The new head of the National Conference of Insurance Guaranty Funds, said after taking on the job he discovered that insurers have a knowledge gap about his operation.

Roger Schmelzer, president and chief executive officer of the non-profit NCIGF that supports property and casualty insurance guaranty funds in the various states, said during an interview yesterday that when he became president last year he reached out to insurers to find out what they knew about guaranty funds.

They confessed not knowing much and then they would go to look up their fund assessment, Mr. Schmelzer related.

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