2024-04-26T08:16:46-00:00 2023-12-31 391969986 Strohm Ballweg LLP 9701 Brader Way Suite 301 Middleton WI 53562 990 2023-01-01 237365644 Insurance Security Fund INSU 6082429473 2820 Walton Commons Lane APT 135 Madison WI 53718 Allan Patek Executive Director 6082429473 2024-04-26 true Allan Patek 000000000 true Gary Strohm P00745480 6088210600 2024-04-26 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Wisconsin Insurance Security Fund Allan Patek 2820 Walton Commons Ln 135 Madison WI 53718 2808132 false X wilifega.org X 1969 WI The Insurance Security Fund has one mission, accomplished through one program to maintain public confidence in the promises of insurers by providing a mechanism for protecting insureds from loss in the event of liquidati 14 14 7 0 0 10852075 2164653 309638 643479 0 11161713 2808132 0 2246052 2765966 588755 618151 0 0 839632 825337 3674439 4209454 7487274 -1401322 37173342 35776005 0 37173342 35776005 The Insurance Security Fund has one mission, accomplished through one program to maintain public confidence in the promises of insurers by providing a mechanism for protecting insureds from loss in the event of liquidation of insurers and to provide continuation of protection under insurance policies as specified by Wisconsin State Statutes. false false The Insurance Security Fund has accomplished paying claims for policyholders through one program protecting insureds from loss in the event of liquidation of insurers and continues to provide protection under insurance policies as specified by Wisconsin State Statutes. false false false false false false false false false false false false true false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 87 0 true 7 true false false false false false false false false false X 14 14 false false false false true false false true true false false false false false true true true false X Allan Patek 6082429473 2820 Walton Commons Ln 135 Madison WI 53718 Allan Patek Executive Director 040.00 X X 229977 0 0 Theresa Wedekind Associate Director Operations Finance 040.00 X 135139 0 0 Bryce Tolefree Board Member American Family Insurance, Madison WI 001.00 X 0 0 0 Nathan Houdek Board Member Commissioner of Insurance, Madison WI 001.00 X 0 0 0 Joseph Decker Board Member QBE, Sun Prairie WI 001.00 X 0 0 0 Heather Boyer Board Member Society Insurance, Fond du Lac, WI 001.00 X 0 0 0 George E Burleton II Board Member Humana, Green Bay WI 001.00 X 0 0 0 Peter Farrow Board Member Group Health Cooperative, Eau Claire WI 001.00 X 0 0 0 John Wesley Warren Board Member Northwestern Mutual Life Ins, Milwaukee WI 001.00 X 0 0 0 John Leiber Board Member WI State Treasurer, Madison WI 001.00 X 0 0 0 Sharon Hartung Board Member WPS, Madison WI 001.00 X 0 0 0 Gwendolyn Cooley Board Member Assistant Attorney General, Madison WI 001.00 X 0 0 0 Dawn Lemke Board Member Church Mutual Ins, Merrill WI 001.00 X 0 0 0 Christine Senty Board Member Quartz, Sauk City WI 001.00 X 0 0 0 Michael Tobin Board Member New York Life Ins Co, New York NY 001.00 X 0 0 0 Raina Zanow Chair Sentry Insurance, Stevens Point WI 001.00 X 0 0 0 365116 2 false true false Liquidation Distributions 524298 1069796 Premium 524298 403857 Administrative Assessment 524298 691000 2164653 643479 2808132 0 0 0 2765966 365116 127216 0 66122 25284 34413 0 83394 36100 0 0 0 0 0 205800 0 38277 0 0 10736 0 0 0 18882 Association Dues 171265 Liquidation Accounts Operating Expenses 260883 0 4209454 1087291 8212898 36086051 27563107 37173342 35776005 0 0 X 37173342 35776005 37173342 35776005 37173342 35776005 -1401322 3985 X true X true X true false false Financial derivatives and other financial products Closely-held equity interests Certificate of Deposits 17125567 C Municipals 1790725 C Treasuries 4186361 C Agency Notes 3466515 C Bond Fund 993939 C 27563107 Federal income taxes 2808132 2808132 2808132 4209454 4209454 4209454 false false false Allan Patek Executive Director 205477 24500 26447 13388 269812 Form 990, Part VI, Section B, Line 11A Key components of the Form 990 were discussed with the Board of Directors. 2023 Form 990 was provided to and discussed with the Board at its April 10, 2024 meeting. Form 990, Part VI, Section B, Line 15 a-b The Board of Directors appoints an Administrative Committee that oversees operations and considers, reviews and makes compensation recommendations to the Board of Directors for their approval. Form 990, Part VI, Section C, Line 19 The Insurance Security Fund was created by Chapter 646 Wisconsin Statutes, which serves as the governing document and includes the scope, purpose of the Fund and provides definitions and operations direction for the Funds management. Financial statements are available for the public as required by the statute and posted to a publicly accessible website. Annual notice of the publication of the financial statements is provided to the member insurers as defined by the statute.