NWC News Desk

Last chance this year for insurance agents to get up to eight hours of continuing education credits locally

Posted June 10, 2008

P O W E L L, W y o. - The Northwest College Center for Training and Development in Cody will offer its final set of insurance continuing-education seminars for the 2008 year on Tuesday, July 15.

The choices include a four-credit class on Wyoming Worker's Compensation and two two-credit classes on directors and officers coverage and excess and umbrella liability policies.

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

The first session, "Discovering D&O Coverage," meets from 8-10 a.m. It starts with a look at today's reasons to have directors and officers coverage, and then moves into policy review, inclusion of the insuring agreement, coverages, deductibles, limits, exclusions, claims and the determination of who is insured. Also included is a brief discussion about excess coverage.

"Excess and Umbrella Liability Policies" meets from 10 a.m.-noon to explore the general purpose and history of excess and umbrella liability, the layers of coverage, losses, policy forms, limits, policy and the language/insuring agreement. A discussion of the declarations page and Terrorism Risk Insurance Act of 2002 is also planned.

The four-hour afternoon session on "Wyoming Worker's Compensation" starts at 1 p.m. This course was specifically written for Wyoming as a monopolistic worker's compensation state and offers a review of the Wyoming Worker's Compensation Act and definitions. Participants will learn about rights and remedies of employers/employees, extra-hazardous industries and occupations, rates and calculations, premium payments and payroll reports, coverage for out-of-state injuries, public contract work and employer registration. One section of the class is devoted to claims in worker's compensation plus misrepresentations and/or false statements.

All three seminars carry property and casualty continuing education, which is considered eligible continuing education for all Wyoming insurance agents, regardless of the license they hold.

Pre-registration is required by Wednesday, July 9, and no refunds will be given after Monday, July 7. Cost for the morning seminars is $34 each; the afternoon session is $68. Those who register for all three save $10 off the total price.

To register or for more information about these programs, e-mail Nancy Hyde or call 307-587-3506.