2024-08-08T07:40:41-07:00 2023-09-30 132732270 AIPSO 302 CENTRAL AVE JOHNSTON RI 02919 990 2022-10-01 591514873 FLORIDA AUTOMOBILE JOINT UNDERWRITING ASSOCIATION FLOR 4019462310 c/o AIPSO 302 CENTRAL AVENUE JOHNSTON RI 02919 Lisa Stoutamire General Manager 4019462310 2024-02-09 true true David Maynard P01387202 4019462310 2024-07-31 2022 2024-08-08 14:25:15Z Lisa Stoutamire 1425 Piedmont Dr E Ste 201A Tallahassee FL 32308 3084060 false X www.aipso.com/fl X 1973 FL Placement of automobile insurance for those unable to obtain coverage in the voluntary market. 11 11 4 11 0 0 0 2979046 3019788 7252 55133 23754 9139 3010052 3084060 0 0 495602 632545 0 0 2519840 1963981 3015442 2596526 -5390 487534 5020655 5058884 5440555 5155709 -419900 -96825 Placement of automobile insurance for those unable to obtain coverage in the voluntary market. false false Placement of automobile insurance for those unable to obtain 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 true false false false false false false false false false false false false false false true 2 0 true 4 true false false false false false false false false X 11 11 false false false false true true true true true false false false true true true false true true false false X AIPSO 4019462310 302 Central Avenue Johnston RI 02919 Brian FlemingTriton Claims Management LLC Chairperson 1.00 X 0 0 0 David GrantThe Hartford Gov Comm Member 1.00 X 0 0 0 Eli FeinbergEMF&Assoc Gov Comm Member 1.00 X 0 0 0 Eric HammonsState Farm Gov Comm Member 1.00 X 0 0 0 Kara HockensmithLiberty Mut Ins Gov Comm Member 1.00 X 0 0 0 Jeff RushOdiorne Ins Gov Comm Member 1.00 X 0 0 0 Carol BertholdGeico Gov Comm Member 1.00 X 0 0 0 Scott JohnsonJohnson Strategies Gov Comm Member 1.00 X 0 0 0 Norma KassnerUnited Auto Ins Co Gov Comm Member 1.00 X 0 0 0 John LusardiAllstate Ins Co Gov Comm Member 1.00 X 0 0 0 Jennifer PintacudaAAA Gov Comm Member 1.00 X 0 0 0 Lisa Stoutamire General Manager 45.00 X 185497 0 57953 Timothy Zdrazil Underwriter 40.00 X 120007 0 5384 305504 0 63337 2 false true false PREMIUMS EARNED 524298 1482288 0 0 MEMBERSHIP FEES 524298 1537500 0 0 3019788 55133 0 0 Misc. Recovery 524298 3570 3570 0 0 Late Penalty Fees 524298 5569 5569 0 0 9139 3084060 3084060 0 0 245318 0 0 0 226698 0 0 0 78531 0 0 0 53169 0 0 0 28829 0 0 0 178149 0 0 0 232377 0 0 0 86205 0 0 0 9972 0 0 0 13908 0 0 0 27407 0 0 0 17285 0 0 0 44984 0 0 0 22660 0 0 0 24528 0 0 0 Losses Incurred 467062 0 0 0 Allocated LAE Incurred 438013 0 0 0 S/C Fee Operating 284625 0 0 0 Premium Charge Offs 15151 0 0 0 101655 0 0 0 2596526 0 0 0 -124912 -304113 4776875 4865012 368692 497985 5020655 5058884 450876 421854 4989679 4733855 5440555 5155709 X -419900 -96825 -419900 -96825 5020655 5058884 X 487534 -255608 91149 X X false true X true false false false false 1537500 9972 9972 9972 Unearned Premium Reserve 708011 Loss Reserves 3124516 Premium Deficiency Reserve 184555 Unallocated LAE Reserves 45750 Allocated LAE Reserves 430539 Outstanding Drafts 61874 Escheat 748 SC Claims 177862 4733855 3084060 3084060 3084060 2596526 2596526 2596526 X false false false Lisa Stoutamire 185497 0 0 0 0 0 24851 0 34971 0 245319 0 0 0 Pt VI, Line 6 Every insurer authorized to write automobile liability insurance or automobile physical damage insurance in the State of Florida shall be a member of the Association. Pt VI, Line 7a The governing body is composed of eleven members. Six members shall be appointed by participating insurers, two of whom shall be from the insurance agents' association. Five members shall be appointed by the Insurance Commissioner, two of whom shall be chosen from the insurance industry. Pt VI, Line 7b The affirmative vote of a majority of the entire governing body shall be required to carry a proposition. Members present in person or by proxy, and representing 51% or more of the direct written premiums of all members, shall constitute a quorum at any meeting of the Association. When a quorum is present, a proposition shall be carried by a majority of the votes cast in person and by proxy. Pt VI, Line 11b Form 990 is distributed annually to the Finance/Audit Committee for review and available to the Board of Governors upon request. Pt VI, Line 12c The Board of Governors is required annually to sign a conflict of interest statement disclosing any conflicts. Pt VI, Line 15a Compensation for the General Manager is determined by recommendation from the Budget Committee with final approval by the Board of Governors. Line 15(b) does not apply because there are no other officers or key employees. Pt VI, Line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request. Pt XII, Line 2c Our Finance/Audit Committee is responsible for this process. Pt XI Line 9; Other changes in net assets or fund balances, includes net assessment $91,149. Pt XI Line 8; Prior period adjustments is an increase in nonadmitted assets.