2023-10-19T06:54:12-07:00 2022-12-31 990 2022-01-01 540843888 VIRGINIA AUTOMOBILE INSURANCE PLAN VIRG 4019462310 c/o AIPSO 302 CENTRAL AVENUE JOHNSTON RI 029194932 David Maynard Manager, Financial & Investment Ser 4019462310 2023-05-15 David Maynard true 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z AIPSO 302 Central Avenue Johnston RI 02919 166989 false X www.aipso.com/va X 1952 VA To provide motor vehicle insurance for those persons not able to obtain coverage in the voluntary market. 10 10 0 10 0 0 0 184593 161759 34 4686 47 544 184674 166989 0 0 25496 23493 0 0 324863 384670 350359 408163 -165685 -241174 677500 600540 957622 854782 -280122 -254242 To provide motor vehicle insurance for those persons not able to obtain coverage in the voluntary market. false false To provide motor vehicle insurance for those persons not able to obtain coverage in the voluntary market. false false false true false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false true false false false true X 0 0 0 false false false false false false false false false X 10 10 false false false false true true false true true true false false true true true true true true true false X AIPSO 4019462310 302 Central Avenue Johnston RI 029194932 X Amica Mutual Ins Co Gov Comm Member 1.00 X 0 0 0 Government Employees Ins Gov Comm Member 1.00 X 0 0 0 Progressive Cas Ins Co Gov Comm Member 1.00 X 0 0 0 Bristo West Ins-Ron Wiest Gov Comm Member 1.00 X 0 0 0 Travelers Gov Comm Member 1.00 X 0 0 0 Nationwide Mutual Ins Co Gov Comm Member 1.00 X 0 0 0 State Farm Mutual Auto Ins Co Gov Comm Member 1.00 X 0 0 0 Allstate Insurance Co Gov Comm Member 1.00 X 0 0 0 Commonwealth Ins Center-Linda Walker Gov Comm Member 1.00 X 0 0 0 Salzberg Ins Agy-Ralph Soussan Gov Comm Member 1.00 X 0 0 0 0 0 0 false false false Premiums Earned 524298 161759 0 0 161759 4686 0 0 Misc. Income 524298 228 228 0 0 Premium recovery 524298 316 316 0 0 544 166989 166989 0 0 46778 46778 0 0 -33846 -33846 0 0 10561 10561 0 0 26478 26478 0 0 32009 32009 0 0 3953 3953 0 0 2400 2400 0 0 807 807 0 0 167 167 0 0 Losses Incurred 180322 180322 0 0 LAE Incurred 38937 38937 0 0 Servicing Provider Operating 15674 15674 0 0 Commissions 17395 17395 0 0 66528 66528 0 0 408163 408163 0 0 674311 600540 3189 0 677500 600540 189842 204324 767780 650458 957622 854782 X -280122 -254242 -280122 -254242 677500 600540 X -241174 267054 X false true X true false false false false 743843 0 0 0 Due from AIP's 400525 Loss Reserve 149664 Unearned Premiums 87663 Allocated LAE 4464 Advanced Assessments 0 Premium Deficiency Reserves 8142 650458 166989 166989 166989 408163 408163 408163 Pt VI, Line 6 Members of the Plan shall consist of all insurers writing automobile insurance in the State of Virginia. Pt VI, Line 7a Members elect the Governing Body. Pt VI, Line 12c Governing Body members are required to sign a Conflict of Interest Statement annually disclosing any conflics. Pt VI, Line 15a VA AIP employees are managed and paid employees of AIPSO, Federal ID#13-2732270 Pt VI, Line 15b The compensation of all employees is reviewed and apprved by Human Resource Services and the President of AIPSO, provided that persons with conflicts of interest with respect to that compensation arrangement at issue are not involved in this review and approval. The compensation of the person is reviewed and approved using data as ato comparable compensation for similarly qualified persons in fuctionally comparable positions at similarly situated organizations. AIPSO participates in a variety of well-known regional and natinal salary surveys conducted by third party sources to obtain survey data. There is contemporaneous documentation and recordkeeping with respect to the dliberations and decisions regarding the compensation arrangement. Pt VI, Line 19 Governing documents are available on the Plans's website. Conflict of Interest Statements and Financial Statements are available upon request. Pt VI, Line 11b Form 990 is reviewed and signed by either AIPSO's Director of Financialand Investment Servies or Accounting Managers. Pt XI Other changes consist of Assessments to member insurance companies $150,835, Plan's share of the decrease in pension benefit obligation ($142,980), Change in Non Admitted Assets 259,199 Form 990, Part VI, Line 9 Amica Mut Ins Co 4701 Cox Road, Ste 230 Glen Allen VA 23060 Form 990, Part VI, Line 9 GEICO 2236 Wisteria Ln Apt 301 Virginia Beach VA 23456 Form 990, Part VI, Line 9 Progressive Cas Ins Co 625 Alpha Dr Highland Heights OH 44143 Form 990, Part VI, Line 9 21st Century Centennial Ins Co 100 Lori Lane Phoenixville PA 19460 Form 990, Part VI, Line 9 Travelers One Tower Square Hartford CT 06183 Form 990, Part VI, Line 9 Nationwide Mut Ins Co One Nationwide Plaza, 1-18-101 Columbus OH 43215 Form 990, Part VI, Line 9 State Farm Mut Auto Ins Co 975 Kelsey Drive Charlottesville VA 22903 Form 990, Part VI, Line 9 Linda Walker Commonwealth Ins. Ctr., 925 Capitol Landing Rd Ste A Williamsburg VA 23185 Form 990, Part VI, Line 9 Richard Beskin Beskin-Divers Insurance Group, 300 Southport Circle Virginia Beach VA 23452 Form 990, Part VI, Line 9 Allstate Ins Co 157 Village Green Way Hazlet NJ 07730 Form 990, Part VI, Line 9 Bristol West Ins Co 14517 Michaux Springs Pl Midlothian VA 23113 Form 990, Part VI, Line 9 Salzberg Ins Agency 249 E. Little Creek Rd Norfolk VA 23505 Form 990, Part IX, Line 24e Bad Debt 166. 