Mission
PROVIDING PAYMENTS TO OR ON BEHALF OF POLICYHOLDERS OF INSOLVENT INSURANCE COMPANIES & PROVIDING CONTINUED COVERAGE FOR POLICYHOLDERS BY NEGOTIATING REINSURANCE AGREEMENTS OR PROVIDING ADMINISTRATIVE SERVICES.
ALABAMA LIFE & DISABILITY INSURANCE GUARANTY ASSOCIATION is a Public Charity headquartered in BIRMINGHAM, AL. Financial data from the 2024 filing: $46.8M revenue, $17.7M expenses, $49.2M total assets.
PROVIDING PAYMENTS TO OR ON BEHALF OF POLICYHOLDERS OF INSOLVENT INSURANCE COMPANIES & PROVIDING CONTINUED COVERAGE FOR POLICYHOLDERS BY NEGOTIATING REINSURANCE AGREEMENTS OR PROVIDING ADMINISTRATIVE SERVICES.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $46.8M | $17.7M | $49.2M |
| 2023 | $6.1M | $5.8M | $20.1M |
| 2022 | $365K | $2.0M | $20.6M |
| 2020 | $525K | $2.0M | $24.6M |
| 2019 | $1.1M | $2.0M | $27.2M |
Between 2019 and 2024, reported annual revenue grew from $1.1M to $46.8M (+4282%), with total assets most recently reported at $49.2M.
Interactive year-over-year charts and full filing details available with membership.