Learn how proper procedures and documentation can be used to prevent or reduce unethical behavior or errors and omissions (E&O) claims. Discuss agent duties to the insurance company under the law of agency, duties to the client under “dual agency,” and responsibilities to others who may be relying upon your insured’s insurance protection, such as mortgage holders, family members, loss payees, and lessors. Examine agency procedures such as the account review process, coverage surveys and summaries, applications, binders, policy cancellation and non-renewal, certificates of insurance, and record retention.
Paul Burkett is the president and CEO of Snoaspen Insurance Group that provides risk management, training, expert witness services to agent E&O carriers. After serving as an officer in the U.S. Air Force, Paul began his insurance career with SAFECO that included loss control, sales representative, underwriting, and management responsibilities. Paul then moved to Frank B. Hall & Company as VP Risk Management Services responsible for alternative insurance programs such as pools, self-insurance, and captives. Certifications include: J.D., CIC, CRM, CPCU, ARM, ALCM
This webinar course is approved for 3 hours of Wisconsin continuing education credit. Attendees must be present during the webinar to receive CE credits.
Course fee is $39.00 for IIAW members, $57.00 for non-members. The IIAW will email a Webinar Invitation to you for the scheduled class approximately 24 hours before the webinar begins, along with any other required forms.
Adobe Flash Player is required to view the webinar. A link for a free download will be included in the Webinar Invitation.
A written request for a one-time transfer of the full registration fee to another scheduled IIAW webinar or a refund less a $5 cancellation fee may be made up to 24 hours before the beginning of the webinar for which the individual is registered. Substitutions are welcome — please email notification of name, license number, and email address for receiving login information