Does guaranty fund coverage exist for surety claims?
A. The Liquidator believes that guaranty coverage is available for some claims in four states where Connecticut Surety wrote business. If the Liquidator determines that a state guaranty fund or similar organization covers a claim or any part thereof, the Liquidator will provide the affected guaranty fund or similar organization with a copy of the applicable Proof of Claim(s) and notify the claimant(s). Claimants, must, however, complete and timely submit a Proof of Claim form to the Liquidator in order to pursue their claim. If you have a question about whether you have a claim covered by a guaranty fund or similar organization, you may want to contact the local guaranty fund in your state. The Liquidator believes there may be limited coverage for claims under surety bonds issued to obligees in Arkansas, Kentucky, Maryland and New York. For information on contacting those guaranty funds or similar organizations, please see State Guaranty Fund Information on this website. Q. What was th
