Summary
The LIGA, a private insurance industry association, operates without public funding and levies annual assessments on member insurers.
LIGA's Funding and Operations
Highlights
Assessment Authority
The LIGA has the power to assess its member insurers 1% annually, calculated from the previous year's total premium for property and casualty insurance policies written in Louisiana.
Organizational Structure
Operated as a private association, the LIGA is managed by and for the insurance industry.
Funding Source
The LIGA does not receive any public funding.