2013-01-08T10:07:19-06:00 2011-12-31 721202445 POSTLETHWAITE & NETTERVILLE 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2011-01-01 720889235 LOUISIANA INSURANCE GUARANTY ASSOCIATION LOUI 2252914775 2142 QUAIL RUN DRIVE BATON ROUGE LA 708084126 JOHN WELLS 2252914775 2013-01-07 1 RALPH STEPHENS P00638118 2259224600 2011 2016-03-07 17:11:31Z JOHN WELLS 2142 QUAIL RUN DRIVE BATON ROUGE LA 708084126 24967830 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. 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). 9 9 9 9 0 0 0 0 0 0 5434597 7150518 29853495 16908668 35288092 24059186 0 0 8041696 5406165 566540 662076 0 0 0 2548128 679027 11156364 6747268 24131728 17311918 215648926 232960844 0 0 215648926 232960844 NONE 0 0 4009471 LIGA SERVES AS A SAFETY NET FOR LOUISIANA INSURANCE POLICYHOLDERS. IN 2011 LIGA PAID APPROXIMATELY $5 MILLION TO POLICYHOLDERS AND THIRD PARTY CLAIMANTS. 2737797 2737797 6747268 0 0 0 0 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 0 1 243 0 1 9 1 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 KRISTIN WALL 1.00 X 0 0 0 DAVID A ROSS 1.00 X 0 0 0 DENIS HUSERS 1.00 X 0 0 0 KEITH THOMPSON 1.00 X 0 0 0 MARKHAM MCKNIGHT 1.00 X 0 0 0 MICHAEL R GRAY 1.00 X 0 0 0 JE BRIGNAC JR 1.00 X 0 0 0 WAYNE T ROUSSEL 1.00 X 0 0 0 WILLIAM D HUGHES III 1.00 X 0 0 0 NORMAN REESE 40.00 X 105000 0 5250 JOHN WELLS 40.00 X 110000 0 8320 215000 0 13570 2 0 0 0 HAILEY MACNAMARA HALL LARMANN AND PAP PO BOX 8288 METAIRIE LA 70001 LEGAL SERVICES 775322 CORPORATE PHARMACY SERVICES 319 BROAD STREET GADSDEN AL 35901 PROVIDE PHARMACY BENEFITS FOR LIGA'S WOR 410655 WELLS FARGO ADVISORS ONE NORTH JEFFERSON ST LOUIS MO 63103 INVESTMENT MANAGER 183354 3 8059162 8059162 908644 -908644 -908644 -908644 LIQUIDATION DISTRIBUTI 524298 16892024 16892024 RESTITUTION 524298 16644 16644 16908668 24059186 16908668 0 7150518 5406165 5406165 228570 228570 433506 433506 35251 35251 17632 17632 6560 6560 117588 117588 12932 12932 17615 17615 17530 17530 OUTSIDE CLAIMS 191657 191657 DUES & SUBSCRIPTIONS 74983 74983 OTHER CLAIMS HANDLING 69867 69867 CONTRACT LABOR 34833 34833 82579 82579 6747268 6747268 0 0 1242135 84922 214406791 232875922 215648926 232960844 0 0 X 0 0 0 0 215648926 232960844 215648926 232960844 215648926 232960844 17311918 0 X X 0 1 1 X 0 0 24059186 6747268 17311918 17311918 24059186 0 24059186 0 24059186 6747268 0 6747268 0 6747268 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION RECOGNIZES THE EFFECT OF UNCERTAIN INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE ASSOCIATION HAS EVALUATED ITS POSITION REGARDING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2008. 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 THERE ARE NINE BOARD MEMBERS, FOUR VOTED BY MEMBER ELECTIONS STAGGERED OVER THREE YEARS, ONE MEMBER COMPANY REPRESENTATIVE APPOINTED BY A LOCAL TRADE ORGANIZATION, AND FOUR APPOINTED BY ELECTED GOVERNMENT OFFICIALS. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD IS GIVEN AUDITED STATEMENTS AND THE ANNUAL REPORT WHICH ARE THE BASIS FOR AND USED IN THE FILLING OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THEY ARE REQUIRED TO DISCLOSE INTEREST TWICE. THE COMMISSIONER DEMANDS A STATEMENT ANNUALLY AS DOES THE LOUISIANA BOARD OF ETHICS/LA ETHICS COMMISSION. FORM 990, PART VI, SECTION B, LINE 15 PERSONNEL COMMITTEE OF BOARD OF DIRECTORS DETERMINES THE OFFICER'S SALARIES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PUBLISHED ON THE INTERNET SITE AS PART OF OUT ANNUAL REPORT. THE PLAN OF OPERATION AND POLICIES AND PROCEDURES ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR.