Texas Property and Casualty Insurance Guaranty Association explained

Texas Property and Casualty Insurance Guaranty Association
Founder:	62nd Texas Legislature
Vat Id:	(for European organizations) -->
Headquarters:	9120 Burnet Road Austin, TX 78758
Coords:	30.3756°N -97.7272°W
Owners:	-->

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 North Burnet–Gateway, Austin.^[2]

History

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

Purpose and scope

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]

External links

• Official site

Notes and References

1. Web site: If My Insurance Company Fails . . April 2014 . 2015-09-24 .
2. Web site: FAQS . TPCIGA . 2015-09-24 .
3. Web site: About Us . TPCIGA . 2015-09-24 .
4. The Texas Property and Casualty Insurance Guaranty Association . Headnotes . July 2014 . Gregory . Joe . Villa . Chris . . 39 . 7 . 11 . 1057-0144 . 2015-09-24 .
5. Alwin . Lawrence F. . An Audit Report on Management Controls of the Texas Property and Casualty Insurance Guaranty Association . PDF . Report No. 95-136 . http://www.sao.state.tx.us/reports/report.aspx?reportnumber=95-136 . June 1995 .