Organizations Filed Purposes:
Provide financial benefits for claims submitted by Hawaii residents who are policyholders and beneficiaries of contracts issued by insolvent insurance companies licensed to be business in Hawaii under life, accident, health, disability, long-term care, or sickness insurance policies and annuity contracts.
The Hawaii Life and Disability Insurance Guaranty Association (HLDIGA) is a statutory nonprofit legal entity created in 1987 under HRS 431:16-206 by the Hawaii legislature enacting the Hawaii Life and Disability Insurance Guaranty Association Act ("Act"). The purpose of HLDIGA is to provide financial benefits for claims submitted by Hawaii residents who are policyholders and beneficiaries of contracts issued by insolvent insurance companies licensed to be business in Hawaii under life, accident, health, disability, long-term care, or sickness insurance policies and annuity contracts subject to the terms and conditions of the Act.
The Association pays claims to policyholders and beneficiaries for contractual benefits otherwise payable by the insolvent insurance company through Third-Party Administrators or otherwise provides coverage. Administrative overhead expenses, including accounting and legal fees, are also paid.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Matt Hargrafen Director | Athene Annuity & Life Co. | 3 | $0 |
| Germaine Marks Director | Prudential Ins. Co. of Ame | 3 | $0 |
| Joy Higa Director | UnitedHealthCare Ins. Co. | 3 | $0 |
| Deborah Cowan Director | New York Life Ins. Co. | 3 | $0 |
| Mary Barney Director | Genworth Life & Annuity In | 3 | $0 |
| Rosa Iturbides Secretary | AXA Equitable Life Ins. Co | 3 | $0 |
| Kyle Sakado Treasurer | Royal State National Ins. | 3 | $0 |
| Wayne Tanaka Vice Chairperson | Massachusetts Mutual Life | 3 | $0 |
| Margolee P Lee Chairperson | Pacific Guardian Life Ins. | 10 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202131329349304973_public.xml