Update on National Prearranged Services, Inc. (NPS), Memorial Service Life Insurance Company, and Lincoln Memorial Life Insurance Co.

The Texas Department of Insurance (TDI) has placed Memorial Service Life Insurance Company (Memorial Service), Lincoln Memorial Life Insurance Company (Lincoln Memorial), and National Prearranged Services, Inc. (NPS) into receivership for purposes of rehabilitation under Texas Insurance Code, Chapter 443. Representatives from Memorial Service, Lincoln Memorial and NPS have consented to the receivership and signed an agreed order on May 14, 2008.