April MPC Meeting Web Page Goes Live
The Web page for the April 2012 MPC meeting in San Diego is now live. The page features online registration and hotel reservations as well as other meeting information. A preliminary schedule for the meeting should be posted in March, but attendees will find a note about the schedule in the Announcements section that should help with travel planning.
If you have any trouble accessing the meeting Web page, please contact Dan Hicks at [email protected]. or 703.787.4112. If you have any questions about the meeting, contact Sean McKenna at [email protected] or 703.787.4106.
Staff Contact - Sean McKenna American Chambers Life Insurance Company (Ohio)Petition Filed for Third Early Access Distribution
The American Chambers liquidator has filed a petition with the Ohio Liquidation Court to approve a third early access distribution to the guaranty associations in the amount of $1.5 million for policy-level claims. A hearing date has not been set but is expected in February.
American Chambers was an Ohio-domiciled insurer that wrote mostly health insurance and was placed in liquidation in May 2000. The estate remains open primarily because of litigation the liquidator is still pursuing against certain third parties. For copies of the petition, or if you have any questions, please contact Meg Melusen at 703.787.4130 or [email protected].
Task Force Chair - Chuck Gullickson; Staff Contact - Medical Savings Insurance Company (Indiana)Final GA Expense Update Due
The Medical Savings Task Force has requested updated 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 finalizing our Omnibus Proof of Claim for this case. Our survey includes expense information for the reporting period inception through December 31, 2011. Responses are due by Friday, February 3.
If you have not already done so, please submit your final expense information today. We need to submit the final Proof of Claim in advance of the February 10 status hearing. To confirm, this will be our final update, so we would very much like to include everyone's expenses and ask that you send them in right away.
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 ([email protected]) by e-mail if you have no submissions to report. If you have any questions, please contact Joni Forsythe at 703.787.4103 or Gus Estrada at 703.787.4131.
Task Force Chair - Dan Orth; Staff Contact - Joni Forsythe