Organizations Filed Purposes:
THE PURPOSE OF THE ASSOCIATION IS TO PROTECT RESIDENTS OF SOUTH DAKOTA, AND OTHERS UNDER CERTAIN CIRCUMSTANCES, AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS UNDER LIFE AND HEALTH INSURANCE POLICIES AND ANNUITY CONTRACTS BECAUSE OF THE IMPAIRMENT OR INSOLVENCY OF A MEMBER INSURER THAT ISSUED SUCH POLICIES OR CONTRACTS.
PROVIDE BENEFITS TO POLICY OWNERS OF ANNUITY, LIFE, ACCIDENT AND HEALTH, AND SUPPLEMENTAL POLICIES OR CONTRACTS OF IMPAIRED OR INSOLVENT INSURER MEMBERS.
THE SOUTH DAKOTA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION (THE "ASSOCIATION") WAS CREATED IN JULY 1989 AS A NON-PROFIT LEGAL ENTITY UNDER SDCL CHAPTER 58-29C OF THE SOUTH DAKOTA CODE. THE ASSOCIATION PERFORMS ITS FUNCTIONS UNDER A PLAN OF OPERATION ESTABLISHED AND APPROVED UNDER SDCL 58-29C-53 AND EXERCISES ITS POWERS THROUGH A BOARD OF DIRECTORS. THE ASSOCIATION CONSISTS OF MEMBER INSURERS THAT ARE AUTHORIZED TO TRANSACT LIFE, ANNUITY, OR ACCIDENT AND HEALTH INSURANCE IN THE STATE OF SOUTH DAKOTA. ALL MEMBER INSURERS SHALL BE AND REMAIN MEMBERS OF THE ASSOCIATION AS A CONDITION OF THE INSURERS' AUTHORITY TO TRANSACT INSURANCE IN SOUTH DAKOTA. THE ASSOCIATION WAS ESTABLISHED TO PROVIDE BENEFITS TO POLICY OWNERS OF ANNUITY, LIFE, ACCIDENT AND HEALTH, AND SUPPLEMENTAL POLICIES OR CONTRACTS OF IMPAIRED OR INSOLVENT INSURER MEMBERS.
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 |
|---|
| Charles D Gullickson | EXECUTIVE DIRECTOR | 20 | $0 |
| Jessica Dewald-Sever - Amer Memoria | DIRECTOR | 1 | $0 |
| Eric Dupont - The Guardian Life | DIRECTOR | 1 | $0 |
| Mark Bianchi - Riversource Life | DIRECTOR | 1 | $0 |
| Edward Donahue - American Family | DIRECTOR | 1 | $0 |
| Catherine Bresler - The Trustmark C | DIRECTOR UNTIL 05/2019 | 1 | $0 |
| Alex D'Agostino-New York Life | TREASURER FROM 08/2019 | 1 | $0 |
| Christa Kuennen - Wellmark Of Sd | SECRETARY/TREASURER | 1 | $0 |
| James Harrison - Principal Life | VICE CHAIR | 1 | $0 |
| Robert Corn - Mutual Of Omaha | CHAIRPERSON | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202041959349302359_public.xml