56-12-121 - Insolvent insurer. - Tennessee Statutes

56-12-121. Insolvent insurer.

(a)  In no case shall a covered claim include any claim filed with the association, domiciliary receiver, ancillary receiver or liquidator, after the earlier of:

     (1)  Eighteen (18) months after the date of the order of liquidation; or

     (2)  The final date set by the court for the filing of claims against the liquidator or receiver of an insolvent insurer.

(b)  In no case shall a covered claim include any claim filed with the association, domiciliary, or ancillary receiver or a liquidator for protection afforded under the insured's policy for incurred-but-not-reported losses.

[Acts 1995, ch. 240, § 3; 1999, ch. 48, § 10.]