Alabama Life & Disability Insurance

“The association's membership is comprised of all insurance companies that are licensed to write health and accident insurance, life insurance and annuity contracts within the state of alabama.”

“The association's member companies elect the members of the board of directors subject to approval of the alabama commissioner of insurance.”

“The governing body is provided a draft of the form 990 for review and approval prior to submission.”

“The board of directors annually signs the conflict of interest statement following discussion with the executive committee to identify any potential conflicts of interest.”

“The compensation committee meets prior to the annual board meeting to review the compensation of the executive director and the administrative personnel. Information from the other guaranty associations obtained from board members and public information is used to evaluate the salary ranges. The committee then discusses the employee performance for the year and determines the salary adjustments which are then documented and signed off/approved on the salary review schedules.”

“The association will: (1) make its application for the recognition of exemption and its annual information returns available for public inspection without charge at its principal offices during regular business hours, (2) make each annual information return available for a period of 3 years beginning on the date the return is required to be filed (determined with regard to any extension of time for filing) or is actually filed, whichever is later, (3) provide a copy without charge, other than a reasonable fee for reproduction and actual postage costs, of all or any part of any application or return required to be made available for public inspection to any individual who makes a request for such copy in person or in writing (except as provided in regulations sections 301.6104(d)-2 and -3), or (4) make its governing documents, conflict of interest policy and financial statements public during the year upon request as indicated above.”

“Alfa life ins, sid belcher - 2108 e south blvd, montgomery, al 36116. Protective life , mary pat lawrence - 2801 hwy 280 south, birmingham, al 35223-2407. Protective life , lydia messina - 2801 hwy 280 south, birmingham, al 35223-2407. Life ins co of al, clarence daugette - 302 broad street , gadsden , al 35901. Liberty natl life, jennifer delgiorno - 3700 s. Stonebridge drive , mckinney, tx 75070. American gen life ins, tom glasson - 10462 lanshire drive , dallas, tx 75234. American gen life ins,ted kennedy - 2342 central park circle , houston , tx 77059. Untd hlth care life, sherry gillespie - 2884 school lane , green bay , wi 54313. Metropolitan life, bernadette flynn - 200 park ave , new york , ny 10166. Dotty still - 2009 eagle ridge drive, birmingham, al 35242.”

“Change in estimated claims liabilities - net 18,892,500.”

“The financial statements are reviewed by the executive committee and presented to the board for ratification and the independent accountants are selected by the board.”