2025-06-11T14:41:44-07:00 2024-12-31 990 2024-01-01 237293721 COLORADO INSURANCE GUARANTY ASSN COLO 3037595066 1873 So Bellaire St Ste 920 Denver CO 80222 Chad Anderson President-WGFS 3037595066 2025-05-30 1 2024 2025-03-06 01:10:19Z Chad Anderson 1873 South Bellaire St Ste 920 Denver CO 80222 3903525 0 X www.coiga.org X 1971 CO To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Colorado's guaranty act in cooperation with regulators and receivers, while responsibly managing the funds of the association. 7 7 0 0 0 0 0 0 990315 458621 2501119 3444904 0 0 3491434 3903525 0 0 0 0 0 0 0 0 0 2087206 1684349 2087206 1684349 1404228 2219176 88163208 90382384 0 0 88163208 90382384 To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Colorado's guaranty act in cooperation with regulators and receivers, while responsibly managing the funds of the association. 0 0 1684349 0 458621 Colorado Insurance Guaranty Association reviewed over 85 claim files in 2024 and had 83 claims pending at year end. Over 1,800 checks were issued to claimants and providers in 2024. 0 0 0 1684349 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 1 21 0 1 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X Western Guaranty Fund Services 3037595066 1873 South Bellaire Street Suite 920 Denver CO 80222 X Farmers Insurance Group rep Kim Decker Board Chair 1 0 X 0 0 0 Allstate Insurance rep Amy Diaconu Board Vice Chair 1 0 X 0 0 0 Employers Mutual Companies rep Gary Alford Board Member 1 0 X 0 0 0 State Farm Insurance rep Julie Blankenship Board Member 1 0 X 0 0 0 The Travelers rep Genus Dalton Board Member 1 0 X 0 0 0 American Family Insurance rep Robert Nash Board Member 1 0 X 0 0 0 Liberty Mutual rep Troy Lumaye Board Member 1 0 X 0 0 0 0 0 0 0 0 0 0 Learning Services Corporation PO Box 415602 Boston MA 022415602 Medical 290753 Arnold & Itkin LLP 6009 Memorial Drive Houston TX 77007 Settlement 150000 2 0 Claim Recoveries 524298 458621 458621 0 0 0 0 0 0 458621 3444904 3444904 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3903525 3903525 0 0 Claim Losses 1099691 1099691 0 0 Loss Adjusting Expenses 584658 584658 0 0 1684349 1684349 0 0 250000 250000 87863208 90082384 50000 50000 88163208 90382384 0 0 X 88163208 90382384 0 0 88163208 90382384 88163208 90382384 2219176 0 0 0 0 0 X 1 X 0 1 0 Form 990, Part VI, Section A, Line 3 Colorado Insurance Guaranty Association's management duties are conducted by Western Guaranty Fund Services, a 501(c)6 organization created to provide accounting, administration and management for seven property and casualty insurance guaranty associations. Form 990, Part VI, Section A, Line 6 Colorado Insurance Guaranty Association's members are licensed property and casualty insurance companies which write insurance covered under the Colorado Insurance Guaranty Association Act. Form 990, Part VI, Section A, Line 7a Members of the governing board of directors are elected by insurance companies that are members of the Colorado Insurance Guaranty Association. Form 990, Part VI, Section A, Line 7b Changes to members of the board of directors and the plan of operation must be approved by the Commissioner of Insurance in Colorado. The association is also subject to the commissioner's examination and regulation. Form 990, Part VI, Section B, Line 11b Colorado Insurance Guaranty Association's form 990 was prepared by Western Guaranty Fund Services and was emailed to the board of directors for review prior to filing. Form 990, Part VI, Section B, Line 12c At the beginning of every board meeting, members of the board are reminded about the potential for conflicts of interest and given the opportunity to discuss any conflicts. On an annual basis, board members are asked to sign that they understand and comply with the conflict-of-interest policy. Form 990, Part VI, Section C, Line 19 Colorado Insurance Guaranty Association's governing documentation and financial statements are available to the public upon request. Needed more time and timely filed form 8868 for an extension.