March 10, 2023 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 18, 2022 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. 2023 FUND YEAR BUSINESS

VI.A.1. 2023 Administrative Budget - (Approved By BOT)

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

VI.A.2. Confirmation (Receipt & Ratification) Of 2023 Operations & Approvals

VI.A.2.a. State Application For MICU Group Fund To Operate In 2023

VI.A.2.b. State Authorization For MICU Group Fund To Operate In 2023

VI.A.3. 2023 Excess Reinsurance Coverage

VI.A.3.a. Acceptance Of 2023 Excess Reinsurance/Service Agent Agreements

VI.A.3.b. 2023 Excess Reinsurance Policy With Midwest

VI.A.4. 2023 Service Agent Agreement

VI.A.5. 2023 Safety/Loss Control Program Contract

VI.A.6. 2023 Actuarial Risk Agreement 

VI.A.7. 2023 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15

VI.A.8. 2023 Receipt & Ratification By Trustees

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

VI.A.9. 2023 Estimated Premium Collections

VI.A.9.a. Memo To Board Of Trustees Regarding Status Of 2023 Premium Collections

VI.A.9.b. 2023 Estimated Annual & Quarterly Premium Chart

VI.B. 2022 FUND YEAR BUSINESS

VI.B.1. Fourth Quarter Fiscal Report Ending 12-31-22 [Prior To Payroll Audit]/Transmittal Letter To State

VI.B.1.a. Fourth Quarter Fiscal Report Ending 12-31-22 [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 2022 Distributions & Surplus Transfer

VI.B.2. Audit/Tax Status For Financial Statements As Of 12-31-22

VII. COMMUNICATIONS - FINLANDIA UNIVERSITY (REINSTATED RETROACTIVE 1/1/23)

VIII. ADJOURNMENT - 10:30AM