2026-08-11T10:16:57-05:00 2025-12-31 593186310 THOMAS HOWELL FERGUSON PA 2615 CENTENNIAL BLVD SUITE 200 TALLAHASSEE FL 32308 990 2025-01-01 591378046 FLORIDA INSURANCE GUARANTY ASSOCIATION INC FLOR 8503869200 PO BOX 14249 TALLAHASSEE FL 323174249 ROBERT L RICKER EXECUTIVE DIRECTOR 8503869200 2026-08-03 1 BENJAMIN MOON P01917062 8506688100 2025 2025-03-06 01:10:19Z ROBERT L RICKER PO BOX 14249 TALLAHASSEE FL 323174249 5019362482 0 X WWW.FIGAFACTS.COM X 1970 FL TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS OF INSOLVENT INSURERS AND TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES. 9 9 25 9 0 0 0 0 0 0 27520193 27706459 798093119 458209511 825613312 485915970 0 0 0 0 6530054 5451962 0 0 0 536213819 183379602 542743873 188831564 282869439 297084406 827340191 1003104919 560366818 439047140 266973373 564057779 TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS OF INSOLVENT INSURERS AND TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES. 0 0 THE ASSOCIATION PAYS THE COVERED CLAIMS OF INSOLVENT INSURERS AND ASSISTS IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES. IN 2025, THERE WERE 4,403 CLAIMS. THERE ARE APPROXIMATELY 802 MEMBERS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 448 0 25 1 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X ROBERT L RICKER 8503869200 1400 OVEN PARK DRIVE TALLAHASSEE FL 32308 KIMBERLY BLACKBURN CHAIR 2.00 X 0 0 0 BRENT BRUMMER DIRECTOR 2.00 X 0 0 0 BENJAMIN TREUIL DIRECTOR 2.00 X 0 0 0 JON RICHIE DIRECTOR 2.00 X 0 0 0 MICHAEL DOBSON DIRECTOR 2.00 X 0 0 0 RYAN WEST DIRECTOR 2.00 X 0 0 0 CHARLES LYDECKER DIRECTOR 2.00 X 0 0 0 TOM GALLAGHER DIRECTOR 2.00 X 0 0 0 TASHA CARTER DIRECTOR 2.00 X 0 0 0 ROBERT RICKER EXECUTIVE DIRECTOR 32.00 X 277760 0 30601 STEVEN BROWN CHIEF OPERATING OFFICER 32.00 X 189634 0 37140 WILLIAM HUGHES VP OF CLAIMS 30.00 X 138797 0 25682 LENOX GODFREY CLAIMS DIRECTOR 40.00 X 163270 0 25966 VERONICA DEGRAFF HR DIRECTOR 30.00 X 109968 0 23136 ELIZABETH FRISBIE CONTROLLER 30.00 X 105916 0 22758 MICHELLE CAMPOS CLAIMS MANAGER 40.00 X 123215 0 26861 ANDREW HARRIS IT MANAGER 30.00 X 102869 0 9687 1211429 0 201831 9 0 1 0 QUINTAIROS PRIETO WOOD AND BOYER PA 9300 S DADELAND BLVD 4TH FL MIAMI FL 33156 LEGAL SERVICES 3437316 VERNIS AND BOWLING 1680 NE 135TH ST 2ND FLOOR NORTH MIAMI FL 331811748 LEGAL SERVICES 2382358 COLE SCOTT AND KISSANE PA 9150 SOUTH DADELAND BLVD SUITE 1400 MIAMI FL 33156 LEGAL SERVICES 2344374 WILLIAMS CHARTERED PA 222 PASADENA PLACE ORLANDO FL 32803 LEGAL SERVICES 2214770 HD LAW PARTNERS PA 2002 N LOIS AVE SUITE 510 TAMPA FL 33607 LEGAL SERVICES 2110189 41 27706459 27706459 4533446512 4533446512 0 ASSESSMENTS 524298 337068200 337068200 REIMBURSEMENT FOR CLAIMS 524298 120415627 120415627 REIMBURSEMENT FOR HANDLING EXPENS 524298 725684 725684 458209511 485915970 458209511 0 27706459 699613 4207008 106647 291455 147239 190753 86612 6381 221049 78984 105563 524722 43213 42226 19953702 93826 20575 CLAIMS PAID 161796674 DUES & SUBSCRIPTIONS 196384 TAXES & LICENSES 18938 188831564 364230716 627779137 280280000 286000000 2645014 1380666 859054 1264348 