Guaranty Association Seeks Net Worth Of Company Insured By Now-Insolvent Insurer

( November 10, 2025, 12:09 PM EST) -- NASHVILLE, Tenn. — The Tennessee Insurance Guaranty Association (TIGA) filed a declaratory judgment complaint in a Tennessee state court, seeking a judicial determination regarding the net worth of a company formerly insured by a now-insolvent insurer, arguing that TIGA is statutorily entitled to recover money paid on behalf of an insured whose obligations were satisfied by TIGA’s payments and whose net worth exceeded $25 million at the end of the year before the insurer’s insolvency....