PROPERTY/CASUALTY GUARANTY FUND NET ASSESSMENTS, 1978-2012 |
|
Year |
Net assessments (1) |
Year |
Net assessments (1) |
Pre-1978 |
$11,647,035 |
2003 |
$874,499,309 |
1978 |
139,349,343 |
2004 |
952,695,278 |
1980 |
17,771,834 |
2005 |
836,130,812 |
1985 |
292,417,521 |
2006 (3) |
1,344,487,899 |
1990 |
433,562,308 |
2007 |
943,164,094 |
1995 |
66,562,926 (2) |
2008 |
368,451,899 |
1999 |
179,283,004 |
2009 |
523,609,705 |
2000 |
306,444,534 |
2010 |
171,159,059 |
2001 |
712,776,721 |
2011 |
281,991,694 |
2002 |
1,184,153,880 |
2012 (4) |
311,694,359 |
|
|
Total, inception-2012 |
$15,215,761,488 |
(1) Assessments less refunds and abatements (cancellations of uncalled portions of assessments when funds on hand are sufficient to pay claims).
(2) Includes separate assessments for insolvencies due to Hurricane Andrew totaling $248,542,070 from 1993 to 1995.
(3) Includes New York and New York Workers Compensation after 2005.
(4) Includes Arizona Workers Compensation after 2011.
Source: National Conference of Insurance Guaranty Funds. |
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