Kentucky Central Life Insurance Company (Ky.)

Distribution Made

During the week of August 15, 2004, NOLHGA made a distribution in excess of $16 million to the participating guaranty associations in connection with Kentucky Central. This distribution includes the proceeds of the recently approved Expense Settlement Agreement, plus interest through the date of distribution. An allocation schedule reflecting each state's share of the distribution was delivered to the participating guaranty associations via e-mail on August 10. Members can also access a copy of that schedule in the Kentucky Central folder in the Information Resource Center (IRC), which approved users can access by logging into NOLHGA's Web site. Payment of the distribution was made on August 17 via check or wire transfer, consistent with the instructions received from each state.

Please feel free to call Joni Forsythe at NOLHGA or Task Force Chair John Colpean if you have any questions regarding this distribution.

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

Goodyear to Speak at NOLHGA's Annual Meeting

William Goodyear, chairman and CEO of Navigant Consulting, will speak at NOLHGA's 21st Annual Meeting, which will be held October 26-27, 2004, at the Four Seasons Hotel Las Vegas in Las Vegas, Nev. He is scheduled to speak on the second day of the meeting.

Mr. Goodyear joined Navigant Consulting as chairman and CEO in May 2000 and has served as a member of the board of directors since December 1999. As CEO he led a companywide restructuring initiative, which has been followed by the execution of a successful growth strategy. He is the immediate past chairman and former CEO of Bank of America, Illinois, where he directed the integration of Continental Bank into Bank of America following the companies' merger in 1994. After the 1998 merger between Bank of America and NationsBank, he served as president of the combined companies' Global Private Bank. In 2004, he was recognized by Consulting Magazine as one of the "Top 25 Most Influential Consultants."

The Web page for the Annual Meeting and the MPC meeting that will precede it should be available soon. As a new service for attendees, NOLHGA will be accepting online payment of registration fees through the meeting Web page. More information about the meeting page and online payment will appear in next week's NOLHGA Wire.

If you have any questions about the Annual Meeting, please contact Holly Wilding at 703.787.4111 or [email protected].

  Staff Contact -