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Meeting Agenda
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I. CALL TO ORDER - 9:00AM
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II. CHAIR'S REMARKS
9:00-9:10AM |
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III. FUND ADMINISTRATOR'S REMARKS
9:10-9:25AM |
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III.A. Minutes Of November 20, 2020 MICU Fund Board Of Trustees Meeting
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III.A.1. Recommendation - #1
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IV. MICU PRESIDENT'S REMARKS
9:25-9:40AM |
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V. FUND'S INVESTMENT PORTFOLIO REPORT - HUNTINGTON BANK
9:40-9:55AM |
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VI. FUND'S CLAIMS REPORT & UPDATE (& SAFETY /LOSS CONTROL DATA) - BROADSPIRE
9:55-10:10AM |
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VII. MICU FUND BOARD OF TRUSTEES BUSINESS MEETING
10:10-10:30AM |
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VII.A. 2021 FUND YEAR BUSINESS
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VII.A.1. 2021 Administrative Budget - (Approved By BOT/Added Calvin Seminary Premium)
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VII.A.1.a. Recommendation - #2
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VII.A.2. Confirmation (Receipt & Ratification) Of 2021 Operations & Approvals
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VII.A.2.a. State Application To Operate In 2021
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VII.A.2.b. State Approval For MICU Fund To Operate In 2021 Fund Year
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VII.A.3. 2021 Excess Reinsurance Coverage
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VII.A.3.a. Acceptance Of 2021 Excess Reinsurance/Service Agent Agreements
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VII.A.3.b. 2021 Excess Reinsurance Policy With Midwest
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VII.A.4. 2021 Service Agent Agreement
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VII.A.5. 2021 Safety/Loss Control Program Contract
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VII.A.6. 2021 Actuarial Risk Agreement
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VII.A.7. 2021 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15
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VII.A.8. 2021 Receipt & Ratification By Trustees
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VII.A.8.a. Recommendation - #3
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VII.A.9. 2021 Estimated Premium Collections
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VII.A.9.a. Memo To Board Of Trustees Regarding Status Of 2021 Premium Collections
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VII.A.9.b. 2021 Estimated Annual & Quarterly Premium Chart
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VII.B. 2020 FUND YEAR BUSINESS
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VII.B.1. Fourth Quarter 2020 Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
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VII.B.1.a. Fourth Quarter Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
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VII.B.1.b. Recommendation - #4
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VII.B.1.b.1. State Agency Surplus Transfer Approval Letter & Fund Confirmation Letter
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VII.B.2. Audit/Tax Status For Financial Statements As Of 12/31/20
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VII.C. MICU FUND PROCEDURES MANUAL-WORKING DOCUMENT (FOR BOARD VIEW)
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VIII. ADJOURNMENT - 10:30AM
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IX. CALL TO ORDER - 9:00AM
