June 23, 2023
The Board of Directors met for its regular meeting on Friday, June 23, 2023.
Actions of the Board during its meeting included the following:
- Approved minutes of the March 21, 2023 Board Meeting.
- Received and accepted the Executive Committee report.
- Approved a memorial resolution for Director Charles R. Cloud and a donation to Sleeping Bags for the Homeless in his memory.
- Established a Marketing Advisory Committee as a committee of the board, and appointed Directors Giambra, Hill, and York to the committee along with President Wheeler.
- Appointed Thomas Wurfel, FSA, MAAA, of Allen Bailey & Associates, Inc. as the Appointed Actuary for the Society.
- Reviewed and approved the updated Enterprise Risk Management documents.
- Approved a change in the interest crediting rate for the conversion annuity.
- Approved President Wheeler’s request to sell the real estate investment properties.
- Reviewed and ratified the investment transactions for the first quarter of 2023.
- Received and accepted reports from Society officers.
September 19, 2023
The Board of Directors met for its regular meeting on Tuesday, September 19, 2023.
Actions of the Board during its meeting included the following:
- Approved minutes of the June 23, 2023 Board Meeting.
- Reviewed and ratified the investment transactions for the second quarter of 2023.
- Reviewed and approved the Board Criteria & Qualifications.
- Appointed Lance C. Foreman to fill the vacancy on the Audit Committee.
- Received and accepted reports from Society officers.
December 13, 2023
The Board of Directors met for its regular meeting on December 13, 2023.
Actions of the Board during its meeting included the following:
- Approved minutes of the September 19, 2023 Board Meeting.
- Approved the Provision for Refunds Payable in 2024.
- Approved a discretionary contribution to the Assured Life Association Qualified Savings and Retirement Plan for 2023.
- Approved Q3 2023 investment transactions
- Approved interest crediting rates for 1/1/24
- Discussed and approved the 2024 Operating Budget
- Discussed and approved Q3 2023 Internal Financial Report
- Received and accepted reports from Society officers.
- Ratified action taken in Executive Session.