2025-02-03T14:09:59-06:00 2023-12-31 923320348 EAG GULF COAST LLC ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2023-01-01 720889235 LOUISIANA INSURANCE GUARANTY ASSOCIATION LOUI 2252914775 2142 QUAIL RUN DRIVE BATON ROUGE LA 708084126 JOHN WELLS EXECUTIVE DIRECTOR 2252914775 2025-02-03 1 1 GINA RACHEL P01216293 5048375990 2023 2025-03-06 01:10:19Z JOHN WELLS 2142 QUAIL RUN DRIVE BATON ROUGE LA 708084126 215046403 0 X WWW.LAIGA.ORG X 1971 LA 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. 9 9 20 9 0 0 0 0 262492882 194627090 1800947 18741443 22468025 -1432 286761854 213367101 0 0 424173722 280021423 1853879 2266600 0 0 0 36442524 57661882 462470125 339949905 -175708271 -126582804 508430962 381849590 600000709 600000709 -91569747 -218151119 X 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). 0 0 LIGA SERVES AS A SAFETY NET FOR LOUISIANA INSURANCE POLICYHOLDERS. IN 2023, LIGA PAID APPROXIMATELY $237 MILLION TO POLICYHOLDERS AND THIRD PARTY CLAIMANTS. 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 495 0 1 20 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JOHN WELLS 2257571688 2142 QUAIL RUN BATON ROUGE LA 70808 CINDY BETZ DIRECTOR (THRU 03/23) 1.00 X 0 0 0 CULLEN CLARK DIRECTOR 1.00 X 0 0 0 DENIS HUSERS DIRECTOR 1.00 X 0 0 0 JENNIFER WISE DIRECTOR 1.00 X 0 0 0 JOHN HAWIE TREASURER 1.00 X X 0 0 0 MARKHAM R MCKNIGHT DIRECTOR (THRU 09/23) 1.00 X 0 0 0 MICHAEL T GRAY CHAIR 1.00 X X 0 0 0 NOEL J BUNOL IV DIRECTOR 1.00 X 0 0 0 STEPHEN SCHREMPP SECRETARY 1.00 X X 0 0 0 MICHAEL DUTZ DIRECTOR 1.00 X 0 0 0 MICHAEL RODRIGUE JR DIRECTOR 1.00 X 0 0 0 STEPHANIE LABORDE GENERAL COUNSEL 1.00 X 0 0 0 STEWART GUERIN LDI LIAISON 1.00 X 0 0 0 JOHN WELLS EXECUTIVE DIRECTOR 40.00 X 345839 0 29360 DEIDRE ARCENEAUX CLAIMS MANAGER 40.00 X 202579 0 12079 MALCOLM TWINER SR. CLAIM EXAMINER 40.00 X 117391 0 19940 KEN MANN SR. CLAIM EXAMINER 40.00 X 124691 0 8108 KERRY CICCONE SR. CLAIM EXAMINER 40.00 X 100005 0 16726 890505 0 86213 5 0 1 0 LEGIONS CLAIMS PO BOX 15213 BATON ROUGE LA 70895 CLAIMS PROCESSING 30576965 MD CLAIMS GROUP LLC PO BOX 2337 MANDEVILLE LA 70470 CLAIMS MANAGEMENT & ADJUSTING SERVICES 4887342 FOUNTAIN GROUP AND ASSOCIATES LLC PO BOX 3998 PINEVILLE LA 71361 CLAIMS PROCESSING 3450169 MAVERICK CLAIMS LLC PO BOX 1385 ABITA SPRINGS LA 70420 CLAIMS PROCESSING 2801564 TRACKER CLAIMS SERVICES LLC 7864 NORTH LICK CREEK RD LYLES TN 37098 CLAIMS PROCESSING 2288437 161 ASSESSMENTS 524298 112535939 112535939 LIQUIDATION DISTRIBUTION 524298 82089980 82089980 RESTITUTION 524298 1171 1171 194627090 18725531 18725531 1695214 1679302 15912 15912 15912 K-1 ORDINARY BUSINESS INCOME 524298 -1432 -1432 -1432 213367101 194625658 0 18741443 280021423 375199 1569936 188469 132996 70249 41500 3872 365745 145894 724387 31214 30348 9238 29903 OUTSIDE CLAIMS 33319583 BOND ISSUANCE COSTS 22134375 OTHER CLAIMS HANDLING 509635 REPAIRS & MAINTENANCE 131710 114229 339949905 1632675 43449103 503289540 318330249 3508747 20070238 508430962 381849590 