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NWC News Desk

Insurance agents can catch up to eight hours of continuing education credits in one day Aug. 4

Posted July 13, 2009
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POWELL, Wyo. - The Northwest College Center for Training and Development in Powell will offer three insurance continuing-education seminars Tuesday, Aug. 4.

The choices include two three-credit classes on flood insurance and business ethics, plus a two-credit class on business income and extra expense.

The programs are taught by representatives of Education in Pursuit LLC from Arvada, Colo.

The first session, "Business Ethics: You, Your Office and Beyond," meets from 8-11 a.m. This brand new 2009 ethics course starts with an ethics self-assessment and discussion followed by a review of the Pledge of Integrity, Principles and Virtue and a "rate yourself" section. The second part looks at work environment and the right and wrong concepts of ethics, along with responsibility and a company ethics assessment. The final part goes beyond the office, looking globally into corporate responsibility, transparency and global citizenship.  The course includes ever-popular case studies as well.

"Flood Insurance" meets from noon-3 p.m. This course satisfies the National Flood Insurance Program requirement that all licensed producers in property, casualty or personal lines of authority who sell federal flood insurance policies have a one-time, three-hour flood-training course. The class talks about what flood insurance is, who needs it and why there is an increased need for it. Also covered are property eligibility, types of programs, flood maps and zones, the flood insurance policy, general rules, rating and claims, along with agency resources. It provides an overall review for those who have sold flood insurance in the past.

The two-hour afternoon session on "Business Income and Extra Expense" starts at 3 p.m. to solve the mystery of these coverages by starting with a basic foundation and then delving into coverage forms, requirements for coverage, additional coverages and coverage extensions. One goal is to simplify the coinsurance requirement and provide options for meeting that requirement.  The class also reviews the business income form, includes case studies and ends on common errors made on Business Income.

The first seminar carries ethics credit, and the second and third both carry property and casualty continuing education, which is considered eligible continuing education for all Wyoming insurance agents, regardless of the license they hold. There is no maximum on ethics credit hours.

Pre-registration is required by July 31, and no refunds will be given after July 28. Cost for the morning seminars is $45 each; the afternoon session is $30.

To register or for more information, e-mail Stacy or call (307) 754-6062.