June 16, 2017

Imerica Life and Health Insurance Company (Arkansas)

Reminder: Final GA Expense Updates (through June 30, 2015) Due June 20

The Imerica Task Force has requested updated expense information from affected states through the period ending June 30, 2015. For many states, there may be no additional expenses to report. If that is the case for your association, please notify Joni Forsythe and Joanna Akiyama by e-mail.

If your association has additional expenses to report for the period including inception through June 30, 2015, please submit your expense update no later than June 20, 2017, using NOLHGA’s online proof of claim survey tool. The expense data will be used to finalize the guaranty associations’ Omnibus Proof of Claim in preparation for an estate distribution of approximately $2.5 million, which we hope to receive before year-end. While this distribution will be styled as an interim distribution, we think it unlikely that we will receive additional funds from this estate after this distribution.

If you have any questions regarding the online proof of claim survey tool, please contact Joanna Akiyama at [email protected] or 703.787.4120. For all other questions, please contact Joni Forsythe at 703.787.4103 or [email protected].

  Staff Contact - Joni Forsythe

Stage 1 MPC Chair Ballots Due By June 30

All guaranty association administrators should have received a communication dated May 8, 2017 (sent via both e-mail and U.S. Mail) from the MPC Preference Poll Committee containing information relating to the mechanism to appoint the MPC Chair, MPC Chair eligibility, the duties of the MPC Chair, MPC Chair compensation, a description of the two-stage polling process, a listing of prior MPC Chairs, and the Stage 1 Confidential Ballot with ballot instructions. Stage 1 ballots should be returned by June 30, 2017.

If you have already returned your Stage 1 ballot, thank you. If you need another copy of the communication e-mailed to you, please contact Holly Wilding at [email protected].

Questions or concerns relating to the appointment of the MPC Chair can be directed to any member of the MPC Chair Preference Poll Committee: Bart Boles (Texas), John Colpean (Michigan), or Mike Marchman (Georgia).

  Staff Contact -

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