Participants will need:  Internet e-mail access to receive/view support materials; A telephone (or speakerphone if multiple participants)

2008 schedule—New programs added!

---

Feb. 11: Commercial Umbrella vs. Excess—With Bryan Tilden, CIC, CPCU, CLU, ChFC, ARM, ALCM

Register
DC/VA: Teleconf. only | w/CD-ROM

Do you know the difference between umbrella vs. excess and can you properly recommend coverage for your commercial clients? There is confusion regarding the difference between each, and your thorough grasp of the difference can make or break a sale. Industry expert Bryan Tilden, CIC, CPCU, CLU, ChFC, ARM, ALCM will help you understand the history of umbrella and excess, explore the different ways a self insured retention is applied and analyze the “trap” of non-concurrent programs. This discussion will help you reduce the chance of errors and omissions claims, provide quality customer service and develop the skills to determine the difference between umbrella and excess. Bring your questions to this informative program!

---

Feb. 20: Risk Management for the High Profile Personal Lines Account—With Rita Hollada, CIC, CPCU, CPIA

Any personal lines agent or account manager who writes or services clients with exclusive homes, obvious assets and interesting lifestyles should participate in this program.  The  participants will benefit from a risk identification approach to these clients' financial exposures.  We will explore concerns regarding the places they live, including international locations, as well as the types of activities in which they participate, including watercraft and aviation exposures.  Some suggestions of insurance coverages to explore will be discussed, although policy specifics will not be addressed due to the short duration of the discussion.  The participant will benefit from this opportunity to think “ outside the box” of the traditional policy based approach to personal lines.

Register
DC/VA: Teleconf. only | w/CD-ROM

 

---

April 1 : Writing Condominium Coverage—With Rita Hollada, CIC, CPCU, CPIA

Register
DC/VA: Teleconf. only | w/CD-ROM

While ownership of a condominium unit is ownership of real property, it is anything but standard, routine or predictable.  The condominium concept of shared ownership pincludes as many varieties of insurance responsibility as there are varieties of building types.  Anyone who is asked to insure a condominium unit must first be concerned with a larger field of issues.  This program will explore concepts of common condominium law and practice as well as language usually found in condominium declarations addressing insurance responsibility.  Issues of ownership versus insurance responsibility will be discussed as well as coverage extended by the association policy  and  the unit owner policy.  The interest of the individual unit mortgagee will also be reviewed, including the correct form of documentation to be provided to that mortgagee.  Anyone who is ever asked to insure a condominium association or an individual unit owner will benefit from this program.

---

May 13: Homeowners' Policy Beyond the Basics: Subtleties, Nuances, etc.—With Michael D'Orlando, CIC, CPIA

Register
DC/VA: Teleconf. only | w/CD-ROM

This informative program will address some of the lesser known—or misunderstood— policy wording and answers questions such as, “If Mom and Dad retire to Florida, but they keep the original house so that their son or daughter can continue to live there, is the son or daughter still an insured on Mom and Dad's policy?”;

“You have a party at your house…Someone has “a few drinks” and goes driving away…Host Liquor Liability – Is it a “Now you see it (HO '91)…Now you don't (HO '00)” situation?”;

“Loss Assessment coverage: How do the Homeowners Policy forms deal with the master policy deductible?”;

“Are foundations covered?”;

“Do I have coverage if I borrow my friend's camera and it gets stolen while I'm on vacation?”

... We'll explore these topics and more.

Learning objectives:

• To understand who is an insured, by definition, and how insured status can suddenly change;
• To understand the differences in wording in the '91 and '00 editions of the Homeowners Policy regarding “host liquor” liability in relation to motor vehicle accidents;
• To understand how the Homeowners form deals with Loss Assessment resulting from an association Master Policy deductible;
• To understand whether certain types of property, such as foundations, and property of others are covered and to what extent.

---

May 29: D&O Insurance – What's All the Fuss?— With Robin Federici

Register
DC/VA: Teleconf. only | w/CD-ROM

This program is an intermediate course that will review the need for profit, private and not-for-profit organizations to purchase Directors and Officers Liability coverage. We will discuss where claims arise from, why the coverage is needed and the types of actions that can be brought against our insureds. Every commercial insured should be offered a D&O policy. This program will emphasis some of the reasons why.

---

June 17: Coinsurance and Valuation Clause—With Michael D'Orlando, CIC, CPIA

Register
DC/VA: Teleconf. only | w/CD-ROM

The Coinsurance Clause in the commercial property forms and the Valuation Clause in the BOP and Homeowners' Policies have been very misunderstood not only by the public, but also by many insurance professionals. In today's insurance environment, coinsurance penalties are becoming more and more common. E&O claims are arising because many insureds are not carrying limits high enough to meet the coinsurance requirements and the insureds are blaming their agents for not explaining coinsurance to them. This program will explain how these provisions work and clarify the misconceptions surrounding them.

---

Sept. 18: Collision Damage Waiver vs. Auto Insurance – Good, The Bad and The Really Ugly! (All states EXCEPT New York)— With Robin Federici

Register
DC/VA: Teleconf. only | w/CD-ROM

Rental car agreements can open up a number of “coverage gap” issues not fully addressed by auto policies. This course will review just what are our insured's are agreeing to when signing these contracts and how our current auto policies address the contractual responsibility. The program will begin with a review of some current rental agreements and then compare what coverage is granted by the personal and commercial auto policies.

 

Thurs., Oct. 23: Valuation – Part 1: A Slippery Slope

(includes courts' definition of ACV and challenges of the “Broad Evidence Rule”)
— With Robin Federici, CPCU, AAI, ARM, CPIW

Topic is germane for both personal & commercial lines. LEVEL: Intermediate-Advanced

Property polices generally include one of two valuation methods - Actual Cash Value or Replacement Cost. Since most policies do not define “Actual Cash Value” the courts have had to decide, in many cases, what ACV means. In this course we will explore the courts definition of ACV and the challenges we face with the introduction of the “Broad Evidence Rule”.

Registration coming soon.

---

Fri., Oct. 31: Valuation – Part 2: So Many Choices

(includes options available to amend valuation methods)
— With Robin Federici, CPCU, AAI, ARM, CPIW

Topic is germane for both personal & commercial lines. LEVEL: Intermediate-Advanced

Unendorsed property polices generally include one of two valuation methods - Actual Cash Value or Replacement Cost. However, with the various options available to amend these two valuation methods, which one is right for our insureds? What is Agreed Value? What is the difference between Replacement Cost and Functional Replacement Cost? This course will answer some of these and other burning valuation questions.

Registration coming soon.

---

For more information on the L'n'L program, go to: http://www.pia.org/EDU/extras/LunchNLearnCentral.shtml

Can't click the links? Simply copy & paste the URL into your Web browser.

Administered by PIANY, a PIA VA/DC affiliate

25 Chamberlain Street
P.O. Box 997
Glenmont, NY 12077
Phone: (800) 424-4244
Fax: (888) 225-6935
http://www.pia.org

CONFIDENTIALITY NOTICE: This e-mail message, including any attachments, is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply e-mail and destroy all copies of the original message.