166. Form 990, Part IX, Line 24e Premium Taxes 3894. 3894. Form 990, Part IX, Line 24e Management Fee 37965. 37965. Form 990, Part IX, Line 24e Miscellaneous 5. 5. Form 990, Part IX, Line 24e Third Party Admn Fees 14674. 14674. Form 990, Part IX, Line 24e Underwriting 1552. 1552. Form 990, Part IX, Line 24e Change in Premium Deficiency Reserve 8142. 8142. Form 990, Part IX, Line 24e Payroll Processing 108. 108. Form 990, Part IX, Line 24e Property Tax 22. 22. AIPSO 302 Central Ave Johnston RI 02919 132732270 Provide high quality services for the insurance residual market at the lowest possible cost. RI 501(c)(6) NA Alabama automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 636054801 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. AL 501(c)(6) NA Alaska Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 946173894 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. AK 501(c)(6) NA Arizonia Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 946173896 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. AZ 501(c)(6) NA Coloardo Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 846044145 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. CO 501(c)(6) NA Connecticut Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 136194669 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. CT 501(c)(6) NA Delaware Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 136194670 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. DE 501(c)(6) NA District of Columbia Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 521051263 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. DC 501(c)(6) NA Georgina Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 636049713 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. GA 501(c)(6) NA Idaho Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 820189450 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. ID 501(c)(6) NA Illinois Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 366076571 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. IL 501(c)(6) NA Maine Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 237174076 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. ME 501(c)(6) NA Mississippi Automobile Insuance Plan c/o AIPSO302 Central Ave Johnston RI 02919 640394072 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. MS 501(c)(6) NA Montana Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 940356023 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. MT 501(c)(6) NA New Hampshire Automobile Reinsurance Facility c/o AIPSO302 Central Ave Johnston RI 02919 132882101 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. NH 501(c)(6) NA New Jersey Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 223182137 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. NJ 501(c)(6) NA Nevada Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 942764871 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. NV 501(c)(6) NA New Mexico Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 846044143 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. NM 501(c)(6) NA New York Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 237017182 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. NY 501(c)(6) NA Oregon Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 930241646 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. OR 501(c)(6) NA Pennsylvania Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 131997551 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. PA 501(c)(6) NA Tennessee Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 636049807 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. TN 501(c)(6) NA Utah Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 876124023 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. UT 501(c)(6) NA Virginia Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 540843888 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. VA 501(c)(6) NA Washington Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 910587372 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. WA 501(c)(6) NA West Virginia Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 136194673 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. WV 501(c)(6) NA Wyoming Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 830274833 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. WY 501(c)(6) NA Vermont Automobile Insurance Plan c/o AIPSO302 Central Ave Johnston RI 02919 237234308 Make automobile insurance available for persons unable to obtain coverage in the voluntary market. VT 501(c)(6) NA false false false false false false false false false false false false false true true true false false false