2024-07-11T07:49:18-07:00 2023-08-31 990 2022-09-01 581706135 SOUTH CAROLINA COMMERCIAL AUTOMOBILE INSURANCE PLAN SOUT 4019462310 c/o AIPSO 302 CENTRAL AVENUE JOHNSTON RI 02919 David Maynard Manager,Financial & Investment Serv 4019462310 2024-06-21 David Maynard true 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Charles Kwolek 302 Central Ave Johnston RI 02919 47256 false X www.aipso.com/sc X 1986 SC Placement of automobile insurance for those who hold commercial vehicles and are unable to get coverage in the voluntary market. 9 9 0 9 0 0 0 45761 45045 525 2011 436 200 46722 47256 0 0 25782 27713 0 0 5754 26440 31536 54153 15186 -6897 217266 126666 230078 99504 -12812 27162 Placement of automobile insurance for those who hold commercial vehicles and are unable to get coverage in the voluntary market. false false Placement of automobile insurance for those who hold commercial vehicles and are unable to get coverage in the voluntary market. false false false true false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false true false false true 0 0 0 false false false false false false X 9 9 false false false false true true false true true true false false true true true true true true true false X AIPSO 4019462310 302 Central Avenue Johnston RI 02919 X SC Farm Bureau Mutual Gov Comm Member 0.10 X 0 0 0 Progressive Ins Co Gov Comm Member 0.10 X 0 0 0 Nationwide Insurance Co Gov Comm Member 0.10 X 0 0 0 Tom EllisPIA of SC Gov Comm Member 0.10 X 0 0 0 Tommy BoggsHub Int'l Gov Comm Member 0.10 X 0 0 0 The Hartford Gov Comm Member 0.10 X 0 0 0 State Farm Ins Co Gov Comm Member 0.10 X 0 0 0 Custom AssuranceHarold Adams Gov Comm Member 0.10 X 0 0 0 Travelers Gov Comm Member 0.10 X 0 0 0 false false false Premiums earned 524298 45045 0 0 45045 2011 0 0 Late fees 524298 200 200 0 0 200 47256 47256 0 0 27587 27587 0 0 126 126 0 0 17328 17328 0 0 620 620 0 0 52 52 0 0 57 57 0 0 Admin Exp Allowance 3900 3900 0 0 Commissions 1625 1625 0 0 Premium Tax 4181 4181 0 0 Unallocated LAE Allowance 2250 2250 0 0 -3573 -3573 0 0 54153 54153 0 0 180716 90209 36391 36384 159 73 217266 126666 85907 16475 144171 83029 230078 99504 X -12812 27162 -12812 27162 217266 126666 X -6897 46871 X false true X true false false true false Loss reserves 62944 Unearned premiums 16708 Allocated LAE reserves 3377 83029 47256 47256 47256 54153 54153 54153 Pt VI, Line 11b Form 990 is reviewed and signed by either AIPSO's Manager or Director of Financial and Investment Services. Pt VI, Line 12c Governing Body members are required annually to sign a Conflict of Interest Statement disclosing any conflicts. Pt VI, Line 15a SC CAIP employees are managed and paid employees of AIPSO, Federal ID#13-2732270. Pt VI, Line 15b The compensation of employees is reviewed and approved by Human Resources and the President of AIPSO, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. AIPSO participates in a variety of well- known regional and national salary surveys conducted by third party sources to obtain survey data. There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement. Pt VI, Line 19 Governing documents are available on the Plan's website. Conflict of Interest Statements and Financial Statements are available upon request. Pt VI, Line 6 Every insurer writing direct commercial automobile insurance in South Carolina shall be a member company of the Plan. Pt VI, Line 7a Various trade associations elect the governing body which is composed of 10 members. One seat is vacant. Pt XI Line 9; Other changes consist of a Change in Settlement totaling $47,202 and Loss from changes in pension obligation other than net periodic cost ($331). Form 990, Part VI, Line 9 SC Farm Bureau Mutual Ins PO Box 2121 West Columbia SC XXX-XX-XXXX Form 990, Part VI, Line 9 Progressive Ins Co 625 Alpha Drive Highland Heights OH 44143 Form 990, Part VI, Line 9 State Farm Ins Co 3 Ravinia Drive Dunwoody GA XXX-XX-XXXX Form 990, Part VI, Line 9 Hub Int'l/Tommy Boggs 4701 Wrenwood Lane Columbia SC 29206 Form 990, Part VI, Line 9 Nationwide Ins Co 1 Nationwide Plaza(3-09-201) Columbus OH 33215 Form 990, Part VI, Line 9 PIA of SC/Tom Ellis PO Box 21367 Columbia SC 29221 Form 990, Part VI, Line 9 The Hartford 13850 Ballantyne Corp Pl,Ste 200 Charlotte NC 28277 Form 990, Part VI, Line 9 Travelers 1 Tower Square, 11MN-524 Hartford CT XXX-XX-XXXX Form 990, Part VI, Line 9 Custom Assurance Placements/Harold Adams PO Box 5736 Columbia SC XXX-XX-XXXX Connecticut Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 136194669 Make automobile insurance available for persons unable to obtain coverage in the voluntary market CT 501(c)(6) n/a Alabama Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 636054801 Make automobile insurance available for persons unable to obtain coverage in the voluntary market AL 501(c)(6) n/a Tennessee Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 636049807 Make automobile insurance available for persons unable to obtain coverage in the voluntary market TN 501(c)(6) n/a Mississippi Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 640394072 Make automobile insurance available for persons unable to obtain coverage in the voluntary market MS 501(c)(6) n/a New York Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 237017182 Make automobile insurance available for persons unable to obtain coverage in the voluntary market NY 501(c)(6) n/a false false false false false false false false false false false false false false false false false false false