2024-11-15T12:39:46-07:00 2023-12-31 990 2023-01-01 020346955 NEW HAMPSHIRE INSURANCE GUARANTY ASSOCIATION NEWH 6172277020 One Bowdoin Square Second Floor Boston MA 021142916 Heather Holland Treasurer 6176034775 2024-11-15 1 2023 2024-10-15 13:58:12Z Barbara Petersen Law One Bowdoin Square Second Floor Boston MA 021142916 32286597 0 X www.gfms.org X 1970 MA During the year the Association paid covered claims on behalf of insolvent insurers in accordance with the New Hampshire state statute, Chapter 404B & Chapter 404H. 9 9 0 0 0 0 0 0 63771 300182 22037 311127 0 0 85808 611309 0 0 901310 930575 0 0 0 0 0 380191 396416 1281501 1326991 -1195693 -715682 54511541 53795859 0 0 54511541 53795859 During the year the Association paid covered claims on behalf of insolvent insurers in accordance with the New Hampshire state statute, Chapter 404B & Chapter 404H. 0 0 930575 0 0 During the year the Association paid covered claims on behalf of insolvent insurers in accordance with the New Hampshire state statute, Chapter 404B & Chapter 404H. 0 0 0 930575 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Heather Holland 6172277020 One Bowdoin Square Second Floor Boston MA 021142916 Harris E Berenson Chair representing The Hanover Insurance Group 1 0 X 0 0 0 Daniel Swift Vice Chair representing Acadia Insurance Company 1 0 X 0 0 0 Donald Baldini Board Member representing Liberty Mutual Insurance Company 1 0 X 0 0 0 Michael Catina Board Member representing Zurich American Insurance Co. 1 0 X 0 0 0 Earl Cottam Board Member representing Providence Mutual Fire Ins. Co. 1 0 X 0 0 0 Lee Dowgiewicz Board Member representing Co-operative Insurance Companies 1 0 X 0 0 0 Steven Harris Board Member representing National Union Fire Ins. Co. of Pitts. PA 1 0 X 0 0 0 Douglas Morrissey Board Member representing Continental Casualty Company 1 0 X 0 0 0 Michael Nolin Board Member representing Concord General Mutual Ins. Co. 1 0 X 0 0 0 0 0 0 0 0 0 0 Tmesys LLC PO Box 850001 Dept 0559 Orlando FL 328850559 Rx Drug Service 163077 1 0 Recovery 524298 297932 297932 0 0 Member Assessment Administrative 524298 2250 2250 0 0 0 0 0 0 300182 1384354 1384354 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30602061 0 31675288 0 -1073227 0 -1073227 -1073227 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 611309 611309 0 0 0 0 0 930575 0 0 0 0 0 0 318209 1034 9650 0 0 0 0 0 0 0 0 0 3083 0 0 0 0 0 5874 NCIGF Fee 48480 10086 1326991 0 0 0 1501126 1425347 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 53010415 52370512 0 0 0 0 0 0 0 0 54511541 53795859 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 54511541 53795859 54511541 53795859 54511541 53795859 -715682 0 0 0 0 0 X 0 1 X 1 0 0 1 0 610348 0 0 0 0 0 610348 0 961 961 611309 1326029 0 0 0 0 0 1326029 0 962 962 1326991 Schedule D, Part XI, Line 4b The New Hampshire Insurance Guaranty Association has audited financial statements under the Modified-Cash Basis of accounting. The amount under other reflects the net adjustments to convert the financial statements from Modified-Cash Basis of accounting to the Cash Basis of accounting. Schedule D, Part XII, Line 4b The New Hampshire Insurance Guaranty Association has audited financial statements under the Modified-Cash Basis of accounting. The amount under other reflects the net adjustments to convert the financial statements from Modified-Cash Basis of accounting to the Cash Basis of accounting. Form 990, Part VI, Section A, Line 3 The New Hampshire Insurance Guaranty Association's management duties are provided by Guaranty Fund Management Services, Inc. (GFMS), a 501(c)(6) organization to provide claims, administration, accounting, and management functions for eight Property & Casualty Insurance Guaranty Associations. Form 990, Part VI, Section A, Line 6 The New Hampshire Insurance Guaranty Association's members are licensed Property & Casualty Insurance Companies which write insurance covered under the New Hampshire Insurance Guaranty Association Act. Form 990, Part VI, Section A, Line 7a The members of the governing body, the board of directors, are elected by the Insurance Companies that are members of the New Hampshire Insurance Guaranty Association. Form 990, Part VI, Section A, Line 7b For changes to the "Plan of Operation." Form 990, Part VI, Section B, Line 11b The Accountant prepares the return. It is reviewed by the Treasurer & VP of Accounting and Finance and the Audit Committee. Outside Tax Professionals are consulted as needed. Form 990, Part VI, Section B, Line 12c Form is filled out on an annual basis. If a conflict is noted, it is reviewed by the Board of Directors and outside legal counsel as needed. Form 990, Part VI, Section B, Line 13 As a member of Guaranty Fund Management Services, Inc., the New Hampshire Insurance Guaranty Association is subject to GFMS' whistleblower policy. Form 990, Part VI, Section B, Line 14 As a member of Guaranty Fund Management Services, Inc., the New Hampshire Insurance Guaranty Association is subject to GFMS' document retention and destruction policy. Form 990, Part VI, Section B, Line 15 The New Hampshire Insurance Guaranty Association does not have employees. Claims, administration, accounting, and management functions are provided by GFMS under a contractual agreement. Form 990, Part VI, Section C, Line 19 The annual report of the New Hampshire Insurance Guaranty Association is mailed to all of its members and the Commissioner of Insurance. The Financial Statements and the Plan of Operation of the New Hampshire Insurance Guaranty Association are on GFMS' website. extension filed