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Attention: This course is not approved for State reported continuing education credits.
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Designated participants are only allowed to register for this course.
This Online MEGA is allowed only for CIC, CRM and CPRM Dues Paid designees.
To earn designation update credit in this course, you MUST have paid your annual dues. Please click the link to Pay your Dues
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In the case of multiple licenses, please enter your resident state license information as CE credit will only be processed for one state. Modifications to your CE request may be made up until the last day of the course through the My Courses tab in your PROfile. Certain states have rules regarding repetition of courses, please review those requirements prior to requesting CE credits.
The State of Nevada has only approved this course for 3 credits of Property & Casualty and 3 credits of Ethics.
IMPORTANT: If you have previously taken this course it is imperative that you review the repetition rules established by your State Department of Insurance as some states do not allow a course to be repeated within a certain period of time.
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OVERVIEW AND TOPICS
Program Agreements for Large Casualty
During this four-hour session, insurance professionals will gain insights into program agreements relevant to large casualty insurance agencies and companies. Participants will develop a clearer understanding of what program agreements entail and their purpose. The discussion will cover the intended audience for program agreements, from the perspectives of the insured, insurer, and agent/broker. Key components, typical characteristics, and applicable lines of coverage—such as workers' compensation, general liability, and auto liability—will be examined. Additionally, attendees will examine key elements to check in program agreement, explore the types of collateral utilized, and get a better understanding of the collateral process and its significance in program agreements. The session will also identify policy traps that can impact losses in a program agreement. Furthermore, participants will learn the distinction between a statute of limitation and a statute of repose, along with their implications for the payment of insurance claims.
Program Agreements for Large Casualty (cont.)
During this four-hour session, insurance professionals will gain insights into program agreements relevant to large casualty insurance agencies and companies. Participants will develop a clearer understanding of what program agreements entail and their purpose. The discussion will cover the intended audience for program agreements, from the perspectives of the insured, insurer, and agent/broker. Key components, typical characteristics, and applicable lines of coverage—such as workers' compensation, general liability, and auto liability—will be examined. Additionally, attendees will examine key elements to check in program agreement, explore the types of collateral utilized, and get a better understanding of the collateral process and its significance in program agreements. The session will also identify policy traps that can impact losses in a program agreement. Furthermore, participants will learn the distinction between a statute of limitation and a statute of repose, along with their implications for the payment of insurance claims.
