Nonprofits›California Life Insurance Guaranty Association

California Life Insurance Guaranty Association

ROSEVILLE, CA

Website

Total revenue

$37.0M

Total expenses

$70.6M

Net assets

—

Grants received

—

EIN

954311716

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants—
Program service revenue$34.6M
Investment income$2.4M
Other revenue—
Total revenue$37.0M

Expenses

Grants paid—
Salaries & benefits$724K
Fundraising—
Other expenses$61.7M
Total expenses$70.6M
Total assets$76.0M
Net assets—

People

19 listed

NameRoleCompensation

TODD THAKAR THE THAKAR GROUP

EXECUTIVE DIRECTOR

Board

$724K

40 hrs/wk

Ronald Coleman-Baeza

DIRECTOR

Board

—

1 hrs/wk

UNITEDHEALTHCARE INS CO

DIRECTOR

Board

—

1 hrs/wk

PROTECTIVE LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

EVERLAKE LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

PACIFIC LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

AETNA LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

ANTHEM BLUE CROS LIFE & HEALTH INS CO

DIRECTOR

Board

—

1 hrs/wk

CIGNA HEALTH & LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

ALAN ACOSTA

DIRECTOR

Board

—

1 hrs/wk

MASSACHUSETTS MUTUAL LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

METROPOLITAN LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

NORTHWESTERN MUTUAL LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

PRUDENTIAL INS CO OF AMERICA

DIRECTOR

Board

—

1 hrs/wk

TRANSAMERICA LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

JOY HIGA

CHAIR

Board

—

4 hrs/wk

GREG REDMOND

VICE CHAIR

Board

—

3 hrs/wk

SONYA EKART

SECRETARY TREASURER

Board

—

3 hrs/wk

LINCOLN NATIONAL LIFE INS CO

DIRECTOR

Board

—

1 hrs/wk

Details

EIN954311716
Subsection06
Ruling date1993-03
Formed1991
Employees0
Volunteers0
CALIFORNIA LIFE INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo