Texas Property and Casualty Insurance Guaranty Association

Last updated
Texas Property and Casualty Insurance Guaranty Association
Formation1971 (1971)
Founder 62nd Texas Legislature
Headquarters8911 North Capital of Texas Hwy, Bldg 2, Suite 2200
Austin, TX 78759
Website tpciga.org

The Texas Property and Casualty Insurance Guaranty Association (TPCIGA) is the state-designated insurance guaranty association for property insurance and casualty insurance claims in Texas, United States. [1] It is headquartered in Austin. [2]

Contents

History

The TPCIGA was formed by the 62nd Texas Legislature. [3] [4]

Purpose and scope

We are an insurance safety net and partner in the insolvency system, fairly serving the people of Texas in an efficient and cost-effective way.

TPCIGA,Mission statement

According to the Texas State Auditor's Office, the "Association's purpose is to pay, fairly and in a timely manner, valid insurance claims involving insolvent property and casualty insurance companies, according to Texas laws". [5]

TPCIGA's designation includes commercial property insurance, home insurance, liability insurance, renters' insurance, vehicle insurance, and workers' compensation. [1]

References

  1. 1 2 "If My Insurance Company Fails". Texas Department of Insurance. April 2014. Retrieved 2015-09-24.
  2. ↑ "FAQS". TPCIGA. Retrieved 2015-09-24.
  3. ↑ "About Us". TPCIGA. Retrieved 2015-09-24.
  4. ↑ Gregory, Joe; Villa, Chris (July 2014). "The Texas Property and Casualty Insurance Guaranty Association". Headnotes. 39 (7). Dallas Bar Association: 11. ISSN   1057-0144 . Retrieved 2015-09-24.
  5. ↑ Alwin, Lawrence F. (June 1995). An Audit Report on Management Controls of the Texas Property and Casualty Insurance Guaranty Association (PDF). Report No. 95-136.
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