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X. CHAIR'S REMARKS
9:00-9:10AM |
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XI. FUND ADMINISTRATOR'S REMARKS
9:10-9:25AM |
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XI.A. Minutes Of November 20, 2020 MICU Fund Board Of Trustees Meeting
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|
XI.A.1. Recommendation - #1
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XII. MICU PRESIDENT'S REMARKS
9:25-9:40AM |
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XIII. FUND'S INVESTMENT PORTFOLIO REPORT - HUNTINGTON BANK
9:40-9:55AM |
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XIV. FUND'S CLAIMS REPORT & UPDATE (& SAFETY /LOSS CONTROL DATA) - BROADSPIRE
9:55-10:10AM |
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XV. MICU FUND BOARD OF TRUSTEES BUSINESS MEETING
10:10-10:30AM |
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XV.A. 2021 FUND YEAR BUSINESS
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XV.A.1. 2021 Administrative Budget - (Approved By BOT/Added Calvin Seminary Premium)
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XV.A.1.a. Recommendation - #2
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XV.A.2. Confirmation (Receipt & Ratification) Of 2021 Operations & Approvals
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XV.A.2.a. State Application To Operate In 2021
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XV.A.2.b. State Approval For MICU Fund To Operate In 2021 Fund Year
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XV.A.3. 2021 Excess Reinsurance Coverage
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XV.A.3.a. Acceptance Of 2021 Excess Reinsurance/Service Agent Agreements
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XV.A.3.b. 2021 Excess Reinsurance Policy With Midwest
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XV.A.4. 2021 Service Agent Agreement
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XV.A.5. 2021 Safety/Loss Control Program Contract
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|
XV.A.6. 2021 Actuarial Risk Agreement
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|
XV.A.7. 2021 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15
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XV.A.8. 2021 Receipt & Ratification By Trustees
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XV.A.8.a. Recommendation - #3
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XV.A.9. 2021 Estimated Premium Collections
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XV.A.9.a. Memo To Board Of Trustees Regarding Status Of 2021 Premium Collections
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XV.A.9.b. 2021 Estimated Annual & Quarterly Premium Chart
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XV.B. 2020 FUND YEAR BUSINESS
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XV.B.1. Fourth Quarter 2020 Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
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XV.B.1.a. Fourth Quarter Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
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XV.B.1.b. Recommendation - #4
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XV.B.1.b.1. State Agency Surplus Transfer Approval Letter & Fund Confirmation Letter
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|
XV.B.2. Audit/Tax Status For Financial Statements As Of 12/31/20
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XV.C. MICU FUND PROCEDURES MANUAL-WORKING DOCUMENT (FOR BOARD VIEW)
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XVI. ADJOURNMENT - 10:30AM
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XVII. CALL TO ORDER - 9:00AM
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XVIII. CHAIR'S REMARKS
9:00-9:10AM |
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XIX. FUND ADMINISTRATOR'S REMARKS
