An involuntary insurance program (state guaranty fund, in this case) collects contributions from voluntary market insurers to cover its losses. These contributions are called "assessment." It usually refers to assessing the insurer's voluntary market share in order to determine its due contribution.
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An involuntary insurance program (state guaranty fund, in this case) collects contributions from voluntary market insurers to cover its losses. These contributions are called "assessment." It usually refers to assessing the insurer's voluntary market share in order to determine its due contribution.