8:00 AM – 9:00 AM Registration & Continental Breakfast

8:55 AM Welcome
Glenn H. Shelly, CPA, Vice President and CFO, Lititz Mutual Insurance Company
PAMIC Financial Management Committee Chair

9:00 AM – 9:50 AM
Update on Statutory Accounting and Other Regulatory Topics
Steve Johnson, Deputy Commissioner, PA Insurance Department
Mr. Johnson will discuss Pennsylvania Insurance Department financial reporting regulations.

9:50 – 10:40 AM
Corporate Governance/Ethics
Elaine Nissley, Principal, McKonly & Asbury, LLP
This presentation will cover business ethics. It will include a summary of business ethics program and best practices based upon the Federal Sentencing Guidelines. A discussion on how generational differences affect business ethics will also take place.

10:40 – 11:00 AM Break

11:00 AM – 11:50
Tax Update
Mark Heath, Partner, McKonley and Asbury
This session will give you a look at recent changes in tax policy and accounting, along with a look ahead at what may be coming down the road.

11:50 – 1:00 PM Lunch

1:00 PM – 1:50 PM
Fraud Prevention
Ralph Burnham, Executive Director, PA Insurance Fraud Prevention Authority
What do $15.9 billion in 2008’s auto insurance premium leakage reported by Quality Planning Corporation and $27 billion in 1st Quarter 2011 catastrophe related losses reported by A.M. Best have in common? Both include large dollar amounts lost to insurance fraud – from lies told to steal from your companies. Learn how the Pennsylvania Insurance Fraud Prevention Authority has gained national recognition as a model anti-fraud agency and what is it doing today to assist your companies in reducing losses caused by insurance fraud cheats.

1:50 PM – 2:10 PM Break

2:10 - 3:00
Electronic Billing and Payments
Grant Brown, Vice President, Industry Development eWise Systems
This presentation is a review of the market’s participants and customer opportunities for the insurance industry.

3:00 - 3:50 PM
Annual Statement Update
Henry J. Straub, CPA, Brown Schultz Sheridan & Fritz
Mr. Straub will update attendees on changes made to the 2011 Annual Statement as well as changes made to Statutory Accounting Principles.

3:50 PM Adjourn