March 11, 2022 at 9:00 AM - MICU Workers' Compensation Fund Board Of Trustees Meeting

I. CALL TO ORDER - 9:00AM
 

II. CHAIR'S REMARKS
9:00-9:10AM

III. FUND ADMINISTRATOR'S REMARKS
9:10-9:25AM

III.A. Minutes Of November 19, 2021 MICU Fund Board Of Trustees Meeting

III.A.1. Recommendation - #1

IV. FUND'S INVESTMENT PORTFOLIO REPORT - HUNTINGTON BANK
9:25-9:45AM

V. FUND'S CLAIMS UPDATE - BROADSPIRE
9:45-10:00AM

VI. MICU FUND BOARD OF TRUSTEES BUSINESS MEETING
10:00-10:30AM

VI.A. 2022 FUND YEAR BUSINESS

VI.A.1. 2022 Administrative Budget - (Approved By BOT)

VI.A.1.a. Recommendation - #2

VI.A.2. Confirmation (Receipt & Ratification) Of 2022 Operations & Approvals

VI.A.2.a. State Application To Operate In 2022

VI.A.2.b. State Approval For MICU Fund To Operate In 2022 Fund Year

VI.A.3. 2022 Excess Reinsurance Coverage

VI.A.3.a. Acceptance Of 2022 Excess Reinsurance/Service Agent Agreements

VI.A.3.b. 2022 Excess Reinsurance Policy With Midwest

VI.A.4. 2022 Service Agent Agreement

VI.A.5. 2022 Safety/Loss Control Program Contract

VI.A.6. 2022 Actuarial Risk Agreement 

VI.A.7. 2022 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15

VI.A.8. 2022 Receipt & Ratification By Trustees

VI.A.8.a. Recommendation - #3

VI.A.9. 2022 Estimated Premium Collections

VI.A.9.a. Memo To Board Of Trustees Regarding Status Of 2022 Premium Collections

VI.A.9.b. 2022 Estimated Annual & Quarterly Premium Chart

VI.B. 2021 FUND YEAR BUSINESS

VI.B.1. Fourth Quarter 2021 Fiscal Report As Of 12-31-21 [Prior To Payroll Audit]/Transmittal Letter To State

VI.B.1.a. Fourth Quarter Fiscal Report As Of 12-31-21 [Prior To Payroll Audit]/Transmittal Letter To State

VI.B.1.b. Recommendation - #4

VI.B.1.b.1. MICU Fund Confirmations To State RE 2021 Distributions & Surplus Transfer

VI.B.2. Audit/Tax Status For Financial Statements As Of 12/31/21

VII. ADJOURNMENT - 10:30AM