Governing Committee Meeting - February 16, 2022

CAR’s President advised the committee that legislation enabling remote committee meetings has been extended to July 15, 2022. Therefore, the April and June Governing Committee meetings will be held remotely.

Compliance and Operations Committee

The Governing Committee approved the recommended updates to the Assigned Risk Company Procedures Manual and the Manual of Administrative Procedures to codify audit procedures. A bulletin will be distributed with additional information.

Financial Audit Committee

The Governing Committee accepted the independent auditor’s review and AUP reports and approved CAR’s FY2021 financial statements. Requests for the reports may be directed to CAR’s financial department.

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