709 709 600000000 600000000 600000709 600000709 X -91569747 -218151119 -91569747 -218151119 508430962 381849590 X -126582804 1432 X X 0 1 X 1 0 0 WELLS FARGO - PUBLICLY TRADED SECURITIES 20070238 C 20070238 X 213364661 0 213364661 3872 -1432 2440 213367101 339946033 0 339946033 3872 3872 339949905 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6); THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE ASSOCIATION MAY BE SUBJECT TO CERTAIN EXCISE OR OTHER TAXES ASSOCIATED WITH INTEREST EARNED RELATED TO INVESTMENTS RELATED TO ITS BONDS. PART XI, LINE 4B - OTHER ADJUSTMENTS: K-1 ORDINARY BUSINESS INCOME -1,432. X X X X 0 0 0 JOHN WELLS EXECUTIVE DIRECTOR 247339 0 98500 0 0 0 16975 0 12385 0 375199 0 0 0 DEIDRE ARCENEAUX CLAIMS MANAGER 154079 0 48500 0 0 0 10129 0 1950 0 214658 0 0 0 A LA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTH 741416168 546275AAB 2022-08-31 142000000 SEE SUPPLEMENTAL INFORMATION 0 0 0 B LA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTH 741416168 546275AAB 2022-11-30 480466650 SEE SUPPLEMENTAL INFORMATION 0 0 0 A 142000000 755385 142000000 0 0 1 1 B 480466650 264609390 2377499 230000000 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 SCHEDULE K, PART I, BOND ISSUES: (F) DESCRIPTION OF PURPOSE: FOR ASSESSMENT INSURANCE REVENUE NOTE, SERIES 2022A AND INSURANCE ASSESSMENT REVENUE BONDS, SERIES 2022B - (I) TO PAY COVERED CLAIMS AS DEFINED BY STATUTE, (II) TO FUND A RESERVE FUND AT THE RESERVE REQUIREMENT, IF NECESSARY, AND (III) TO PAY THE COSTS OF ISSUANCE FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS MEMBER INSURANCE COMPANIES AS DEFINED BY LA STATUTE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS PRESCRIBED BY STATE STATUTE TO INCLUDE TWO DIRECTORS APPOINTED BY THE INSURANCE COMMISSIONER, ONE DIRECTOR APPOINTED BY THE STATE SENATE PRESIDENT, ONE DIRECTOR APPOINTED BY THE STATE HOUSE SPEAKER, ONE DIRECTOR ELECTED FROM A STATE TRADE ASSOCIATION AND FOUR DIRECTORS ELECTED AT LARGE FROM THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS GIVEN AUDITED STATEMENTS AND THE ANNUAL REPORT WHICH ARE THE BASIS FOR AND USED IN THE FILING OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THEY ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST TWICE ANNUALLY. THE COMMISSIONER DEMANDS A STATEMENT ANNUALLY AS DOES THE LOUISIANA BOARD OF ETHICS/LOUISIANA ETHICS COMMISSION. FORM 990, PART VI, SECTION B, LINE 15 PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE OFFICER'S SALARY. ALL OTHER COMPENSATION, INCLUDING KEY EMPLOYEES, IS DETERMINED BY THE EXECUTIVE DIRECTOR SIMILARLY USING THE COMPENSATION DATA. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PUBLISHED ON THE THE ORGANIZATION'S WEBSITE AS PART OF THE ANNUAL REPORT. ALL OTHER INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: K-1 ORDINARY BUSINESS INCOME 1,432. FORM 990, PART XII, LINE 2: THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESSES FOR THE AUDIT THAT THE ORGANIZATION'S COMMITTEE USES.