2011-11-15T09:46:15-06:00 2010-12-31 POSTLETHWAITE & NETTERVILLE 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2010-01-01 720889235 LOUISIANA INSURANCE GUARANTY ASSOCIATION LOUI 2252914775 2142 QUAIL RUN DRIVE BATON ROUGE LA 708084126 JOHN WELLS 2252914775 2011-11-14 1 2259224600 2010 2016-02-24 21:20:13Z JOHN WELLS 2142 QUAIL RUN DRIVE BATON ROUGE LA 708084126 35288092 0 X WWW.LAIGA.ORG X 1971 LA LIGA IS AN ORGANIZATION CREATED BY THE INSURANCE GUARTANTY 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 13672869 5434597 10044138 29853495 23717007 35288092 0 0 0 8041696 530764 566540 0 0 0 88417552 2548128 88948316 11156364 -65231309 24131728 194753132 215648926 3235934 0 191517198 215648926 NONE 0 0 8041696 LIGA SERVES AS A SAFETY NET FOR LOUISIANA INSURANCE POLICYHOLDERS. IN 2009 LIGA PAID APPROXIMATELY $8 MILLION TO POLICYHOLDERS AND THIRD PARTY CLAIMANTS. 3114668 3114668 11156364 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 0 0 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 AUBREY TEMPLE 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 T 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 100000 0 0 JOHN WELLS 40.00 X 87758 0 0 187758 0 0 0 0 0 0 HAILEY MACNAMARA HALL LARMANN AND PAP PO BOX 8288 METAIRIE LA 70001 LEGAL SERVICES 713698 CORPORATE PHARMACY SERVICES 319 BROAD STREET GADSDEN AL 35901 PROVIDE PHARMACY BENEFITS FOR LIGA'S WOR 506806 WELLS FARGO ADVISORS ONE NORTH JEFFERSON ST LOUIS MO 63103 IVESTMENT MANAGER 170753 LOFTON STAFFING PO BOX 52171 LAFAYETTE LA 70505 PROVIDES TEMPORARY STAFFING AND/OR LEASE 108885 MILLING BENSON WOODWARD LLP 909 POYDRAS ST SUTE 2300 NEW ORLEANS LA 70112 LEGAL SERVICES 101729 5 5434597 5434597 LIQUIDATION DISTRIBUTI 524298 29830079 29830079 OTHER INCOME 524298 13503 13503 RESTITUTION 524298 9913 9913 29853495 35288092 35288092 0 0 8041696 8041696 187758 187758 378782 378782 1722149 1722149 12932 12932 12267 12267 ADMINISTRATIVE EXPENSES 311103 311103 CLAIMS HANDLING COSTS 294495 294495 PROFESSIONAL AND BANK F 195182 195182 11156364 11156364 0 0 1242135 194753132 214406791 194753132 215648926 3235934 3235934 0 X 0 0 0 0 191517198 215648926 191517198 215648926 194753132 215648926 24131728 0 X 0 1 1 X 0 0 35288092 11156364 24131728 0 24131728 35288092 0 35288092 0 35288092 11156364 0 11156364 0 11156364 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 PERSONEL COMMITTEE OF BOARD OF DIRECTORS DETERMINES THE OFFICER'S SALAIRES 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.