GEORGIA INSURERS INSOLVENCY POOL
3700 CRESTWOOD PARKWAY STE 400, DULUTH, GA 30096

Total Revenue
$41,401,466
Total Expenses
$13,631,465
Net Assets
$148,142,947

Organizations Filed Purposes: TO PROTECT GEORGIA RESIDENT POLICYHOLDERS AND CLAIMANTS AGAINST FALURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE INSOLVENCY OF AN AUTHORIZED INSURANCE COMPANY.

THE POOL WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF INSOLVENT INSURERS IN ACCORDANCE WITH OCGA 33-36-1 ET SQ.

THE PERSONS BENEFITED BY THE POOL WERE GEORGIA RESIDENT POLICYHOLDERS AND CLAIMANTS OF INSOLVENT PROPERTY AND CASUALTY INSURANCE COMPANIES. WHEN AN ADMITTED INSURER IS DECLARED INSOLVENT AND ORDERED INTO LIQUIDATION, THE POOL IS REQUIRED TO FULFILL CERTAIN OF THE CONTRACTUAL OBLIGIATIONS OF THAT COMPANY IN ORDER TO PROTECT GEORGIA RESIDENTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Cheri SvehlaDIRECTOR0.1$0
Edward Lybrook SrDIRECTOR0.1$0
Raymond WaughDIRECTOR0.1$0
Gary WillisDIRECTOR0.1$0
Nicholas BossSECRETARY/TREASURER0.1$0
Scott McdonoughVICE-CHAIR0.1$0
Jacqueline M SchaendorfCHAIRMAN0.1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013169349302531_public.xml