NonprofitsRhode Island Property & Casualty Insurance Guaranty Association

Rhode Island Property & Casualty Insurance Guaranty Association

BOSTON, MA

Total revenue

$3.7M

Total expenses

$1.6M

Net assets

$17.7M

Grants received

EIN

510188685

Tax year

2024

Mission

During the year the Association paid covered claims on behalf of insolvent insurers in accordance with the Rhode Island state statute, the Rhode Island Property & Casualty Insurance Guaranty Association Act (the "Act"), R.I.G.L. s. 27-34, et seq.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.4M
Investment income$390K
Other revenue
Total revenue$3.7M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$480K
Total expenses$1.6M
Total assets$17.7M
Net assets$17.7M

People

8 listed

NameRoleCompensation

Earl Cottam Chair

representing Providence Mutual Fire Ins. Co.

Board

1 hrs/wk

Jennifer Morrison Vice Board

representing Amica Mutual Insurance Company

Board

1 hrs/wk

Donald Baldini Board Member

representing Liberty Mutual Insurance Company

Board

1 hrs/wk

William Cahill Board Member

representing Vermont Mutual Insurance Co.

Board

1 hrs/wk

Laurie G Kuiper Board Member

representing Nationwide Mutual Insurance Co.

Board

1 hrs/wk

Fritz Von Mering Board Member

representing FM Global

Board

1 hrs/wk

Adam C Robitaille Board Member

representing Farmers Property & Casualty Ins Co

Board

1 hrs/wk

Joseph Torti Board Member

representing United States Fire Insurance Co

Board

1 hrs/wk

Independent contractors

Wistow Sheehan and Loveley

Legal Services

$500K

DOliveira and Associates PC

Legal Services

$190K

Details

EIN510188685
Subsection06
Ruling date1976-04
Formed1971
Employees0
Volunteers0
RHODE ISLAND PROPERTY & CASUALTY INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo