Pusey to Speak on International Panel at Legal Seminar
Leigh Ann Pusey, President and CEO of the American Insurance Association (AIA), will take part in a panel discussion about developing international regulatory trends and their effect on U.S. companies that will be held at NOLHGA's Legal Seminar in July.
The AIA is the nation's leading property-casualty insurance trade organization, representing 350 insurers that write more than $123 billion in premiums each year. Business Insurance Magazine has listed Ms. Pusey among its "Women to Watch," and Ms. Pusey is consistently recognized by The Hill publication as one of the top lobbyists in Washington. She is frequently quoted in the news media and consulted by policymakers and Wall Street for her views on issues facing the property-casualty industry.
NOLHGA's 20th Annual Legal Seminar is scheduled to take place on July 26-27, 2012, at the Fairmont Copley Plaza in Boston. The seminar will be held in conjunction with an MPC meeting scheduled for July 24-25. More information about the seminar, including a preliminary schedule and online registration, can be found on the meeting Web page. Please contact Meg Melusen at [email protected] if you have any questions.
Staff Contact -July MPC Meeting Schedule Now Available
The preliminary schedule for the July 2012 MPC meeting in Boston has been posted on the meeting Web page. The file can be found in the "Meeting Resources" section.
The July MPC meeting will be held in conjunction with NOLHGA's 2012 Legal Seminar (see above). If you have not registered for the meeting or seminar or made your hotel reservations, we encourage you to do so as soon as possible.
If you have any trouble accessing the meeting Web page or schedule, 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 Benicorp Insurance Company (Indiana)Early Access Petition Filed
The liquidator has filed a petition to make the third early access distribution to guaranty associations. The petition indicates the guaranty associations will receive approximately $4.2 million. This distribution represents the bulk of the current assets in the estate (the petition indicates $500,000 will be retained), with the only remaining significant asset yet to be recovered being a $2.8 million IRS refund. The task force expects the distribution to be received in the near future absent any objections being filed.
Task Force Chair - Frank Gartland; Staff Contact - Paul PetersonMPC Chair Preference Poll Stage 1 Ballot Distributed--Ballots Due June 29
The Stage 1 ballot for the 2012 MPC Chair Preference Poll was mailed to all guaranty association administrators on May 15, 2012. The ballot is due by June 29, and instructions on completing it were included with the ballot. Any administrator who has not received a ballot should contact Preference Poll Subgroup Chair Bart Boles at [email protected].
Staff Contact -