Fiscal year ending 2022. Filed on October 26, 2023.
233 Mount Airy Road
Basking Ridge, New Jersey 07920
New Jersey Surplus Lines Insurance Guaranty Fund (EIN: 22-2603627) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, New Jersey Surplus Lines Insurance Guaranty Fund, a 501(c)(6) business league, reported compensation for 11 employees. Among the employees shown here, the average compensation is $198,043. The highest compensated employee at New Jersey Surplus Lines Insurance Guaranty Fund is Joseph Dellafera with fiscal year 2022 compensation of $326,911.
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NJSLIGF WAS CREATED BY NJSA 17:22-6.70 ET SEQ. THIS STATUTE ESTABLISHES A MECHANISM FOR THE PAYMENT OF "COVERED CLAIMS" OF INSOLVENT SURPLUS LINES INSURANCE COMPANIES. IT HAS BEEN FUNDED THROUGH A ONE-TIME ASSESSMENT OF ELIGIBLE SURPLUS LINES INSURERS THROUGH JULY 21, 2011, AS WELL AS A SURCHARGE ON POLICY PREMIUMS, WHICH HAS NOT BEEN ACTIVATED SINCE AUGUST 1993.
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