Legislators and Commissioners Learn About Risk Management and Flood Insurance

Share Article

The Griffith Insurance Education Foundation hosted two insurance seminars for legislators and commissioners during the National Conference of Insurance Legislators (NCOIL) 2012 Annual Meeting.

News Image
With the recent flooding due to Hurricane Sandy, this seminar provided timely information and resources to state legislators regarding flood recovery.

The Griffith Insurance Education Foundation hosted two insurance seminars for legislators and commissioners on November 14-15 in Point Clear, Ala. The seminars were held during the National Conference of Insurance Legislators (NCOIL) 2012 Annual Meeting.

A total of 18 legislators from 12 states attended the Insurance 101 seminar on November 14. Information presented by noted professors in the field of risk management and insurance was intended to illustrate how insurance can be used to manage certain kinds of risk. The seminar featured academic sessions taught by Dr. Vickie Bajtelsmit of Colorado State University, Dr. Christine Berry of the University of Louisiana-Monroe, and Ted Clark, director of the Kansas Insurance Department’s Anti-Fraud Division and chair of the National Association of Insurance Commissioners’ (NAIC) Anti-Fraud Task Force.

“I have worked with The Griffith Foundation for many years to teach public policymakers about the basic principles of insurance,” said Bajtelsmit. “Our seminar provided a great learning and dialogue opportunity for this extremely important audience.”

Rep. Charles Curtiss (Tennessee), NCOIL president-elect, was pleased to attend the Insurance 101 seminar. “The faculty provided valuable information that will assist me in my legislative duties,” he said. “This seminar will help many of my colleagues earn NCOIL Institute for Insurance Policy certifications. I am proud to hold the Chartered Insurance Policymaker (CIP) certification, and wholeheartedly support this collaboration between The Griffith Foundation and NCOIL.”

The second seminar, Flood Insurance: What Happens after a Disaster, and Where Do States Fit in?, was held on November 15. A total of 40 legislators and commissioners from 18 states attended this seminar, taught by Dr. Christine Berry. “With the recent flooding due to Hurricane Sandy, this seminar provided timely information and resources to state legislators regarding flood recovery,” she said.

The flood insurance seminar addressed the following topics:

  •     How state, federal and local agencies can effectively coordinate after a flood
  •     What resources are available to state and local officials during and after a disaster
  •     What losses flood insurance will and will not cover
  •     How flood insurance underwriting and rating is impacting states and communities

“Our long-standing partnership with NCOIL to offer insurance education seminars and workshops to their members through the NCOIL Institute for Insurance Policy is very important,” said Melissa Kuhn Wheeler, director of public policymaker education for The Griffith Foundation. “We are pleased to provide these valuable resources to state legislators.”

Following attendance at a specified number of courses and workshops at NCOIL meetings and at The Griffith Foundation seminars, NCOIL member legislators can earn an Associate Insurance Policymaker (AIP) certification or a Chartered Insurance Policymaker (CIP) certification. Since 2009, these certificates have been awarded to 40 different legislators. Eleven more certificates will be awarded during a ceremony on November 16. These will include:

  •     Associate Policymaker Certificates—Rep. Jay Hottinger (Ohio), Rep. Michele Kupersmith (Vermont), Rep. Pete Lund (Michigan), Rep. Dan “Blade” Morrish (Louisiana), Sen. David O’Connell (North Dakota), Sen. Pete Pirsch (Nebraska), and Rep. Michael Stinziano (Ohio)
  •     Chartered Policymaker Certificates—Rep. Bill Botzow (Vermont), Assemblywoman Nancy Calhoun (New York), Sen. Travis Holdman (Indiana), and Rep. Barry Hyde (Arkansas)

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.    

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Melissa Wheeler
Follow us on
Visit website