Best Medical Malpractice & Negligence Lawyers in Pine Hills, FL

When an insurance company becomes financially insolvent, policyholders understandably will have a lot of questions. Whether you are still insured for future insurance claims and what will happen to your open claims certainly jumps to mind. Luckily, Florida law has set procedures in place to ensure that policyholders remain protected. Where To Turn If you have an open claim when your insurer becomes insolvent, you will undoubtedly look towards the Florida Insurance Guaranty Association, or FIGA, for help. FIGA is a statutorily created organization that is tasked with resolving open insurance claims when an insurance carrier becomes insolvent. FIGA will step into the shoes of your insurance company to adjust your claim as your insurance company would otherwise be required to do. They will investigate damages, make coverage determinations, and issue payments for covered losses even if your original carrier is not financially capable to do so.