Paul Kasriel to Speak at Annual Meeting

Paul Kasriel, Senior Vice President and Chief Economist with The Northern Trust Company, will speak at NOLHGA's 2010 Annual Meeting in Seattle. He is scheduled to speak on October 5.

Kasriel's economic and interest rate forecasts are used both internally and by Northern Trust clients, and the accuracy of the Economic Research Department's forecasts has consistently been highly ranked in the Blue Chip survey of about 50 forecasters over the years. Kasriel received the prestigious 2006 Lawrence R. Klein Award for having the most accurate economic forecast among the Blue Chip survey participants for the years 2002 through 2005. The accuracy of his 2008 economic forecast was ranked in the top five of The Wall Street Journal survey panel of economists.

In January 2009, The Wall Street Journal and Forbes cited Kasriel as one of the few who identified early on the formation of the housing bubble and foresaw the economic and financial market havoc that would ensue after the bubble inevitably burst. Through written commentaries containing his straightforward and often nonconsensus analysis of economic and financial market issues, Kasriel (the "Econtrarian") has developed a loyal following in the financial community. The Northern's economic Web site was listed as one of the top 10 most interesting by The Wall Street Journal. Kasriel is the co-author of a book entitled Seven Indicators That Move Markets.

NOLHGA's 2010 Annual Meeting will be held October 5 and 6 at the Grand Hyatt Seattle (an MPC meeting will be held on October 4). More information on the meeting, including online registration and hotel reservations, can be found at the meeting Web page.

  Staff Contact - Sean McKenna

Annual Meeting Reservation Deadline Nears

The reservation deadline for the Grand Hyatt Seattle, the host hotel for NOLHGA's 2010 Annual Meeting, is September 13, 2010. After this date, NOLHGA can no longer guarantee the special room rate of $209/night plus tax. We encourage all attendees to book their rooms as soon as possible. Online reservations can be made through the Annual Meeting Web page.

Please note that the hotel cannot guarantee that rooms will be available up to the reservation deadline. This date is the deadline for receiving the NOLHGA rate, to the extent rooms remain available in the NOLHGA block.

  Staff Contact - De Gadd Imerica Life and Health Insurance Company (Arkansas)

GA Expense Reports Due by September 15

The Imerica Task Force has begun collecting information concerning expenses incurred by affected guaranty associations in connection with the Imerica Life and Health Insurance Company insolvency. The expense data will be used for purposes of reporting and for submission of an Omnibus Proof of Claim for this case. Our survey includes expense information for the reporting period inception through June 30, 2010.

Expense data should be submitted by affected associations using NOLHGA's online proof of claims survey tool. We ask that you please submit your expense information by September 15. Please advise Gus Estrada by e-mail if you have no submissions to report. Please contact Joni Forsythe at 703.787.4103 for any questions related to the information requested to complete your survey. Contact Gus Estrada if you have questions regarding the proof of claims survey tool.

Task Force Chair - Andrea Bowers;   Staff Contact - Joni Forsythe Medical Savings Insurance Company (Indiana)

GA Expense Reports Needed

The Medical Savings Task Force is again collecting information concerning expenses incurred by affected guaranty associations in connection with the Medical Savings Insurance Company insolvency. The expense data will be used for purposes of reporting and for submission of an Omnibus Proof of Claim for this case. Our survey includes expense information for the reporting period inception through June 30, 2010. If you have not already submitted your expenses through June 30, we ask that you please take a few moments to do so at this time.

Expense data should be submitted by affected associations using NOLHGA's online proof of claims survey tool. We ask that you please submit your expense update as soon as possible. Please advise Gus Estrada by e-mail if you have no submissions to report. Please contact Joni Forsythe at 703.787.4103 for any questions related to the information requested to complete your survey. Contact Gus Estrada if you have questions regarding the proof of claims survey tool.

Task Force Chair - Dan Orth;   Staff Contact - Joni Forsythe