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 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $247k
- Bonus
- $99k
- Other
- —
- Benefits
- $12k
- Base
- $154k
- Bonus
- $49k
- Other
- —
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director Above 90th percentile | $247k | $99k | — | $12k | $375k $410k |
Claims Manager Key Employee Median to 75th percentile | $154k | $49k | — | $2k | $215k $234k |
Sr. Claim Examiner Highest Compensated Employee 25th percentile to median | — | — | — | — | $137k $150k |
Sr. Claim Examiner Highest Compensated Employee 25th percentile to median | — | — | — | — | $133k $145k |
Sr. Claim Examiner Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $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.
Highest Compensated Employee pay fell 29% from 2022 to 2023, while revenue fell 26%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
LOUISIANA INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about LOUISIANA INSURANCE GUARANTY ASSOCIATION
What does the Chief Executive Officer of LOUISIANA INSURANCE GUARANTY ASSOCIATION earn?
In 2023, the Chief Executive Officer of LOUISIANA INSURANCE GUARANTY ASSOCIATION received $375,199 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LOUISIANA INSURANCE GUARANTY ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at LOUISIANA INSURANCE GUARANTY ASSOCIATION falls in the top 10%.
What are LOUISIANA INSURANCE GUARANTY ASSOCIATION's revenue and expenses?
In 2023, LOUISIANA INSURANCE GUARANTY ASSOCIATION reported $213.4M in total revenue and $339.9M in total expenses on its IRS Form 990.
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