2025-07-14T09:44:34-07:00 2024-12-31 990 2024-01-01 741956695 TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION TEXA 5123459335 8911 N CAPITAL OF TEXAS HWY BLDG 2 AUSTIN TX 78759 John DAmato Chief Financial Officer 5123459335 2025-05-09 1 2024 2025-03-06 01:10:19Z X MARK TSUTSUI 8911 N CAPITAL OF TEXAS HWY BLDG 2 STE 2200 AUSTIN TX 78759 94063696 0 X www.tpciga.org X 1971 TX We are an insurance safety net and partner in the insolvency system, fairly serving the people of Texas in an efficient and cost-effective way. 7 7 47 7 0 0 0 0 149617629 77082069 14203709 16981627 0 0 163821338 94063696 0 0 0 0 4763187 5347891 0 0 0 106158333 57270156 110921520 62618047 52899818 31445649 517988699 546786939 361871665 309299439 156117034 237487500 We are an insurance safety net and partner in the insolvency system, fairly and promptly serving the people of Texas. 0 0 54938938 0 77082069 Payment of covered claims of Texas policyholders. We are an insurance safety net and partner in the insolvency system, fairly and promptly serving the people of Texas. 0 0 0 54938938 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 837 0 1 47 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 X X John J D'Amato 5123459335 8911 N CAPITAL OF TEXAS HIGHWAY BLDG 2 STE 2200 AUSTIN TX 78759 John J D'Amato Chief Financial Officer 40 0 X 255651 0 0 Gary Vieira Director of Information Technology 40 0 X X 214405 0 0 Annette Evans Claims Director 40 0 X 208075 0 0 Amber Walker Claims Attorney 40 0 X X 186992 0 0 Makoto Tsutsui Executive Director 40 0 X 181357 0 0 David W Nardecchia Executive Director 40 0 X X 152364 0 0 Thathiana Bermudez HR Director 40 0 X 137439 0 0 Adnan Yasin IT Director 40 0 X 24063 0 0 Ty Collin Simmons Board Chair 1 0 X 0 0 0 Michael F Gerik Vice Chair 1 0 X 0 0 0 Levi Steve Holt Board Member 1 0 X 0 0 0 Norma Garcia Board member 1 0 X 0 0 0 Angela Doss Board Member 1 0 X 0 0 0 Chris Merideth Board Member 1 0 X 0 0 0 Karen Phillips Board Member 1 0 X 0 0 0 1360346 0 0 15 1 1 0 CPR INSURANCE GROUP LLC 600 E JOHN CARPENTER FRWY STE 365 IRVING TX 75062 CLAIMS PROCESSING 5121282 THE WILLIS LAW GROUP PLLC 1985 FOREST LANE STE 520 GARLAND TX 75042 LEGAL SERVICES 1222402 CRAWFORD & COMPANY 1503 LBJ FRWY STE 600 FARMERS BRANCH TX 75234 CLAIMS ADJUSTMENT SERVICES 1163899 MEHAFFY WEBER PO BOX 16 BEAUMONT TX 77704 LEGAL SERVICES 1114648 HAMMERMANN AND GAINER LLC 2400 VETERANS MEMORIAL STE 510 KENNER LA 70062 CLAIMS ADJUSTMENT SERVICES 989686 14 0 Estate Distributions 524298 76370948 76370948 0 0 Assessments 524298 -622594 -622594 0 0 Subrogation 524298 1333715 1333715 0 0 0 0 0 0 77082069 16981627 16981627 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 94063696 94063696 0 0 0 0 0 0 0 0 0 0 1360347 0 1360347 0 0 0 0 0 2865658 0 2865658 0 267868 0 267868 0 545373 0 545373 0 308645 308645 0 118732 118732 0 109033 109033 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 233183 0 233183 0 443493 0 443493 0 0 0 0 0 773863 0 773863 0 23998 0 23998 0 0 0 0 0 195450 0 195450 0 0 0 0 0 0 0 0 0 83197 0 83197 0 135499 0 135499 0 Claims Paid 54938938 54938938 0 0 Education & Staff Development 49121 0 49121 0 Contract Labor 151678 0 151678 0 Employee Relations & Property Taxes 13971 0 13971 0 0 0 0 62618047 54938938 7679109 0 0 95543125 112241359 0 0 2166386 1440717 0 0 0 0 0 0 0 0 0 0 1565270 1285132 212823 280138 420066365 432824725 0 0 0 