Massachusetts Insurers Insolvency Fund

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  2. Massachusetts General Laws
  3. Administration of the Government
  4. Corporations
  5. Massachusetts Insurers Insolvency Fund

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Section
1

Definitions

Section
2

Application of Chapter

Section
3

Massachusetts Insurers Insolvency Fund

Section
4

Board of Directors

Section
5

Powers and Duties of Fund

Section
6

Plan of Operation

Section
7

Powers and Duties of Commissioner

Section
8

Recovery of Claims From Fund; Assignment of Policy Rights; Cooperation; Liability of Insolvent Insurer's Receiver, Et al.; Settlements; Periodic Statements and Estimates of Claims

Section
9

Exhaustion of Policy Insolvency Provisions on Covered Claims; Reduction of Recovery on Policy From Amount Payable Under This Chapter; Multiple Funds

Section
10

Examination and Regulation by Commissioner

Section
11

Exemption From Fees and Taxes

Section
12

Return of Excess Assets to Insurers in Proportion to Contributions to Fund

Section
13

Rates and Premiums for Policies to Which This Chapter Applies; Sufficiency to Recoup Amounts Paid to Fund

Section
14

Liability for Reports or Recommendations by Fund

Section
15

Stay of Pending Court Proceedings Involving Insolvent Insurer as Party; Defense by Fund

Section
16

Termination of Fund by Order of Commissioner; Federal Statutory Plan on Insurer Insolvency; Distribution of Assets

Section
17

High Net Worth Insureds; Payment of Claims; Financial Information