Fiscal year ending 2017. Filed on November 13, 2018.
233 Mount Airy Road
Basking Ridge, New Jersey 07920
New Jersey Property Liability Insurance Guaranty Association (EIN: 22-2559832) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, New Jersey Property Liability Insurance Guaranty Association, a 501(c)(6) business league, reported compensation for 11 out of 127 total employees. Among the employees shown here, the average compensation is $164,717. The highest compensated employee at New Jersey Property Liability Insurance Guaranty Association is Joseph Dellafera with fiscal year 2017 compensation of $264,666.
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NJPLIGA WAS CREATED BY NJSA 17:30A-1 ET SEQ. THE STATUTE ESTABLISHES A MECHANISM FOR THE PAYMENT OF "COVERED CLAIMS" OF INSOLVENT INSURANCE COMPANIES. NJPLIGA IS FUNDED THROUGH MEMBER COMPANY ASSESSMENTS. THE STATUTE REQUIRES ALL INSURANCE COMPANIES LICENSED IN THE STATE OF NEW JERSEY WHICH WRITE ANY KIND OF INSURANCE TO WHICH THE NEW JERSEY PROPERTY-LIABILITY INSURANCE GUARANTY ASSOCIATION ACT APPLIES, TO BE MEMBERS OF NJPLIGA.
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