Understanding Surplus Lines - The Weird, Whacky and Just Plain Strange
Total Credits: 3 including 3 CE Credit
- Average Rating:
- Not yet rated
- Speaker:
- Rebecca H. McCormack, CIC, CPCU, AAI, CPIW
- Course Levels:
- Intermediate
- Duration:
- 3 Hours
- License:
- Access for 90 day(s) after purchase.
Description
This course will review and discuss some of the common principles, definitions and concepts regarding surplus lines insurance.
SC Course number SC - This course is approved for 3 hours of credit - # 6000180531Type of Course: Property & Casualty
Basic Course Information
Learning Objectives- Understand the principles of surplus lines
- Examine the various types of surplus lines insurers
- Review some of the regulations, or lack thereof, involving surplus lines insurance
- Discuss relevant solvency & E&O issues in surplus lines
Major Subjects
- Definitions
- Types of surplus lines carriers
- Regulation of surplus lines
- Solvency issues
- E&O Issues
Course Materials
| Please Read - VOD credit instructions and state specific required forms (156.9 KB) | Available after Purchase | ||
| 2022 DOI Statement (132.3 KB) | Available after Purchase | ||
| Understanding Surplus Lines - The Weird, Whacky and Just Plain Strange Handout (1 MB) | Available after Purchase | ||
| Understanding Surplus Lines - Timed outline (14.2 KB) | Available after Purchase | ||
Speaker
Rebecca H. McCormack, CIC, CPCU, AAI, CPIW Related Seminars and Products
Becky McCormack is the Vice-President of the Independent Insurance Agents and Brokers of South Carolina in Columbia, South Carolina. Becky began her insurance career in 1984 after graduating from the University of South Carolina with a double major in Insurance and Economic Security and Business Management. Before joining IIABSC in September 1996, Becky’s background included agency and broker experience, as well as eight years as a Commercial Lines Underwriter and Marketing Representative for The Travelers Insurance Company. Becky instructs a variety of insurance continuing education seminars including all of the Certified Insurance Services Representative (CISR) modules, Accredited Advisor in Insurance (AAI) seminars and the Dynamics of Service seminar. She currently serves as the Chairperson of the SC Continuing Education Advisory Board for the SC Department of Insurance.
Becky holds the Certified Insurance Counselor (CIC), Chartered Property Casualty Underwriter (CPCU), Accredited Advisor in Insurance (AIA) and Certified Professional Insurance Women (CPIW) designations.
Becky lives in Chapin, SC with her husband Jeff. They have one daughter, Claire, who is an insurance agent in Hilton Head, SC.