvency by account.

last updated 11/08/2007

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