The issuance of basic property insurance and home property insurance policies is the sole business related activity of the association. Generally the policies are issued for high-risk insurers. Member property insurance companies participate collectively through their mandatory membership in the association. Assessment paid to the association by member companies are covered through adjustments to the rates for the voluntary market.
Geographies
Not indicated
Dates
Jan 1, 2022 – Dec 31, 2022
Source
990
No causes provided
No populations provided
–
$10.9M
Program 1 [2024]
The issuance of basic property insurance and home property insurance policies is the sole business related activity of the association. Generally the policies are issued for high-risk insurers. Member property insurance companies participate collectively through their mandatory membership in the association. Assessment paid to the association by member companies are covered through adjustments to the rates for the voluntary market.