LIGA IS AN ORGANIZATION CREATED BY THE INSURANCE GUARANTY ACT (LA. R.S. 1375-1394) TO PAY FOR THE CLAIMS OF INSOLVENT MEMBER INSURANCE COMPANIES. FUNDS ARE PROVIDED FOR THE PAYMENT OF THE CLAIMS BY THE ASSESSMENT OF THE REMAINING MEMBER INSURANCE COMPANIES. ALL ADMITTED INSURANCE COMPANIES DOING BUSINESS IN LOUISIANA ARE REQUIRED TO BE MEMBERS OF THE ASSOCIATION (EXCLUDING CERTAIN LINES OF BUSINESS EXCLUDED BY STATUTE).
Executive compensation, broken down
Form 990 · Schedule J · 5 reported individuals · Filing year 2023
- Base
- $247k
- Bonus
- $99k
- Other
- —
- Benefits
- $12k
- Base
- $154k
- Bonus
- $49k
- Other
- —
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director | $247k | $99k | — | $12k | $375k $410k |
Claims Manager key employee | $154k | $49k | — | $2k | $215k $234k |
Sr. Claim Examiner highest compensated employee | — | — | — | — | $137k $150k |
Sr. Claim Examiner highest compensated employee | — | — | — | — | $133k $145k |
Sr. Claim Examiner highest compensated employee | — | — | — | — | $117k $127k |
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 13 unpaid individuals.
Up 27%
from 2022
From $295k in 2022 to $375k in 2023.
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
LOUISIANA INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.
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