The Florida Insurance Guaranty Association, created by legislation, handles the claims of insolvent property and casualty insurance companies.

Pursuant to the Florida Insurance Guaranty Association Act, we have a duty to settle claims in accordance with the Act, the policy and Florida insurance laws, in a timely manner.

The Florida Insurance Guaranty Association follows the requirements of Florida insurance law in its handling of covered claims from insolvent property and casualty insurance companies ordered liquidated by a court of competent jurisdiction.

About Us
The Florida Insurance Guaranty Association establishes and maintains a service-oriented operation for processing covered claims of insolvent members. FIGA is a nonprofit corporation created by the Florida Legislature in 1970. FIGA services pending claims by or against Florida policyholders of member insurance companies which become insolvent and are ordered liquidated.

FIGA’s membership is composed of all Florida licensed direct writers of property or casualty insurance.  Property and casualty insurers with a certificate of authority issued by the Florida Office of Insurance Regulation (OIR) are members of FIGA.  In the event of insolvency, member company claims for covered lines of business are eligible for FIGA coverage.  Surplus lines insurers are not member companies and are not eligible for FIGA coverage.  FIGA membership can be determined using the company search function on the OIR website and confirming the company authorization type is “Certificate of Authority”.

OIR Company Search

FIGA’s personnel are trained and developed to deliver fast, fair and professional claim service. The operation is directed towards early recognition and payment of those covered claims which must be resolved to avoid hardship or financial difficulties to the insureds or claimants involved. The Association requires that its independent claim service contractors and defense attorneys provide this same quality and level of service. “How Florida’s Insurance Safety Net Protects Consumers”