2011-08-15T09:07:37-05:00 2010-12-31 PMB Helin Donovan LLP 5918 W Courtyard Dr Suite 500 Austin TX 78730 990 2010-01-01 746252674 Texas Life Accident Health & Hospital Service Insurance Guaranty Association TEXA 8009826362 515 Congress Ave No 1875 Austin TX 78701 Bart A Boles 5124765101 2011-08-15 1 Wallace F Helin 5122589670 2010 2016-02-24 21:20:13Z X Bart A Boles 515 Congress Ave No 1875 Austin TX 78701 20138280 0 X http://www.txlifega.org X 1973 TX Protect TX policyholders of insolvent insurance companies that are liquidated by a court. 9 9 5 0 0 0 0 0 -20616179 18985714 716906 1152566 0 0 -19899273 20138280 0 0 0 0 447029 433811 0 0 0 -12516543 21195979 -12069514 21629790 -7829759 -1491510 276274561 268418621 260097744 254386643 16176817 14031978 The Association was established by Chapter 463 of the Texas Insurance Code to provide certain protections to life, health and annuity Texas resident policyholders in the event their insurance company is found to be impaired or insolvent and ordered liquidated by a court. 0 0 21629790 20138280 During 2010, the Texas Life, Accident, Health and Hospital Service Insurance Guaranty Association provided certain protections of insurance policy obligations to the Texas policyholders of insolvent or impaired insurance companies in accordance with Chapter 463 of the Texas Insurance Code. 21629790 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 1 0 0 0 0 0 0 0 0 0 1 21 0 1 5 1 0 0 0 0 0 0 X 9 9 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Bart A Boles 8009826362 515 Congress Ave Ste 1875 Austin TX 78701 Ronald J Welch 4.00 X 0 0 0 Wilda F Meixner 2.00 X 0 0 0 Thomas Munson 4.00 X 0 0 0 James Harrison 2.00 X 0 0 0 John Henry McDonald 2.00 X 0 0 0 David Kester 2.00 X 0 0 0 Dean Frigo 2.00 X 0 0 0 Deborah Long 2.00 X 0 0 0 James Lewis 2.00 X 0 0 0 Bart A Boles 40.00 X X X 178449 0 16500 178449 0 16500 1 0 1 0 0 Changes in Unbilled As 900099 8581051 8581051 Estate Recoveries 900099 6532077 6532077 Collected Premiums 900099 6491402 6491402 Change in Proofs of Cl 900099 -2618816 -2618816 18985714 1151186 1151186 1380 1380 1380 1380 20138280 18985714 0 1152566 178449 167092 11378 52175 24717 1656422 151704 34772 115220 53324 64907 19375 27086 212561 13343 8712 Payments Discharging Ob 22528384 National Insolvency Tas 2047172 Refund of Assessments 0 Changes in Insurance Ob -5737003 21629790 440561 249130 4320794 10866061 187896958 196478010 72967 77313 2618816 178544 96986 28081 81558 80601969 60464160 294415 202389 276274561 268418621 844005 869906 259253739 253516737 260097744 254386643 X 16176817 14031978 16176817 14031978 276274561 268418621 X -1491510 -653330 X 0 1 1 X 0 5847 195 5652 172697 96791 75906 81558 Assessment Credit Card Balance 4015933 Insurance Contractual Obligations 249500804 253516737 20138280 21629790 -1491510 -653330 -653330 -2144840 20791610 653330 653330 20138280 0 20138280 21629790 0 21629790 0 21629790 X X X X X 0 0 0 Bart A Boles 178449 0 0 0 0 0 16500 0 0 0 194949 0 183224 0 James Harrison Director 41062 James Harrison serves as a Director on the Board of the Association. James is also an employee of Principal Financial Group who owns Principal Life Insurance Company. Principal Life provided the Association medical and dental insurance coverage for its employees in 2010. The transaction was brokered at arm's length and Mr. Harrison was not personally involved. The Association requests Texas Life Accident, Health and Hospital Service Insurance Guaranty Association quotes through its agent at least every two years. 0 Form 990, Part VI, Section A, line 6 The Association's membership is comprised of all life, health, annuity and hospital service insurance companies licensed in the State of Texas Department by the Texas Department of Insurance to write life, health and annuity policies as set out in Section 463.052 of the Texas Insurance Code. Form 990, Part VI, Section B, line 11 The form 990 with all its completed schedules, is prepared by the accounting department and reviewed by the Executive Director. The form and schedules are then sent to an independent CPA firm for review. The form and schedules are provided to the Board of Directors and counsel and reviewed at a Board meeting. Once reviewed by both the CPA firm and the Board, the return is filed prior to the deadline. Form 990, Part VI, Section B, line 12c The Association annually distributes its Business Ethics and Conflict of Interest policy and questionnaires to staff, Board members, vendors and party having business with the Association. These forms are designed to disclose any conflicts from the recipients. The questionnaires are signed and returned to the Association and reviewed by the Executive Director. The results are reported to the Board of Directors at its next scheduled meeting. Form 990, Part VI, Section B, line 15 Each employee's compensation is reviewed by the Executive Director annually using comparable data developed for the Association by an independent consultant and reviewed and approved by the Board of Directors. The Executive Director provides a formal evaluation to each employee that includes compensation changes. The Personnel Committee reviews the Executive Director's performance and compensation annually and presents its recommendations to the Board. All compensation adjustments are reviewed by the Board of Directors as part of the budget approval process. Form 990, Part VI, Section C, line 19 The Association is subject to the Texas Open Meetings and the Texas Open Records Acts. The public may request any record by following the appropriate steps as outlined by the Acts that is not specifically excluded by law. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Unrealized gains (losses) on investments. -653,330. Total to Form 990, Part XI, Line 5: -653,330.