NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATIONPub 78
Pub 78
AI Summary
The New Jersey Property-Liability Insurance Guaranty Association (NJPLIGA) is a nonprofit organization established under NJSA 17:30A-1 et seq. to ensure the payment of "covered claims" from insolvent insurance companies in New Jersey. With an operating budget of $90.7 million and total revenue of $88.6 million for the filing year 2024, NJPLIGA plays a critical role in safeguarding policyholders' interests within the insurance sector. More information can be found on their website at www.njguaranty.org.
Mission Statement
NJPLIGA WAS CREATED BY NJSA 17:30A-1 ET SEQ. THE STATUTE ESTABLISHES A MECHANISM FOR THE PAYMENT OF "COVERED CLAIMS" OF INSOLVENT INSURANCE COMPANIES.
Cause Areas
1
Insurance
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION’s budget?
In 2024, NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION reported an annual operating budget of around $90.7 million. More detailed financial information is available to registered users.
What causes does NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION support?
NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION supports work in Insurance.
Where does NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION operate?
NEW JERSEY PROPERTY - LIABILITY INSURANCE GUARANTY ASSOCIATION is headquartered in Basking Ridge, NJ.