Nonprofits›Connecticut Insurance Guaranty Association

Connecticut Insurance Guaranty Association

BOSTON, MA

Website

Total revenue

$6.4M

Total expenses

$9.7M

Net assets

$97.6M

Grants received

—

EIN

237204066

Tax year

2024

Mission

During the year the Association paid covered claims on behalf of insolvent insurers in accordance with the Connecticut state statute, Chapter 704a, Section 38a-842 of the Connecticut Insurance Laws.

Financials

FY 2024

Revenue

Contributions & grants—
Program service revenue$3.2M
Investment income$3.1M
Other revenue—
Total revenue$6.4M

Expenses

Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$1.9M
Total expenses$9.7M
Total assets$97.6M
Net assets$97.6M

People

7 listed

NameRoleCompensation

Joseph Torti Chair

representing United States Fire Insurance Co.

Board

—

1 hrs/wk

Jennifer A Morrison Vice Chair

representing Amica Mutual Indemnity Company

Board

—

1 hrs/wk

John Cerrone Board Member

representing Nationwide Mutual Insurance Co.

Board

—

1 hrs/wk

Eileen Fongemie Board Member

representing MEMIC Indemnity Company

Board

—

1 hrs/wk

Joanne Garvin Board Member

representing Travelers Indemnity Company

Board

—

1 hrs/wk

Adam Robitaille Board Member

representing Farmers P&C Insurance Co

Board

—

1 hrs/wk

Andrew J Schneider Board Member

representing Hartford Fire Insurance Company

Board

—

1 hrs/wk

Independent contractors

Metlife Assignment Company Inc

Retirement & Income Solutions

$708K

Tmesys LLC

Rx Drug Service

$411K

Fashjian & Falco PC

Legal Services

$300K

Discala & Discala LLC

Legal Services

$275K

Montstream & May LLP

Legal Services

$227K

Details

EIN237204066
Subsection06
Ruling date1973-06
Formed1971
Employees0
Volunteers0
CONNECTICUT INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo