About
To provide a method of payment for certain claims against insolvent insurance companies.
Donations are NOT tax-deductible
Category
Trade Association
Financial Snapshot
FY ending 2023-12-31Financial history
1617181920212223
RevenueExpenses
Latest FY2023: $7.4M · Peak FY2016: $19.3M · Avg: $12.6M
MINNESOTA INSURANCE GUARANTY ASSOCIATION
Address
7600 Parklawn AVE STE 329
Minneapolis, MN, 55435-515
Governance
Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Public records
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