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Guaranty Fund Management Services, Inc. is a non-profit, corporation committed to providing management and claims supervisory services to its member associations and fund; to assist them in the discharge of their respective statutory responsibilities to handle promptly and efficiently covered claims against insolvent property and casualty insurers; to furnish related or compatible services to property and casualty insurers and insurer organizations. The member associations are: Connecticut Insurance Guaranty Association District of Columbia Insurance Guaranty Association Maine Insurance Guaranty Association Massachusetts Insurers Insolvency Fund New Hampshire Insurance Guaranty Association Rhode Island Property & Casualty Insurance Guaranty Association Vermont Property and Casualty Insurance Guaranty Association Virginia Property and Casualty Insurance Guaranty Association Guaranty Associations are created in every state by statute for the purpose of protecting policyholders in the event of the insolvency of their insurance carrier. Property and casualty insurers in each of our eight states are required to be members of the state guaranty associations as a condition of being license to sell property and casualty insurance. Guaranty associations obtain funds for their operations and payment of claims through the assessments against the solvent insurance companies licensed to do business in the state, and from the recovery of amounts paid on claims from the insolvent insurer...

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