Legislators Gain Insight at Insurance Education Seminar

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A total of 22 Oklahoma legislators, regulators and staff attended the “Insurance 101” seminar hosted by The Griffith Insurance Education Foundation on March 20 in Oklahoma City.

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I am a strong believer that only through knowledge can effective and efficient governance be obtained. The information presented in this seminar provides a better understanding of insurance in Oklahoma and how it can be improved.

A total of 22 Oklahoma legislators, regulators and staff attended the “Insurance 101” seminar hosted by The Griffith Insurance Education Foundation on March 20. The seminar, held in Oklahoma City, provided a nonpartisan overview of important insurance and risk management concepts.

“I am very proud that the Oklahoma Insurance Department has teamed up with The Griffith Foundation and the University of Central Oklahoma to offer Insurance 101 to our state legislators and their staff,” said Oklahoma Insurance Commissioner John D. Doak. “I am a strong believer that only through knowledge can effective and efficient governance be obtained. The information presented in this seminar provides a better understanding of insurance in Oklahoma and how it can be improved.”

“I gained valuable insights about the insurance industry that will enable me to make more informed decisions regarding issues impacting the insurance marketplace,” said House Insurance Chair Rep. Dan Kirby.

The seminar, Insurance 101—Basic Principles of Risk Management and Insurance, was taught by the following professors from the University of Central Oklahoma College of Business:

  •     Professor Allen Arnold
  •     Professor Stuart T. MacDonald, PhD
  •     Professor Gerald Wilkins

“I am proud to have three of our professors teaching this seminar,” said Dr. Randal Ice, chair of the Department of Finance at the University of Central Oklahoma. “I am pleased that they are sharing their expertise to help educate our lawmakers on these important issues.”

The Griffith Foundation relies on charitable contributions for support of its mission to engage public policymakers and improve understanding of key insurance and risk management information and trends. “We have developed a strong, proven approach over the years,” said Melissa Wheeler, program director of public policymaker education for The Griffith Foundation. “We are constantly refining our approach to reflect changes in how lawmakers get information and learn about complex topics.”

About The Griffith Insurance Education Foundation
The Griffith Insurance Education Foundation is a 501(c)(3) non-profit educational organization that promotes the study and teaching of risk management and all lines of insurance through educational programs targeting students and public policymakers. The Griffith Foundation is affiliated with The Institutes, the leader in delivering proven knowledge solutions that drive powerful business results for the risk management and property-casualty insurance industry. For more information, visit http://www.griffithfoundation.org.            

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