Which organization is responsible for overseeing paid claims from admitted insolvent insurers?

The organization responsible for overseeing paid claims from admitted insolvent insurers is the Insurance Guaranty Association. This association is designed to protect policyholders in the event that an insurance company becomes insolvent and cannot fulfill its financial obligations. When an admitted insurer fails, the Insurance Guaranty Association steps in to ensure that claims are paid up to the statutory limits set by state law. This helps maintain public confidence in the insurance system by ensuring that policyholders are not left without coverage in times of need, despite their insurer's financial difficulties.

The other organizations listed have different roles. The Insurance Fraud Bureau focuses on investigating and preventing insurance fraud, the Consumer Financial Protection Bureau deals with consumer protection in financial products and services, and the National Association of Insurance Commissioners serves as an organization for state insurance regulators to coordinate and develop best practices but does not handle claims related to insolvency directly.