0 517988699 546786939 43113283 43500146 0 0 0 0 0 0 0 0 0 0 0 0 0 0 318758382 265799293 361871665 309299439 X 156117034 237487500 0 0 156117034 237487500 517988699 546786939 X 31445649 0 0 0 0 49924817 X 1 X 1 X 1 0 0 0 0 0 0 0 0 26828 0 447 26381 1538442 0 1284685 253757 0 0 0 0 280138 0 Unpaid Losses and Loss Adjustment Expenses 264516794 Return Premium Payable 1282499 265799293 94063696 0 0 0 0 0 94063696 0 0 0 94063696 62618047 0 0 0 0 0 62618047 0 0 0 62618047 X X 0 0 0 John J D'Amato Chief Financial Officer 255651 0 0 0 0 0 0 0 0 0 255651 0 0 0 Annette Evans Claims Director 208075 0 0 0 0 0 0 0 0 0 208075 0 0 0 David W Nardecchia Executive Director 152364 0 0 0 0 0 0 0 0 0 152364 0 0 0 Makoto Tsutsui Executive Director 181357 0 0 0 0 0 0 0 0 0 181357 0 0 0 Gary Vieira Director of Information Technology 214405 0 0 0 0 0 0 0 0 0 214405 0 0 0 Amber Walker Claims Attorney 186992 0 0 0 0 0 0 0 0 0 186992 0 0 0 Thathiana Bermudez HR Director 137439 0 0 0 0 0 0 0 0 0 137439 0 0 0 Adnan Yasin IT Director 24063 0 0 0 0 0 0 0 0 0 24063 0 0 0 Schedule J, Part I, Line 3 The Board of Directors determine the frequency of salary surveys and the process covers all employees of the Association. Form 990, Part VI, Section A, Line 6 All licensed property and casualty insurance companies operating in the state of Texas. Form 990, Part VI, Section A, Line 7a All licensed property and casualty insurance companies operating in the state of Texas. Form 990, Part VI, Section A, Line 7b All licensed property and casualty insurance companies operating in the state of Texas. Form 990, Part VI, Section A, Line 9 Ty Collin Simmons, Vice President, General Counsel & Secretary, 222 Las Colinas Blvd. W., Ste 1300, Irving, Texas 75039; Michael F. Gerik, Executive Vice President, Texas Farm Bureau Mutual Insurance Company, P.O. Box 2689, Waco, TX 76702; Levi Steve Holt, 211 Hart Court, Runaway Bay, TX 76426; Norma Garcia, 5905 Cannon Mountain Dr, Austin, TX 78749; Angela A. Doss, Senior Director Government Relations, Nationwide Insurance, 7339 E Williams Dr, Scottsdale, AZ, 85255; Chris Merideth, Legislative Affairs Manager, Farmers Insurance, 924 Bayonne Bridge Court, Edmond, OK 73034; Karen Phillips, 3905 Petra Path, Austin, TX 78731. Form 990, Part VI, Section B, Line 11b The audited financial statements are the documents used for completing the form 990. The form 990 is provided to all the Board of Directors prior to the filing for their review and any comments they may have. Form 990, Part VI, Section B, Line 12c Conflict of Interest questionnaires are required to be completed by the Board of Directors and all employees of the Association as part of the annual financial audit process. Form 990, Part VI, Section B, Line 15 The Board of Directors determine when salary and compensation survey is conducted. This survey covers all employees including the Executive Director. Form 990, Part VI, Section C, Line 19 The audited financial statements are available online at the Association's website. All other documents are available upon request. Form 990, Part XI, Line 9 Unpaid Claims $52,959,090; Unrealized Loss -$3,370,706; Other Comprehensive Income $557,758 An extension was filed and granted by the IRS prior to the filing deadline of May 15, 2025. The extension was to give the Board of Directors ample time to review and approve the form 990 before filing.