Public Charity

ALABAMA LIFE & DISABILITY INSURANCE GUARANTY ASSOCIATION

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.

EIN: 630960930 BIRMINGHAM, AL Latest filing: 2024
Total Revenue$46.8M
Total Expenses$17.7M
Total Assets$49.2M
Grant Records0
Filing Years2019–2024

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.

Officers & Directors

CHAIRMAN Alfa Life Ins Sid Belcher
DIRECTOR (11 MO) American Gen Life Insted Kennedy
DIRECTOR (1 MO) American Gen Life Ins Tom Glasson
EXECUTIVE DIRECTOR Dotty Still
DIRECTOR Liberty Natl Life Jennifer Delgiorn
SECRETARY/TREASURER Life Ins Co Of Al Clarence Daugette

Officer compensation and complete director data available with membership.

Financial Trends

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.

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