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Meeting Files are Now Online We have added a new category to the Forms and Downloads section of the website. You can get to it by choosing “Resources” from the menu, and then clicking on “Forms and Downloads”.
Among other files available for download, you will see the new category called “Meeting Files”. Clicking on this will bring you to the latest files available for download organized by date. As new files are available they will be placed here.
You can also get to this area directly by clicking here.
Presently available are Minutes for the July 29, 2008 Board meeting, and the Agenda for the upcoming Board meeting on September, 24, 2008. You can click on either date to be taken directly to the file.
More files will be uploaded soon. Thank you for your patience as we expand this new section.
ATTENTION: HBPA Worker’s Compensation Policy Holders
Most of you are aware of the downward spiral of AIG in the stock market this week. We have contacted our partners Andreini & Co. as well as AIG about our concerns and what this could mean for the HBPA Workers Compensation Company. The HBPA is on top of the latest developments at this time and feel there is no reason to be alarmed. Our insurance partners assure us that in the event AIG were to file bankruptcy the insurance entity will still remain intact as co-mingling of insurance reserve funds are forbidden by the insurance departments. AIG Insurance has no liquidity or financial problems and remains as of today an A- rated company with capital surpluses remaining the highest in the industry.
On the positive side, due to AIG’s latest drop in the market, the HBPA has already received calls from insurance competitors about making a new presentation to our Board of Directors. This could mean better rates for our Program! The HBPA Board’s primary focus is to provide and maintain our horsemen with the lowest possible rates with a solid and proven insurance company that provides the flexibility our industry needs.
As always, we will keep our membership up to date on the most current news via our website and field offices.
AIG sent the article below responding to our inquiry about the current market.
Should you have any further concerns please do not hesitate to call on me at the Main Office at 504-945-1555 or via email at mromero@lahbpa.org
Thank You All, Mona Romero Executive Director, HBPA
AIG article download
AIG Fact Sheet download – *New* (09/17/08) |
