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This Online MEGA is allowed only for CIC, CRM and CPRM Dues Paid designees.
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The State of Nevada has only approved this course for 3 credits of Property & Casualty and 3 credits of Ethics.
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OVERVIEW AND TOPICS
The CMIP Exam is an open-book format, with 20 multiple choice questions and an hour to complete the exam. A link to the exam will be sent immediately following the Seminar with a 10-business day window to complete the exam.
Longshore Situs and Status
Participants will examine the Longshore & Harbor Workers’ Act and understand that medical and wage benefits are provided to employees whose work is maritime in nature and performed on near navigable waters of the United States. They will dive deep into the two tests that injured employees must meet to be covered under this Act, the Longshore Situs and Longshore Status Tests. They will explore the Longshore Act Status Exclusions and the Longshore Situs Case studies regarding non-navigable waters of the U.S. Participants will also learn the changes in the Act regarding what is considered a recreational vessel, with an in-depth review of the latest Regulations January 2012. They will discuss how the Act addresses passenger vessels, small passenger vessels, uninspected passenger vessels, vessels routinely used in commercial service, and vessels that routinely carry passengers for hire.
Protection & Indemnity Insurance
After an overview of Protection & Indemnity (P&I) Insurance and types of vessels needing coverage, participants will learn the unique exposures and legal remedies for crew injury, followed by an in-depth study of the major P&I Forms Comparisons. They will review P&I Endorsements including Automatic Acquisition Clause, Schedule of Vessels, Additional Insureds, Crew Warranty/Named Crew, and Combined Single Limit along with the Builders Risks P&I and Club Rules. Rounding out the presentation are Risk Transfer Techniques.
Maritime Employers Liability
Participants will gain a deeper understanding of the unique exposures of Marine Contractors, Energy Contractors, Commercial Diving Companies, Vessel Owners / Operators / Managers, and Recreational Vessel Repair. They will learn how to properly structure each industry’s insurance programs to properly cover the exposures and to minimize E&O exposures.
Navigating Longshore Beyond the Basics
In this session, participants will review the Longshore Rules, Small Vessel Exclusions, the Longshore Act Compensation, and Longshore Presumptions. They will learn about the Liability for Compensation, Cancellation of Coverage, The Longshore Endorsement, Officer and Owner Exclusions and Payroll Limits, and NCCI vs. Non-NCCI Modifiers.
Putting It All Together – Industry Specific Examples
Participants will gain a deeper understanding of the unique exposures of Marine Contractors, Energy Contractors, Commercial Diving Companies, Vessel Owners / Operators / Managers, and Recreational Vessel Repair. They will learn how to properly structure each industry’s insurance programs to properly cover the exposures and to minimize E&O exposures.
