SUMMARY

We provided an unqualified opinion on the HIRSP Authority´s financial statements for 2011. As of December 31, 2011, 21,317 policyholders were enrolled in the state-based HIRSP plan and 998 policyholders were enrolled in the temporary federal high-risk pool. The HIRSP Authority´s net assets totaled $9.5 million at the end of 2011.