9:10-9:25AM |
|
XIX.A. Minutes Of November 20, 2020 MICU Fund Board Of Trustees Meeting
|
|
XIX.A.1. Recommendation - #1
|
|
XX. MICU PRESIDENT'S REMARKS
9:25-9:40AM |
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XXI. FUND'S INVESTMENT PORTFOLIO REPORT - HUNTINGTON BANK
9:40-9:55AM |
|
XXII. FUND'S CLAIMS REPORT & UPDATE (& SAFETY /LOSS CONTROL DATA) - BROADSPIRE
9:55-10:10AM |
|
XXIII. MICU FUND BOARD OF TRUSTEES BUSINESS MEETING
10:10-10:30AM |
|
XXIII.A. 2021 FUND YEAR BUSINESS
|
|
XXIII.A.1. 2021 Administrative Budget - (Approved By BOT/Added Calvin Seminary Premium)
|
|
XXIII.A.1.a. Recommendation - #2
|
|
XXIII.A.2. Confirmation (Receipt & Ratification) Of 2021 Operations & Approvals
|
|
XXIII.A.2.a. State Application To Operate In 2021
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XXIII.A.2.b. State Approval For MICU Fund To Operate In 2021 Fund Year
|
|
XXIII.A.3. 2021 Excess Reinsurance Coverage
|
|
XXIII.A.3.a. Acceptance Of 2021 Excess Reinsurance/Service Agent Agreements
|
|
XXIII.A.3.b. 2021 Excess Reinsurance Policy With Midwest
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|
XXIII.A.4. 2021 Service Agent Agreement
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|
XXIII.A.5. 2021 Safety/Loss Control Program Contract
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|
XXIII.A.6. 2021 Actuarial Risk Agreement
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XXIII.A.7. 2021 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15
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XXIII.A.8. 2021 Receipt & Ratification By Trustees
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XXIII.A.8.a. Recommendation - #3
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XXIII.A.9. 2021 Estimated Premium Collections
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XXIII.A.9.a. Memo To Board Of Trustees Regarding Status Of 2021 Premium Collections
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XXIII.A.9.b. 2021 Estimated Annual & Quarterly Premium Chart
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|
XXIII.B. 2020 FUND YEAR BUSINESS
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|
XXIII.B.1. Fourth Quarter 2020 Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
XXIII.B.1.a. Fourth Quarter Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
XXIII.B.1.b. Recommendation - #4
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|
XXIII.B.1.b.1. State Agency Surplus Transfer Approval Letter & Fund Confirmation Letter
|
|
XXIII.B.2. Audit/Tax Status For Financial Statements As Of 12/31/20
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XXIII.C. MICU FUND PROCEDURES MANUAL-WORKING DOCUMENT (FOR BOARD VIEW)
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XXIV. ADJOURNMENT - 10:30AM
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Agenda Item Details
Reload Your Meeting
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|---|---|---|
| Meeting: | March 12, 2021 at 9:00 AM - MICU Workers' Compensation Fund Board Of Trustees Meeting | |
| Subject: |
I. CALL TO ORDER - 9:00AM
|
|
| Subject: |
II. CHAIR'S REMARKS
9:00-9:10AM |
|
| Presenter: |
Thomas W. Ayers, Board Chair
|
|
| Subject: |
III. FUND ADMINISTRATOR'S REMARKS
9:10-9:25AM |
|
| Presenter: |
Rhonda M. Roorda, Fund Administrator
|
|
| Subject: |
III.A. Minutes Of November 20, 2020 MICU Fund Board Of Trustees Meeting
|
|
| Subject: |
III.A.1. Recommendation - #1
|
|
| Subject: |
IV. MICU PRESIDENT'S REMARKS
9:25-9:40AM |
|
| Presenter: |
Robert LeFevre, President
|
|
| Subject: |
V. FUND'S INVESTMENT PORTFOLIO REPORT - HUNTINGTON BANK
9:40-9:55AM |
|
| Presenter: |
Mark Vostrizansky, Senior Portfolio Manager
|
|
| Subject: |
VI. FUND'S CLAIMS REPORT & UPDATE (& SAFETY /LOSS CONTROL DATA) - BROADSPIRE
9:55-10:10AM |
|
| Presenter: |
Joanne Cameron, Senior Account Executive & Rhonda Roorda, Fund Administrator
|
|
| Subject: |
VII. MICU FUND BOARD OF TRUSTEES BUSINESS MEETING
10:10-10:30AM |
|
| Subject: |
VII.A. 2021 FUND YEAR BUSINESS
|
|
| Subject: |
VII.A.1. 2021 Administrative Budget - (Approved By BOT/Added Calvin Seminary Premium)
|
|
| Subject: |
VII.A.1.a. Recommendation - #2
|
|
| Subject: |
VII.A.2. Confirmation (Receipt & Ratification) Of 2021 Operations & Approvals
|
|
| Subject: |
VII.A.2.a. State Application To Operate In 2021
|
|
| Subject: |
VII.A.2.b. State Approval For MICU Fund To Operate In 2021 Fund Year
|
|
| Subject: |
VII.A.3. 2021 Excess Reinsurance Coverage
|
|
| Subject: |
VII.A.3.a. Acceptance Of 2021 Excess Reinsurance/Service Agent Agreements
|
|
| Subject: |
VII.A.3.b. 2021 Excess Reinsurance Policy With Midwest
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|
| Subject: |
VII.A.4. 2021 Service Agent Agreement
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|
| Subject: |
VII.A.5. 2021 Safety/Loss Control Program Contract
|
|
| Subject: |
VII.A.6. 2021 Actuarial Risk Agreement
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|
| Subject: |
VII.A.7. 2021 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15
|
|
| Subject: |
VII.A.8. 2021 Receipt & Ratification By Trustees
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|
| Subject: |
VII.A.8.a. Recommendation - #3
|
|
| Subject: |
VII.A.9. 2021 Estimated Premium Collections
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|
| Subject: |
VII.A.9.a. Memo To Board Of Trustees Regarding Status Of 2021 Premium Collections
|
|
| Subject: |
VII.A.9.b. 2021 Estimated Annual & Quarterly Premium Chart
|
|
| Subject: |
VII.B. 2020 FUND YEAR BUSINESS
|
|
| Subject: |
VII.B.1. Fourth Quarter 2020 Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
| Subject: |
VII.B.1.a. Fourth Quarter Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
| Subject: |
VII.B.1.b. Recommendation - #4
|
|
| Subject: |
VII.B.1.b.1. State Agency Surplus Transfer Approval Letter & Fund Confirmation Letter
|
|
| Subject: |
VII.B.2. Audit/Tax Status For Financial Statements As Of 12/31/20
|
|
| Subject: |
VII.C. MICU FUND PROCEDURES MANUAL-WORKING DOCUMENT (FOR BOARD VIEW)
|
|
| Subject: |
VIII. ADJOURNMENT - 10:30AM
|
|
| Subject: |
IX. CALL TO ORDER - 9:00AM
|
|
| Subject: |
X. CHAIR'S REMARKS
9:00-9:10AM |
|
| Presenter: |
Thomas W. Ayers, Board Chair
|
|
| Subject: |
XI. FUND ADMINISTRATOR'S REMARKS
9:10-9:25AM |
|
| Presenter: |
Rhonda M. Roorda, Fund Administrator
|
|
| Subject: |
XI.A. Minutes Of November 20, 2020 MICU Fund Board Of Trustees Meeting
|
|
| Subject: |
XI.A.1. Recommendation - #1
|
|
| Subject: |
XII. MICU PRESIDENT'S REMARKS
9:25-9:40AM |
|
| Presenter: |
Robert LeFevre, President
|
|
| Subject: |
XIII. FUND'S INVESTMENT PORTFOLIO REPORT - HUNTINGTON BANK
9:40-9:55AM |
|
| Presenter: |
Mark Vostrizansky, Senior Portfolio Manager
|
|
| Subject: |
XIV. FUND'S CLAIMS REPORT & UPDATE (& SAFETY /LOSS CONTROL DATA) - BROADSPIRE
9:55-10:10AM |
|
| Presenter: |
Joanne Cameron, Senior Account Executive & Rhonda Roorda, Fund Administrator
|
|
| Subject: |
XV. MICU FUND BOARD OF TRUSTEES BUSINESS MEETING
10:10-10:30AM |
|
| Subject: |
XV.A. 2021 FUND YEAR BUSINESS
|
|
| Subject: |
XV.A.1. 2021 Administrative Budget - (Approved By BOT/Added Calvin Seminary Premium)
|
|
| Subject: |
XV.A.1.a. Recommendation - #2
|
|
| Subject: |
XV.A.2. Confirmation (Receipt & Ratification) Of 2021 Operations & Approvals
|
|
| Subject: |
XV.A.2.a. State Application To Operate In 2021
|
|
| Subject: |
XV.A.2.b. State Approval For MICU Fund To Operate In 2021 Fund Year
|
|
| Subject: |
XV.A.3. 2021 Excess Reinsurance Coverage
|
|
| Subject: |
XV.A.3.a. Acceptance Of 2021 Excess Reinsurance/Service Agent Agreements
|
|
| Subject: |
XV.A.3.b. 2021 Excess Reinsurance Policy With Midwest
|
|
| Subject: |
XV.A.4. 2021 Service Agent Agreement
|
|
| Subject: |
XV.A.5. 2021 Safety/Loss Control Program Contract
|
|
| Subject: |
XV.A.6. 2021 Actuarial Risk Agreement
|
|
| Subject: |
XV.A.7. 2021 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15
|
|
| Subject: |
XV.A.8. 2021 Receipt & Ratification By Trustees
|
|
| Subject: |
XV.A.8.a. Recommendation - #3
|
|
| Subject: |
XV.A.9. 2021 Estimated Premium Collections
|
|
| Subject: |
XV.A.9.a. Memo To Board Of Trustees Regarding Status Of 2021 Premium Collections
|
|
| Subject: |
XV.A.9.b. 2021 Estimated Annual & Quarterly Premium Chart
|
|
| Subject: |
XV.B. 2020 FUND YEAR BUSINESS
|
|
| Subject: |
XV.B.1. Fourth Quarter 2020 Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
| Subject: |
XV.B.1.a. Fourth Quarter Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
| Subject: |
XV.B.1.b. Recommendation - #4
|
|
| Subject: |
XV.B.1.b.1. State Agency Surplus Transfer Approval Letter & Fund Confirmation Letter
|
|
| Subject: |
XV.B.2. Audit/Tax Status For Financial Statements As Of 12/31/20
|
|
| Subject: |
XV.C. MICU FUND PROCEDURES MANUAL-WORKING DOCUMENT (FOR BOARD VIEW)
|
|
| Subject: |
XVI. ADJOURNMENT - 10:30AM
|
|
| Subject: |
XVII. CALL TO ORDER - 9:00AM
|
|
| Subject: |
XVIII. CHAIR'S REMARKS
9:00-9:10AM |
|
| Presenter: |
Thomas W. Ayers, Board Chair
|
|
| Subject: |
XIX. FUND ADMINISTRATOR'S REMARKS
9:10-9:25AM |
|
| Presenter: |
Rhonda M. Roorda, Fund Administrator
|
|
| Subject: |
XIX.A. Minutes Of November 20, 2020 MICU Fund Board Of Trustees Meeting
|
|
| Subject: |
XIX.A.1. Recommendation - #1
|
|
| Subject: |
XX. MICU PRESIDENT'S REMARKS
9:25-9:40AM |
|
| Presenter: |
Robert LeFevre, President
|
|
| Subject: |
XXI. FUND'S INVESTMENT PORTFOLIO REPORT - HUNTINGTON BANK
9:40-9:55AM |
|
| Presenter: |
Mark Vostrizansky, Senior Portfolio Manager
|
|
| Subject: |
XXII. FUND'S CLAIMS REPORT & UPDATE (& SAFETY /LOSS CONTROL DATA) - BROADSPIRE
9:55-10:10AM |
|
| Presenter: |
Joanne Cameron, Senior Account Executive & Rhonda Roorda, Fund Administrator
|
|
| Subject: |
XXIII. MICU FUND BOARD OF TRUSTEES BUSINESS MEETING
10:10-10:30AM |
|
| Subject: |
XXIII.A. 2021 FUND YEAR BUSINESS
|
|
| Subject: |
XXIII.A.1. 2021 Administrative Budget - (Approved By BOT/Added Calvin Seminary Premium)
|
|
| Subject: |
XXIII.A.1.a. Recommendation - #2
|
|
| Subject: |
XXIII.A.2. Confirmation (Receipt & Ratification) Of 2021 Operations & Approvals
|
|
| Subject: |
XXIII.A.2.a. State Application To Operate In 2021
|
|
| Subject: |
XXIII.A.2.b. State Approval For MICU Fund To Operate In 2021 Fund Year
|
|
| Subject: |
XXIII.A.3. 2021 Excess Reinsurance Coverage
|
|
| Subject: |
XXIII.A.3.a. Acceptance Of 2021 Excess Reinsurance/Service Agent Agreements
|
|
| Subject: |
XXIII.A.3.b. 2021 Excess Reinsurance Policy With Midwest
|
|
| Subject: |
XXIII.A.4. 2021 Service Agent Agreement
|
|
| Subject: |
XXIII.A.5. 2021 Safety/Loss Control Program Contract
|
|
| Subject: |
XXIII.A.6. 2021 Actuarial Risk Agreement
|
|
| Subject: |
XXIII.A.7. 2021 E&O/D&O Policy With Certain Underwriters at Lloyd's, London; A15
|
|
| Subject: |
XXIII.A.8. 2021 Receipt & Ratification By Trustees
|
|
| Subject: |
XXIII.A.8.a. Recommendation - #3
|
|
| Subject: |
XXIII.A.9. 2021 Estimated Premium Collections
|
|
| Subject: |
XXIII.A.9.a. Memo To Board Of Trustees Regarding Status Of 2021 Premium Collections
|
|
| Subject: |
XXIII.A.9.b. 2021 Estimated Annual & Quarterly Premium Chart
|
|
| Subject: |
XXIII.B. 2020 FUND YEAR BUSINESS
|
|
| Subject: |
XXIII.B.1. Fourth Quarter 2020 Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
| Subject: |
XXIII.B.1.a. Fourth Quarter Fiscal Report As Of 12-31-20 [Prior To Payroll Audit]/Transmittal Letter To State
|
|
| Subject: |
XXIII.B.1.b. Recommendation - #4
|
|
| Subject: |
XXIII.B.1.b.1. State Agency Surplus Transfer Approval Letter & Fund Confirmation Letter
|
|
| Subject: |
XXIII.B.2. Audit/Tax Status For Financial Statements As Of 12/31/20
|
|
| Subject: |
XXIII.C. MICU FUND PROCEDURES MANUAL-WORKING DOCUMENT (FOR BOARD VIEW)
|
|
| Subject: |
XXIV. ADJOURNMENT - 10:30AM
|
|