179293529 86009139 2676892 2052295 827340191 1003104919 553063642 433679922 7303176 5367218 560366818 439047140 X 266973373 564057779 266973373 564057779 827340191 1003104919 297084406 0 X 0 1 X 1 0 0 0 0 6381 6381 6381 310000 310000 883463 422828 460635 177663 136845 40818 1237615 785612 452003 36273 35381 892 1264348 ACCRUED INTEREST 5367218 5367218 X 485694921 0 485694921 221049 221049 485915970 188610515 0 188610515 221049 221049 188831564 PART X, LINE 2: WITH FEW EXCEPTIONS, THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY MAJOR TAX JURISDICTIONS FOR YEARS ENDED DECEMBER 31, 2021 AND PRIOR. X X X X 0 0 0 ROBERT RICKER EXECUTIVE DIRECTOR 252560 0 25200 0 0 0 16280 0 14321 0 308361 0 0 0 STEVEN BROWN CHIEF OPERATING OFFICER 180634 0 9000 0 0 0 15120 0 22020 0 226774 0 0 0 LENOX GODFREY CLAIMS DIRECTOR 155520 0 7750 0 0 0 13004 0 12962 0 189236 0 0 0 WILLIAM HUGHES VP OF CLAIMS 133547 0 5250 0 0 0 11060 0 14622 0 164479 0 0 0 MICHELLE CAMPOS CLAIMS MANAGER 117465 0 5750 0 0 0 9826 0 17035 0 150076 0 0 0 A SERIES 2023A-1 ASSESSMENT REVENUE BOND 923194486 34074EAB5 2023-07-01 115765000 PAY COVERED CLAIMS AND REPAY OUTSTANDING DEBTS 0 0 0 B SERIES 2023A-1 ASSESSMENT REVENUE BOND 923194486 34074EAC3 2023-07-01 121905000 PAY COVERED CLAIMS AND REPAY OUTSTANDING DEBTS 0 0 0 C SERIES 2023A-1 ASSESSMENT REVENUE BOND 923194486 34074EAD1 2023-07-01 100000000 PAY COVERED CLAIMS AND REPAY OUTSTANDING DEBTS 0 0 0 D SERIES 2023A-1 ASSESSMENT REVENUE BOND 923194486 34074EAE9 2023-07-01 77125000 PAY COVERED CLAIMS AND REPAY OUTSTANDING DEBTS 0 0 0 A 115765000 119313225 88246728 29415576 2023 0 0 1 1 B 125641417 933411 92927201 30975734 1380560 2023 0 0 1 1 C 103065024 765687 76229196 25409732 1132489 2023 0 0 1 1 D 79488900 590536 58791767 19597256 873432 2023 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 A SERIES 2023A-2 ASSESSMENT REVENUE BOND 923194486 34074EAF6 2023-07-01 125000000 PAY COVERED CLAIMS AND REPAY OUTSTANDING DEBTS 0 0 0 A 128831280 957109 95286495 31762165 1415611 2023 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART V, LINE 2A: PER IRC SECTION 3121, IF TWO OR MORE RELATED CORPORATIONS CONCURRENTLY EMPLOY THE SAME INDIVIDUAL AND COMPENSATE SUCH INDIVIDUAL THROUGH A COMMON PAYMASTER, EACH CORPORATION SHALL BE CONSIDERED TO HAVE PAID AS REMUNERATION TO SUCH INDIVIDUAL ONLY THE AMOUNTS ACTUALLY DISBURSED. EMPLOYEES ARE PROVIDED BY AMERICAN GUARANTY FUND GROUP, INC. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION ENTERED INTO AN AGREEMENT WITH AMERICAN GUARANTY FUND GROUP, INC. TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ASSOCIATION ARE ALL INSURERS THAT PROVIDE PROPERTY AND CASUALTY COVERAGES IN THE STATE OF FLORIDA. FORM 990, PART VI, SECTION A, LINE 7A APPOINTMENTS TO THE BOARD OF DIRECTORS ARE MADE BY THE FLORIDA DEPARTMENT OF FINANCIAL SERVICES UPON RECOMMENDATION OF MEMBER INSURERS PURSUANT TO FLORIDA LAW. