NonprofitsMississippi Insurance Guaranty Association

Mississippi Insurance Guaranty Association

FLOWOOD, MS

Total revenue

$3.6M

Total expenses

Net assets

$64.8M

Grants received

EIN

237366411

Tax year

2024

Mission

Manage in a professional and timely manner the property-casualty insolvencies for which miga is responsible by discharging association duties in accordance with governing statutes and plan of operating provisions.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$2.9M
Other revenue$739K
Total revenue$3.6M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses
Total expenses
Total assets$111.1M
Net assets$64.8M

People

12 listed

NameRoleCompensation

BRYAN HUBBARD ALFA INSURANCE CO

SECRETARY/TREASURER/EXEC COMM

Board

3 hrs/wk

CAREY BREEDLOVE TRAVELERS INS CO

INVESTMENT COMM

Board

3 hrs/wk

CARLY HERMANSON ALLSTATE INSURANCE

LEGISLATIVE COMM

Board

3 hrs/wk

CLINT FISHER MS FARM BUREAU INS

CLAIM COMM

Board

3 hrs/wk

GREG MCLEMORE ASCOT GROUP

INVESTMENT COMM

Board

3 hrs/wk

BECKY HILLHOUSE AMFED NATIONAL

CLAIM COMM

Board

3 hrs/wk

JIM ROWLES MS FARM BUREAU

CHAIRMAN/EXECUTIVE COMM

Board

3 hrs/wk

LISA WATSON EMC

CLAIM COMM

Board

3 hrs/wk

RAY WAUGH NATIONWIDE INSURANCE CO

LEGISLATIVE COMM

Board

3 hrs/wk

TIFFANY HAWKINS FCCI INSURANCE GROU

INVESTMENT COMM-CHAIR

Board

3 hrs/wk

JEFFREY CARVER BERKLEY SOUTHEAST IN

VICE CHAIRMAN/PERSONNEL COMM

Board

3 hrs/wk

ARTHUR RUSSELL

EXECUTIVE DIRECTOR

Staff

$164K

40 hrs/wk

Details

EIN237366411
Subsection06
Ruling date1974-07
Formed1970
Employees6
Volunteers0
MISSISSIPPI INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo