Florida Automobile Joint Underwriting Association Board of Governors April 10 Meeting Recap
Apr 13, 2007
The Florida Automobile Joint Underwriting Association (“FAJUA”) Board of Governors met on April 10, 2007 in Miami to discuss legislative issues, auditing and compliance issues, the FAJUA’s financial statements and actuarial opinion, and proposed enhancements to its credit programs and service provider fees.
Attached for your review are copies of the materials distributed at the meeting for the Board’s review, as follows:
- September 7, 2006 Board of Governors Minutes
- September 7, 2006 Board of Governors Exhibits
- 2006 FAJUA Compliance Audit Program
- September, 2006 Statutory Basis Financial Statements
- 2006 PICC FAJUA Actuarial Opinion
- April 2007 FAJUA AIPSO Credit Enhancement Proposal
- April 2007 FAJUA AIPSO Service Fee Proposal
The agenda from the April 10 meeting is below:
1. Call To Order – Anti-Trust – Introductions
2. Approve Minutes of September 7, 2006 Board of Governors meeting
(Attached)
3. General Manager’s Report – Eugenia Tyus
4. General Counsel’s Report – Bill Graham
5. FAJUA Compliance Audit 2006 – Kevin Leeman, AIPSO
(Attached)
6. FAJUA 2006 Audited Financials & Statement of Actuarial Opinion – Bill Ferguson
(Attached)
7. AIPSO Presentation – Tom Assad, AIPSO
Enhanced Credit Program (Attached)
Service Provider Fee Adjustment (Attached)
8. Any Other Business – Schedule Next Meeting
9. Adjourn
Should you have any questions or concerns, please do not hesitate to contact this office.