Based in OKLAHOMA CITY, OK, OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION operates as a Public Charity. The organization reported $19.4M in revenue, $19.8M in expenses, $63.9M in total assets for fiscal year 2024.
THE ASSOCIATION, AS A NONPROFIT ACTING ON BEHALF OF ITS MEMBER INSURERS, PROVIDES A MECHANISM TO PAY COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN PAYMENT, TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, AND TO PROVIDE AN ASSOCIATION TO ASSESS THE COST OF PROTECTION AMONG INSURERS. OKLAHOMA STATUTE, TITLE 36, SECTION 2002.A
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $19.4M | $19.8M | $63.9M |
| 2023 | $2.0M | $9.2M | $64.4M |
| 2022 | $943K | $3.5M | $71.5M |
| 2021 | $8.4M | $3.9M | $74.1M |
| 2020 | $4.9M | $4.4M | $69.5M |
Between 2020 and 2024, reported annual revenue grew from $4.9M to $19.4M (+293%), with total assets most recently reported at $63.9M.
Interactive year-over-year charts and full filing details available with membership.
