Organizations Filed Purposes:
LIGA IS AN ORGANIZATION CREATED BY THE INSURANCE GUARANTY ACT (LA. R.S. 1375-1394) TO PAY FOR THE CLAIMS OF INSOLVENT MEMBER INSURANCE COMPANIES. FUNDS ARE PROVIDED FOR THE PAYMENT OF THE CLAIMS BY THE ASSESSMENT OF THE REMAINING MEMBER INSURANCE COMPANIES. ALL ADMITTED INSURANCE COMPANIES DOING BUSINESS IN LOUISIANA ARE REQUIRED TO BE MEMBERS OF THE ASSOCIATION (EXCLUDING CERTAIN LINES OF BUSINESS EXCLUDED BY STATUTE).
LIGA SERVES AS A SAFETY NET FOR LOUISIANA INSURANCE POLICYHOLDERS. IN 2019 LIGA PAID APPROXIMATELY $7.9 MILLION TO POLICYHOLDERS AND THIRD PARTY CLAIMANTS.
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 |
|---|
| John Wells | LIGA DIRECTOR | 40 | $175,450 |
| Deidre Arceneaux | CLAIMS MANAGER | 40 | $115,885 |
| Stephen Schrempp | SECRETARY | 1 | $0 |
| Cindy Betz | DIRECTOR | 1 | $0 |
| Noel J Bunol Iv | DIRECTOR | 1 | $0 |
| William D Hughes Iii | DIRECTOR | 1 | $0 |
| Michael T Gray | BD CHARIMAN | 1 | $0 |
| Markham R Mcknight | BD TREASURER | 1 | $0 |
| Tom Mccormick | DIRECTOR | 1 | $0 |
| Denis Husers | DIRECTOR | 1 | $0 |
| John Hawie | DIRECTOR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043089349301549_public.xml