CHAPTER 175D. MASSACHUSETTS INSURERS INSOLVENCY FUND  


SECTION 1. Definitions
SECTION 2. Application of chapter
SECTION 3. Massachusetts Insurers Insolvency Fund
SECTION 4. Board of directors
SECTION 5. Powers and duties of Fund
SECTION 6. Plan of operation
SECTION 7. Powers and duties of commissioner
SECTION 8. Recovery of claims from Fund; assignment of policy rights; cooperation; liability of insolvent insurer's receiver, et al.; settlements; periodic statements and estimates of claims
SECTION 9. Exhaustion of policy insolvency provisions on covered claims; reduction of recovery on policy from amount payable under this chapter; multiple funds
SECTION 10. Examination and regulation by commissioner
SECTION 11. Exemption from fees and taxes
SECTION 12. Return of excess assets to insurers in proportion to contributions to Fund
SECTION 13. Rates and premiums for policies to which this chapter applies; sufficiency to recoup amounts paid to Fund
SECTION 14. Liability for reports or recommendations by Fund
SECTION 15. Stay of pending court proceedings involving insolvent insurer as party; defense by Fund
SECTION 16. Termination of Fund by order of commissioner; federal statutory plan on insurer insolvency; distribution of assets
SECTION 17. High net worth insureds; payment of claims; financial information