NCIGF continues to place a strong emphasis on succession planning. Dedicated sessions at the 2025 NCIGF Legal Seminar brought together industry leaders to share practical strategies for identifying, developing, and transitioning future leadership within guaranty associations.

Succession planning for executive leadership, in-house and outside counsel, and claims and litigation teams that handle high-exposure or precedent-setting matters were all discussion topics included in the seminar.

Panelists emphasized the importance of early planning, clearly defined roles, structured onboarding, and the maintenance of countinuity of institutional knowledge. The session also addressed key ethical considerations, including substitution of counsel and conflicts of representation.

Tom Jenkins shared a presentation highlighting the history of NCIGF and key lessons learned from some of the most complex past insolvencies. For members of the guaranty fund community who were not involved in those matters, this historical perspective underscored the importance of preserving institutional knowledge and ensuring the next generation can learn from past experiences.

Three multi-state insurer insolvencies were recorded in 2025, up from 2024, when only one occurred. NCIGF and its members remain committed to proactive planning to support effective responses in future insolvencies.

The 2025 insolvencies included a:

• Long-term run-off company with workers’ compensation and environmental claims.
• Private passenger auto insurer with policyholders in five states, the second auto insolvency during the year.

Pre-liquidation planning demonstrated meaningful value throughout the year. In one insolvency, early coordination helped accelerate the delivery of claims information to guaranty associations, strengthening policyholder protections and improving the efficiency of the transition process.

Technology, environmental shifts, and economic forces are reshaping insurance risks, with potential downstream implications for insolvencies and guaranty funds. NCIGF continues to monitor the evolving risk landscape and encourages members to share emerging issues early, strengthening the guaranty fund community’s knowledge and alignment.

Led by the Changing Marketplace Subcommittee, tools were developed to help members anticipate some emerging issues:

• • Wildfire utility-immunity legislation
  • A shift in the excess and surplus insurance market
  • Captives and how they are being used
  • A deeper understanding of farm mutuals
  • Statutes of limitations in child abuse cases

These resources provide members with practical insight into trends shaping the property and casualty landscape.

To ensure the state-based guaranty fund system remains understood at the national level, NCIGF organized a legislative “Fly-In” to Washington, D.C., in partnership with Faegre Drinker.

Members met with congressional staff from seven states to provide historical context on the insurance safety net and discuss current insolvency trends. As insurance issues increasingly move into the federal policy spotlight, these briefings are essential for maintaining NCIGF’s reputation as a trusted resource.

By establishing direct lines of communication, NCIGF ensures that federal lawmakers have expert points of contact when navigating complex insurance policy questions.

In late 2025, NCIGF enhanced its outreach capabilities by engaging a dedicated Content Manager to conduct a comprehensive audit of all communication channels, with a particular focus on our public website.

This initiative provides a fresh, outside perspective on how we tell the NCIGF story to the world.

The content team will continue to refine internal and external messaging and conduct high-level interviews with key stakeholders through out the beginning of 2026.

These insights will provide a holistic view of the organization’s standing within the industry, ensuring our communications remain clear, impactful, and aligned with the NCIGF member needs.