TITLE
"The Role of State Guaranty Funds in the Property Casualty
Insurance Industry," Journal
of Insurance Issues, Fred B. Power, E. Warren
Shows, and Richard L. Meyer. July 1991, Vol. XIV, No. 2, pp. 51-72.
ABSTRACT
The purpose of this paper is to examine the financial operations of the state guaranty
associations in the property/casualty field to assess their adequacy to meet future
insolvencies. The extraordinary insurer insolvencies in the last half of the 1 980s
receive special attention. Proposals for reform are examined to determine their effects
upon overall capacity.
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