2025-10-14T21:59:22-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2024-01-01 237240300 ALASKA INSURANCE GUARANTY ASSOCIATION ALAS 9073387484 1401 RUDAKOF CIRCLE ANCHORAGE AK 99508 DANA FERESTIEN CHAIR 9073387484 2025-10-14 1 0 WENDY CAMPOS P00448102 5032421447 2025-10-14 2024 2025-03-06 01:10:19Z DANA FERESTIEN 188 WEST NORTHERN LIGHTS BLVD 12TH FLOOR ANCHORAGE AK 99503 1373524 0 X N/A X 1970 AK SEE SCHEDULE O 9 9 0 9 0 0 0 0 0 300 1048624 1251952 106015 121272 1154639 1373524 0 0 0 0 0 0 0 0 0 -592174 8261 -592174 8261 1746813 1365263 38531749 39264828 15614506 14638738 22917243 24626090 SEE SCHEDULE O 0 0 CLAIMS PAID, CHANGE IN CLAIMS RESERVE AND CLAIMS ADJUSTMENTS -PAYMENT OF COVERED CLAIMS TO POLICYHOLDERS OF INSOLVENT INSURANCE COMPANIES AND TO REVERSE ASSESSMENTS. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 AK X TRICIA R BELL 9079299116 1401 RUDAKOF CIRCLE ANCHORAGE AK 99508 STACEY MATTESON CHAIR - UMIALIK INSURANCE 0.10 X X 0 0 0 DANA A FERESTIEN VICE CHAIR - ALASKA NATIONAL INS CO 0.10 X X 0 0 0 SHARIANN CALLAHAN SEC/TRES - STATE FARM MUTUAL AUTO INS CO 0.10 X X 0 0 0 STEVEN HARRIS NATIONAL UNION FIRE INS CO 0.10 X 0 0 0 JON HEDEGARD ALLSTATE PROPERTY AND CASUALTY INS 0.10 X 0 0 0 SHELLIE MARTIN TRAVELERS INDEMNITY CO 0.10 X 0 0 0 RICHARD STRUTZ PUBLIC APPOINTEE 0.10 X 0 0 0 AARON SELBURG CHURCH MUTUAL INS CO 0.10 X 0 0 0 BARBARA THURSTON PUBLIC APPOINTEE 0.10 X 0 0 0 0 0 0 0 0 0 0 NORTHERN ADJSUTERS INC 1401 RUDAKOF CIRCLE ANCHORAGE AK 99508 CLAIMS AND ADMINISTRATION 154847 1 ASSESSMENTS 524298 300 300 300 1251952 1251952 DISTRIBUTIONS 524298 121272 121272 121272 1373524 300 0 1373224 45775 CLAIMS PAID 673224 ADMINISTRATIVE COSTS 219174 CLAIMS ADJUSTMENT EXPEN 30078 CLAIMS RESERVES -959990 8261 633956 178252 814614 7370089 17561514 30386492 20591844 141212 118604 38531749 39264828 28638 12861 15585868 14625877 15614506 14638738 X 0 0 0 0 22917243 24626090 22917243 24626090 38531749 39264828 1365263 343584 0 X 0 1 X 1 0 0 INVESTMENTS - OTHER SECURITIES 20591844 C 20591844 RESERVE FOR CLAIMS 14625877 14625877 1717108 343584 343584 1373524 0 1373524 8261 0 8261 0 8261 PART X, LINE 2 RESERVE FOR CLAIMS THE ASSOCIATION ESTABLISHES RESERVES AS COVERED CLAIMS ARE REPORTED. FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION THE PURPOSE OF THE ALASKA INSURANCE GUARANTY ASSOCIATION IS TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICES TO AVOID EXCESSIVE DELAY IN PAYMENT AND, TO THE EXTENT PROVIDED UNDER THE ALASKA INSURANCE GUARANTY ACT, TO MINIMIZE FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, AND TO PROVIDE AN ASSOCIATION TO ASSESS THE COSTS OF THIS PROTECTION AMONG INSURERS. FORM 990, PART VI, SECTION A, LINE 3 ALASKA INSURANCE GUARANTY ASSOCIATION ASSIGNED SOME MANAGEMENT DUTIES TO NORTHERN ADJUSTERS, INC UNDER A CONTRACT FOR ADMINISTRATION AS ALLOWED UNDER THE GOVERNING STATUTE. THE CONTRACT IS REVIEWED ANNUALLY BY THE BOARD AND IDENTIFIED THE LEVELS OF ASSIGNED AUTHORITY. FORM 990, PART VI, SECTION A, LINE 6 THIS IS A MEMBERSHIP ORGANIZATION. EACH INSURER LICENSED TO TRANSACT THE KINDS OF INSURANCE COVERED BY AS 21.80 AND WHO WRITES SUCH INSURANCE SHALL AUTOMATICALLY BE DEEMED A MEMBER OF THE ASSOCIATION. MEMBERSHIP SHALL BE EFFECTIVE ON THE DATE THE INSURER MEETS THE STATUTORY DEFINITION OF 'MEMBER INSURER'. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD CONSISTS OF NINE MEMBERS; SEVEN ARE ELECTED BY MEMBER INSURERS, TWO ARE PUBLIC APPOINTEES BY THE DIVISION OF INURANCE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS REVIEWED BY THE CURRENT AIGA CHAIRPERSON PRIOR TO FILING. THERE IS NO WRITTEN PROCESS FOR REVIEWING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12A CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN ANNUAL BOARD MEETING BINDER, DELIVERED TO THE DIRECTOR OF THE DIVISION OF INSURANCE. FORM 990, PART VI, SECTION B, LINE 12C EACH REPRESENTATIVE OF AIGA REVIEWS AND ACKNOWLEDGES THE CONFLICT OF INTEREST POLICY BY ANNUALLY SIGNING A COPY OF THE POLICY. ANY POSSIBLE CONFLICT OF INTEREST IN THE PART OF THOSE COVERED BY THE POLICY MUST BE DISCLOSED AND MADE A MATTER OF RECORD WHEN THE INTEREST BECOMES SUBJECT TO AND REQUIRES SOME ACTION. ANY PERSON HAVING A POSSIBLE CONFLICT OF INTEREST ON A MATTER SHALL NOT VOTE, TAKE ACTION, OR ADVOCATE A POSITION TO OTHERS ON THE MATTER. THE MINUTES OF MEETINGS INVOLVING CONFLICT OF INTEREST ISSUES SHALL REFLECT ANY CONFLICT DISCLOSURE AND THE ABSTENTION FROM VOTING. ANY INSTANCE OF NONCOMPLIANCE WITH THE POLICY SHALL BE PROMPTLY REPORTED TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR VIEWING ON NCIGF WEBSITE. FORM 990, PART VI, SECTION A, LINE 9 EACH MEMBER OF THE BOARD IS A REPRESENTATIVE OF THE ELECTED MEMBER INSURER OR AN APPOINTEE WITH THEIR OWN ADDRESS. THE ADDRESS FOR THE AIGA IS THE NORTHERN ADJUSTERS, INC.