Business Details
34 Years
experience
Protecting Policyholders in Washington, DC
Established in 1992 under the District of Columbia Guaranty Association Act, our organization serves as a statutory safeguard for local policyholders. We specialize in providing critical protection when licensed insurers become insolvent, ensuring continuity of life, health, and annuity policies up to statutory limits. Our operations are governed by DC law and executed under court supervision through special deputy receiverships. We maintain strict adherence to legal frameworks while offering transparent information about coverage limitations and policy obligations. Our team works collaboratively with member insurers and regulatory bodies to uphold financial stability in the insurance market.We prioritize clear communication through our website resources and direct contact channels. Our leadership structure includes representatives from major insurance companies, ensuring balanced governance. We maintain detailed records of historical insolvencies and provide accessible documentation for policyholder reference. Our commitment to statutory compliance is unwavering, while our focus remains on protecting District residents during financial crises affecting their insurers.
Services
Insurance Protection
Policyholder Support
Insolvency Management
Legal Compliance
Document Access
Details
- Year established: 1992
Highlights and features
- We provide statutory protection for DC policyholders when insurers become insolvent
- Our operations follow court-supervised receivership procedures for legal compliance
- We maintain historical records of all insurance company insolvencies affecting DC residents
- Our governance includes representation from major insurance companies
- We offer direct contact channels for policyholder inquiries and documentation requests
Services
Insurance Protection
We provide statutory protection for life, health, and annuity policies when licensed insurers become insolvent. Our coverage operates under DC law limits, ensuring policy continuity for residents. Court-supervised receiverships manage the transition process while maintaining legal compliance.
Policyholder Support
Our team offers direct assistance to policyholders affected by insurer insolvencies. We provide information about coverage limits, policy obligations, and documentation requirements through multiple communication channels. Support continues throughout the receivership process.
Insolvency Management
We coordinate court-ordered receiverships for insolvent insurers operating in DC. This includes processing assets and liabilities while maintaining policyholder protections. Our procedures follow statutory guidelines for consistent, transparent operations.
Legal Compliance
Our operations strictly follow DC Guaranty Association Act requirements. We maintain updated records of legal changes and ensure all actions align with current statutes. Policy interpretations reflect both statutory language and court directives.
Document Access
We maintain comprehensive records of historical insurance company insolvencies affecting DC residents. Documents include receivership details, coverage determinations, and policyholder communications. Most materials are available through our website or upon direct request.
People
Beth Hoffman
Executive Director
Beth Hoffman leads our organization as Executive Director, overseeing daily operations and strategic direction. With extensive experience in insurance regulation, she ensures compliance with statutory requirements while maintaining effective policyholder protections.
Mary Sisson
Assessment Inquiries Contact
Mary Sisson manages assessment inquiries and financial communications for our association. She provides expert guidance on funding requirements and insurer obligations, maintaining transparent processes for member companies and regulatory partners.
Questions
What is the District of Columbia Life & Health Insurance Guaranty Association?
We are a statutory entity created in 1992 to protect DC residents' life, health, and annuity policies when licensed insurers become insolvent.
How does the guaranty association protect policyholders?
We provide coverage up to statutory limits through court-supervised receiverships when insurers fail, ensuring policy continuity for DC residents.
What types of insurance does the association cover?
We cover life insurance, accident and health insurance, and individual annuities issued by licensed insurers in the District of Columbia.
How can I check if my insurer is covered?
Review our insolvency records or contact us directly with your insurer's name for specific information about coverage activation.
What are the association's funding sources?
We receive assessment funds from member insurers as required by DC law to fulfill our statutory obligations.
