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Amicus Library

Insolvency obligations
De La Fuente v. Florida Insurance Guaranty Association
Year: 2015
Court: Florida Supreme Court
Case Number: SC15-519/2D13-3543
Issue:
  • Covered claims
  • Insolvency obligations
State:
  • Florida

Under Florida law, when insurers become insolvent, the Florida Insurance Guaranty Association (“FIGA”) becomes legally obligated to pay covered claims. In cases where the policy is amended, either by the carrier or by legislative or FIGA directive, insurance money must be available when a policyholder…

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