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I had a settlement agreement with the insurance company before it was liquidated. Will that agreement be honored by the Guaranty Association?

The state law which empowers the Oklahoma Property and Casualty Insurance Guaranty Association to pay covered claims under certain policies also specifies certain caps and exclusions. While the Association has the right to review and contest settlements, releases, compromises, waivers and judgments entered prior to the liquidation, we will consider documented acceptance pre-liquidation of settlement offers that were not paid prior to the liquidation.



faq | by Dr. Radut