2025-10-27T09:54:41-04:00 2025-06-30 990 2024-07-01 954311716 CALIFORNIA LIFE & HEALTH INSURANCE GUARANTEE ASSOCIATION CALI 9166311581 2999 Douglas Blvd Ste 180 Roseville CA 956613824 Todd Thakar Executive Director 9166311581 2025-10-28 2024 2025-03-06 01:10:19Z Todd Thakar 2999 Douglas Blvd Ste 180 Roseville CA 956613824 37015747 false X WWW.CALIFEGA.ORG X 1991 CA The Association was established to provide certain protections to policyholders and beneficiaries of policyholders of impaired or insolvent insurers in accordance with Section 1067 of the California Insurance Code. 15 15 0 0 0 0 0 0 61597037 34600714 2745776 2415033 0 0 64342813 37015747 0 0 271459 8173616 710111 724313 0 0 0 18641838 61738783 19623408 70636712 44719405 -33620965 51655207 75950324 23004515 80920596 28650692 -4970272 The Association was established to provide certain protections to policyholders and beneficiaries of policyholders of impaired or insolvent insurers in accordance with Section 1067 of the California Insurance Code. false false 0 0 0 The Associations sole program service is providing certain protections to policyholder and beneficiaries of policyholders of impaired or insolvent insurers in accordance with Section 1067 of the California Insurance Code. 0 0 0 0 0 0 0 0 0 0 false false false false true false false false false false false false false false true true 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 true 3 0 true 0 false false false false false false false false 15 15 false false false false true true true true true false false true true true true false true false false false X Todd Thakar The Thakar Group 9166311581 2999 Douglas Blvd Ste 180 Roseville CA 956613824 ALAN ACOSTA DIRECTOR 1.00 0.00 X 0 0 0 Ronald Coleman-Baeza DIRECTOR 1.00 0.00 X 0 0 0 UNITEDHEALTHCARE INS CO DIRECTOR 1.00 0.00 X 0 0 0 PROTECTIVE LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 EVERLAKE LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 PACIFIC LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 AETNA LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 ANTHEM BLUE CROS LIFE & HEALTH INS CO DIRECTOR 1.00 0.00 X 0 0 0 CIGNA HEALTH & LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 LINCOLN NATIONAL LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 MASSACHUSETTS MUTUAL LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 METROPOLITAN LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 NORTHWESTERN MUTUAL LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 PRUDENTIAL INS CO OF AMERICA DIRECTOR 1.00 0.00 X 0 0 0 TRANSAMERICA LIFE INS CO DIRECTOR 1.00 0.00 X 0 0 0 JOY HIGA CHAIR 4.00 0.00 X 0 0 0 GREG REDMOND VICE CHAIR 3.00 0.00 X 0 0 0 SONYA EKART SECRETARY TREASURER 3.00 0.00 X 0 0 0 TODD THAKAR THE THAKAR GROUP EXECUTIVE DIRECTOR 40.00 0.00 X 724313 0 0 724313 0 0 1 false true false 0 0 0 0 0 0 0 0 MEMBER ASSESSMENTS 524298 30556009 30556009 0 0 POLICYHOLDER PREMIUMS 524298 9106 9106 0 0 ESTATE DISTRIBUTIONS 524298 4035599 4035599 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34600714 2415033 2415033 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 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 0 0 0 0 0 0 0 0 0 0 0 37015747 37015747 0 0 0 0 0 0 0 0 8173616 8173616 724313 470803 253510 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 -3331 6820 -10151 0 98387 0 98387 0 60000 0 60000 0 0 0 35088 0 35088 0 22695 6135 16560 0 0 0 0 0 2344 0 2344 0 0 0 0 0 0 0 0 0 0 0 0 0 66665 0 66665 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35527 0 35527 0 CHANGE IN RESERVES FOR CONTINUING OBLIGATIONS 60858600 60858600 0 0 NATIONAL ASSOCIATION DUES 545483 428771 116712 0 LOBBYING TAX 17325 0 17325 0 0 0 0 0 0 0 0 0 70636712 69944745 691967 0 0 0 0 0 0 0 2977926 45763922 0 0 17338324 714057 0 0 0 0 0 0 0 0 38391 0 0 0 0 0 31300566 29472345 0 0 0 0 0 0 0 0 51655207 75950324 258955 316437 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22745560 80604159 23004515 80920596 X 28650692 -4970273 0 0 28650692 -4970273 51655207 75950323 -33620965 0 0 0 0 0 X false true X true false false false false 30572308 60000 0 60000 0 0 60000 RESSERVES FOR OBLIGATIONS TO POLICYHOLDERS 80604159 80604159 X 46972556 0 0 0 9991897 9991897 36980659 35088 0 35088 37015747 80593522 9991898 9991898 70601624 35088 35088 70636712 Part X, line 2 The FASB issued ASC 740 Income Taxes which addresses the accounting for uncertainty in income taxes recognized in the Associations financial statements and prescribes a more-likely-than-not threshold for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Pursuant to ASC 740 the Association recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being recognized. Additionally previously recognized tax positions that no longer meet the more-likely-than-not threshold should be derecognized in the first financial reporting period in which that threshold is no longer met. Changes in recognition or measurement will be reflected in the period in which the change in judgment occurs. Part XI, line 2d RESCINDED DECLARED BUT NOT YET CALLED ASSESSMENTS Part XII, line 2d RESCINDED DECLARED BUT NOT YET CALLED ASSESSMENTS Part I to XII | PartandLinenumber:,Explanation:| Part X Line 2,The FASB issued ASC 740 Income Taxes which addresses the accounting for uncertainty in income taxes recognized in the Associations financial statements and prescribes a more-likely-than-not threshold for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Pursuant to ASC 740 the Association recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being recognized. Additionally previously recognized tax positions that no longer meet the more-likely-than-not threshold should be derecognized in the first financial reporting period in which that threshold is no longer met. Changes in recognition or measurement will be reflected in the period in which the change in judgment occurs.| true X false false false TODD THAKAR THE THAKAR GROUP EXECUTIVE DIRECTOR 724313 0 0 0 0 0 0 0 0 0 724313 0 0 0 Part VI, Line 6 Pursuant to California Insurance Code all insurance companies authorized on a California Department of Insurance Certificate of Authority to sell life insurance annuity contracts or health insurance in the State of California are members of the Association. Part VI, Line 7a Members of the Association elect the members of the Associations Board of Directors. Part VI, Line 7b The Commissioner of Insurance has the powers enumerated in Section 1067 of the Insurance Code including but not limited to approving the election of the Board of Directors approving changes to the Plan of Operation or hearing an appeal by a member insurer of an action taken by the Board of Directors. Part VI, Line 11a The Associations Form 990 is prepared by the accounting staff and reviewed by the Executive Director and the Audit Committee for accuracy and completeness. Part VI, Line 12c Each year all directors officers and consultants are required to complete a Conflict of Interest questionnaire. The Conflict of Interest Policy is enforced by the officers of the Board of Directors in accordance with the policy.