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD ANNUALLY DETERMINES THE NEED FOR AN ASSESSMENT. HOWEVER, THE INSURANCE COMMISSIONER OF THE STATE OF FLORIDA ACTUALLY LEVIES THE ASSESSMENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND ACCOMPANYING SCHEDULES ARE REVIEWED BY THE DIRECTOR OF OPERATIONS AND THE EXECUTIVE DIRECTOR BEFORE THE RETURN IS FINALIZED BY THE INDEPENDENT TAX PREPARER. ALL MEMBERS OF THE BOARD ARE PROVIDED A DRAFT COPY AND THE FINANCE & AUDIT COMMITTEE IS RESPONSIBLE FOR REVIEWING AND COMMENTING ON BEHALF OF THE BOARD PRIOR TO THE FILING WITH THE INTERNAL REVENUE SERVICE. IT SHALL BE DEEMED SUFFICIENT FOR THE EXECUTIVE DIRECTOR TO PROVIDE A DRAFT COPY TO ALL FINANCE & AUDIT COMMITTEE MEMBERS BY EMAIL, AND ADVISE THAT APPROVAL IS IMPLIED BY A NON-RESPONSE TO THE MAIL. THE EXECUTIVE DIRECTOR SHALL PROVIDE EVIDENCE IN THE FORM 990 FILE THAT THIS POLICY HAS BEEN COMPLIED WITH AND RETAIN COPIES OF ALL CORRESPONDENCE, QUESTIONS AND OBJECTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE DIRECTOR PROVIDES A COPY OF THE CONFLICT OF INTEREST AND ETHICS POLICY TO EVERY DIRECTOR, OFFICER, EMPLOYEE OR REPRESENTATIVE OF FIGA. ALL EMPLOYEES ARE REQUIRED TO ANNUALLY COMPLETE A TRAINING PROGRAM AND UPDATE AND SIGN THE POLICY. BOARD MEMBERS ANNUALLY COMPLETE A CERTIFICATION DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST AFTER REVIEWING THE VENDOR LISTING. THE "ANTI-TRUST POLICY" IS READ BEFORE THE START OF EACH FIGA MEETING TO REMIND PARTICIPANTS THAT THE POLICY IS ENFORCED AND TO ENSURE THAT THE CONDUCT OF THE MEETING CONFORMS TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A FIGA'S EXECUTIVE COMPENSATION PACKAGE, INCLUDING BASE SALARY, BONUSES AND BENEFITS, WILL BE DECIDED BY THE "COMPENSATION COMMITTEE," MADE UP OF INDEPENDENT DIRECTORS WHO DO NOT HAVE ANY PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENT. IN ORDER TO ENSURE REASONABLE COMPENSATION, THE COMPENSATION COMMITTEE WILL OBTAIN COMPENSATION COMPARABILITY DATA FOR THE POSITION. THE MOST RECENT COMPENSATION COMPARISION WAS PERFORMED IN 2022 BY THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE PERFORMS THIS COMPARISON PERIODICALLY. PAY GRADES AND COMPENSATION MID-POINTS WERE REVISED AS A RESULT OF THE 2022 COMPENSATION STUDY. THE COMPARABILITY DATA MAY BE BASED ON INDUSTRY SURVEYS, USE OF A COMPENSATION CONSULTANT AND DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS FROM FORM 990 OF OTHER ORGANIZATIONS. THE BASIS FOR THE DETERMINATION WILL BE DOCUMENTED AND INCLUDE THE TERMS OF THE APPROVED TRANSACTIONS AND THE DATE APPROVED, THE MEMBERS OF THE COMPENSATION COMMITTEE WHO VOTED ON THE DECISION, THE COMPARABILITY DATA THAT WAS RELIED ON AND HOW THE DATA WAS OBTAINED. THE EXECUTIVE DIRECTOR HAS THE AUTHORITY TO SET COMPENSATION FOR ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FIGA OPERATES UNDER THE FLORIDA SUNSHINE LAW AND ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BY ANY MEMBER OF THE PUBLIC. REGULATION SECTION 1.263(A)-1(F) - DE MINIMIS SAFE HARBOR ELECTION TAXPAYER NAME: FLORIDA INSURANCE GUARANTY ASSOCIATION, INC. TAXPAYER ADDRESS: P.O. BOX 14249, TALLAHASSEE, FL 32317-4249 TAXPAYER ID NUMBER: 59-1378046 YEAR-END: 12/31/25 UNDER IRC REGULATION SECTION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION.