That sounds normal. I had insured my mat a day b4 std A was put under receivership. I'd to 're-insure' immediately with another solvent insurer. I'm now with GateWay. If you can't pay ur debts just declare urself bankrupt!

Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.

Anyone know who the receiver managers are for Invesco - I had a claim against me around 2001,paid the excess and handed over to Invesco - I hear they never paid the other party for damages - will the receiver managers square with the claimant ? Or will the other party start looking for me. Anyone?

The problem with equality is that we desire that it be with those that have more than us rather that those that have less

Caesar,the insurance cover,as am sure you are aware,merely provides the insured with an indemnity in case of an accident. The insured is still the liable party and in fact the insured would sued in her name and any amount found for is to be paid by the her. In most cases the insurance company will take over the conduct of the matter and instruct its own lawyers and when any amount is found for the plaintiff they pay.

If they refuse to pay then the plaintiff can either go after the insured or go to court for an order holding the insurance company liable for the judgement amount. Of course if the insurance company is no longer there then they the plaintiff shall go after the insured.

http://s4.gladiatus.com/game/c.php?uid=201640

The owner should not be liable if they had insurance. If they are why buy insurance in the same place.

An insurance company should only refuse to pay for liabilities not covered in the policy with clients.

If the insurance company fails the Re-insurance company should take the tab

You may have no idea how many businesses in Kenya have failed because of liabilities and lack of dependable insurance companies.

There are many enterprenuers in Kenya with great ideas. it is the systems we have inplace and lack of swift,visionary leadership to meet the needs of the people