Panel Affirms NCIGA Had Right To Seek Reimbursement Of Policy’s Deductible Amount

Mealey's (November 6, 2019, 2:31 PM EST) -- RALEIGH, N.C. — The North Carolina Insurance Guaranty Association (NCIGA) had statutory authority “to step into the shoes” of an insolvent insurer and be subrogated to seek reimbursement from a regional worker staffing company regarding a policy’s deductible amount, a North Carolina appeals panel ruled Nov. 5 (North Carolina Insurance Guaranty Association v. Weathersfield Management, LLC, No. COA19-300, N.C. App., 2019 N.C. App. LEXIS 883)....