THE ASSOCIATION PROVIDES A MECHANISM FOR PAYMENT OF COVERED CLAIMS UNDER PROPERTY AND CASUALTY INSURANCE POLICIES BECAUSE OF THE INSOLVENCY OF THE INSURER AND ALSO ASSISTS IN DETECTING AND PREVENTING INSURER INSOLVENCIES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
- Base
- $165k
- Bonus
- —
- Other
- —
- Benefits
- $26k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Secretary/executive Director Officer (Unspecified) | $165k | — | — | $26k | $220k $234k |
Secretary/executive Director Officer (Unspecified) | — | — | — | — | $88k $93k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Down 34%
from 2023
From $334k in 2023 to $220k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
KENTUCKY INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about KENTUCKY INSURANCE GUARANTY ASSOCIATION
What are KENTUCKY INSURANCE GUARANTY ASSOCIATION's revenue and expenses?
In 2024, KENTUCKY INSURANCE GUARANTY ASSOCIATION reported $12.1M in total revenue and $10.7M in total expenses on its IRS Form 990.
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