American Chambers Life (OH)

Premium Payments Distributed

Antares Management Solutions, the guaranty associations' claims administrator, made an initial distribution of guaranty association premiums the week of October 9. Antares sent checks totaling $4 million to affected guaranty associations. In addition, Antares wired $3 million to the NOLHGA/ACL escrow account. NOLHGA will distribute these funds to the affected GAs when Antares completes the accounting and allocation of these premiums.

Task Force Chair -Chuck Gullickson;   Staff Contact -

Falck Named MPC Chair

During NOLHGA's 17th Annual Meeting, held October 9-11 in Orlando, Florida, NOLHGA Chair Roger Harbin announced that he had named William E. Falck to serve as chair of NOLHGA's Members' Participation Council for the upcoming year. Falck, executive director and general counsel of the Florida association, serves on a number of task forces and currently chairs the Bankers Commercial Life task force. Falck replaces Peggy Parker, who served as MPC chair for the previous three years.

  Staff Contact - Sean McKenna Kentucky Central Life (KY)

Expense Data Requested

Expense data for 3rd quarter 2000 is now being collected. Reporting forms for 3rd quarter expenses were sent out by fax to all affected guaranty associations earlier this week with a noted return date of Friday, November 17th. For those states that have not yet submitted expense data for the 1st and 2nd quarters of 2000, we ask that you please send that information to us at this time so that the information can be compiled and submitted to the Receiver's office. If you have no expenses to report for that period, please indicate that on the form. Duplicate reporting forms are available upon request.

Please do not hesitate to call if you have any questions. Expense information should be addressed to NOLHGA, Attention Karen Early, 13873 Park Center Road, Suite 329, Herndon, VA 20171. If you prefer, you may send them by fax to 703.481.5209.

Task Force Chair -John Colpean;   Staff Contact - Joni Forsythe

ETC

November 14-15 MPC Meeting

The MPC Meeting prior to the Joint Seminar will begin with task force meetings on Tuesday, November 14 starting at noon. In-the-Round task force meeting will begin late Tuesday afternoon or first thing Wednesday morning. The MPC General Session will commence with a working lunch at noon and adjourn at 3:00 pm. The schedule has been compressed in order to accommodate those attendees who will be participating in the Joint Seminar. We expect that four to five task forces will be able to meet on Tuesday, and at least two task forces "in-the-round" on Wednesday morning. The general session should allow sufficient time for important and timely information to be presented on all other insolvency matters. Please remember that when making your plans, no reports will be made by those task forces meeting "in-the-round."

Joint NOLHGA, NCIGF, IAIR Seminar

Registration for the November 15-17 Joint Seminar (NOLHGA, NCIGF, and IAIR) is open to all those interested in attending. Due to meeting room constraints on the number of participants, NOLHGA members are urged to register as soon as possible.

CALENDAR/CONFERENCE CALLS

Nov. 14-15NOLHGA MPC Meeting, San Antonio, TXNov. 15-17Joint NOLHGA, NCIGF, IAIR Seminar