on April 3, 2017 at 9:12 AM

Voting Results - IRR CLM760 Acquisition Sync


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From: Gregg Lutz

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Download Attachment Acquired Claim Processing 20160630.pdf 161.62 kB 1 downloads
Download Attachment IRR 760 Acquisition Closure.pdf 254.52 kB 1 downloads
Download Attachment IRR CLM760 Voting Results.pdf 219.43 kB 1 downloads

Voting for IRR CLM760 completed on Friday, March 31, 2017. The proposed resolution to create a new MTC to report limited SROI data to notify the jurisdiction that the Claim Administrator has acquired the closed claim was approved along with the implementation timeline.

A total of 36 responses were received consisting of 31 Yes votes, 1 No vote and 4 Abstentions. Per the requirements of the IRR process, a two-thirds majority is needed for an IRR to be considered approved. The outcome of this vote exceeded the two-thirds requirement with 97% in favor of the proposed resolution.

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