Insurance Skills Center Offers Classes on Katrina, Disaster Planning

The Insurance Skills Center is offering two new classes on disaster preparedness, to be held in Pasadena, Calif., on Jan. 17, and in Irvine, Calif., on Jan. 24.

The classes qualify for eight continuing education credits (CEs). The morning class, “Lessons Learned from Katrina,” will discuss:

*Disaster recovery planning and implementation;
*Governmental responsibilities and response;
*The effect on the insurance marketplace including the re-insurance market—global affect;
*The traditional insurance responses for personal and business clients;
*The traditional insurance limitations and exclusions; and
*Federal insurance programs and relief.

The afternoon class, “Disaster Planning for Broker/Agents & Their Clients,” will analyze the insurance industry’s response to natural and unnatural disasters, as well as examine how the insurance world interacts with the world of government (Federal Emergency Management Agency), politics and the law. Included as part of the curriculum will be issues involving capitalization, reinsurance, retrocessional re-insurance, finite reinsurance, guarantee funds as well as the politicizing of claims that follows a wide-spread disaster.

That class will review the most recent disasters, including the Northridge Earthquake, Hurricanes Andrew and Katrina, the Indonesian Tsunami. and the Oklahoma City and World Trade Center bombings.

To register or for more information, visit www.insuranceskillscenter.com to download the brochure.

Topics Reinsurance