Organizations Filed Purposes:
Pursuant to ORS 734.770, the purpose of the Oregon Life and Health Insurance Guaranty Association is to protect policyholders against the failure in the performance of contractual obligations under life, health and annuity policies because of the impairment or insolvency of the insurer that issued their policy.
To provide protection to Oregon resident policyholders and their beneficiaries in the event of the insolvency of the insurance company that issued their life, health, or annuity insurance policy.
The Oregon Life and Health Insurance Guaranty Association's purpose is to provide protection to Oregon resident policyholders and their beneficiaries in the event of the failure of the insurance company that issued their life, health or annuity insurance policy. This activity is the Association's only program service and constitutes 100% of the Association's time. In 2020 the Association provided policyholder benefits to Oregon resident insureds of five insolvent insurers. The Association also provided support to insurance company receivers, former insureds, etc., of 11 open insolvency estates and many closed estates.
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 |
|---|
| Candie Kinch | Executive Director | 20 | $96,000 |
| Nancy Hill | Secretary/Treasurer of the Board of Directors | 1 | $0 |
| Justin Delaney | Chairman of the Board of Directors | 1 | $0 |
| Standard Insurance Company | Director | 0.25 | $0 |
| United Heritage Life Insurance Company | Director | 0.25 | $0 |
| State Farm Life Insurance Company | Director | 0.25 | $0 |
| Prudential Insurance Company Of America | Director | 0.25 | $0 |
| Pacific Life Insurance Company | Director | 0.25 | $0 |
| Lifemap Assurance Company | Director | 0.25 | $0 |
| Farmers New World Life Insurance Company | Director | 0.25 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202130779349300638_public.xml