APRIL 1998 CHAPTERGRAM
A Message From Your President...
Spring is finally here and with that, two CPCU related topics come to mind. The first topic is to encourage CPCU's to volunteer to help with the Blank Children's Hospital Fire Safety House. Assisting the firemen demonstrate this house is flin and rewarding. The many third grade students that go through the house all greatly enjoy the experience and the knowledge of fire prevention that the house teaches. It would be great to get many CPCU volunteers. Please see the enclosed information to contact Nancy Green.
The second Spring topic that comes to mind is the April luncheon meeting on the 7th at the Hotel Fort Des Moines. This month's topic is National Flood Insurance. I look forward to seeing you all there.
Cindy Adams, CPA, CPCU President Iowa Chapter
Early April Meeting Reminder...
As indicated to you in the March Chaptergram, the April meeting will be Tuesday, April 7, at the Hotel Fort Des Moines, 10th & Walnut, from 11:30 a.m. to 1:00 p.m. A business meeting will be held to elect officers for the 1998-99 year, and Mr. Dean Ownby, CPCU, Regional Marketing Manager for the Flood Program, will be our guest speaker.
The cost is $15.00 per person and includes lunch. If you haven't already done so, please let Bob Conroy of CGA Insurance Services know you plan to attend.
Teleconference - National Flood Insurance Program...
If you're interested in the National Flood Insurance Program, don't forget this teleconference on Wednesday, April 8, at the SECO STARC Armory, 6100 NW 78th Ave., Des Moines, and also in Boone, Burlington, Clinton, Fort Dodge and Muscatine. Registration is from 7:30 a.m. to 8:00 am., 8:00 to 12:00-teleconference, lunch on your own, 1:00 to 5:O0 Teleconference, and the cost is $10.00 (continuing education credits - 8 hours).
For flirther information, contact Dean Ownby or Sonja Wood of NFIP, 913-7804238. May Meeting - Luncheon...
May Meeting Update...
This year the May meeting has been changed from a dinner to a luncheon. It will be held on Wednesday, May 20, 11:30 am. at Willow Creek. Installation of officers will follow lunch, and golf is optional.
Live Satellite Broadcast -
The Year 2000 Crisis: Identifying and Managing Exposures...
Our chapter will host a live satellite broadcast, "The Year 2000 Crisis: Identif~ing and Managing Exposures," on Thursday, May 7, 1998 at the Farm Bureau Auditoriurn from noon to 4:00 p.m. The broadcast will feature three panels comprised of the industry's leading experts. Each of the panels will help identif~ the Year 2000 exposure, discuss pre4oss risk control and risk financing measures, and present contingency planning and disaster recovery program information.
Some specifics to be covered in the program include:
The various types and potential severity of losses which may occur, including direct and contingent business interruption, general liability, D & 0 and E & 0
The latest risk control techniques being developed in an effort to prevent or reduce the severity of Y2K losses, including testing and validation, contingency operations, and reviewing contracts for potential Y2K exposure.
The risk financing techniques to pay for losses, including a discussion of programs which have been offered and exclusionary language which is intended to delete the possibility of coverage under existing policies.
Issues raised by auditing firms.
The latest status of insurance company filings and insurance department responses.
Registration for the broadcast is $95 for CPCU Society members and $119 for non-members.
Registration must be received by April 23. To register, or for more information, contact the CPCU Society at (800) 932-2728 or contact Jo Ann Olson at 225-5931.
Board Members and Committee Chairs - Please Note...
The meeting scheduled for Tuesday, April 7 at 3:30 p.m., has been changed to 10:30 a.m. at the Hotel Fort Des Moines.
CPCU Fire Safety House...
Thanks again for your past support of the CPCU Fire Safety House. The Iowa Chapter plans to assist the Des Moines and West Des Moines Fire Departments while visiting third grade elementary school classes again this spring, and volunteers are needed. Here's the schedules.
Monday, April 13, 9:15 a.m. - Mann School, 1001 Amos
Tuesday, April 14, 9:15 am. - Findley School, 3000 Cambridge
Wednesday, April 15, 1:15 p.m. - St. Augustine School, 4320 Grand Ave.
Thursday, April 16, 1:15 p.m. - Granger School, 101 E. Leach
Friday, April 17, 1:15 p.m. - Moore School, 3725 52nd Street
Monday, May 4, 9:15 a.m. - Holy Family School, 1913 University
Tuesday, May 5, 1:15 p.m. - Douglas School, 3800 E. Douglas
Wednesday, May 6, 1:15 p.m. - Hanawalt School, 225 56th Street
Thursday, May 7, 1:15 p.m. - Moulton School, 710 College
Friday, May 8, 1:15 p.m. - Watrous School, 6430 SW 14th Street
We should receive more schedules from West Des Moines schools soon. approximately 2 hours to help with the Fire Safety School.
Please call Nancy Green at 280-2850 or Joanie Fiorer at 245-8871 to register forobtain additional information.
Iowa Insurance Hall of Fame Banquet...
Governor Terry E. Branstad will be the featured speaker at the Iowa Insurance Hall of Fame Banquet to be held Thursday, April 23, at the Iowa Historical Building, 600 E. Locust, with hors d'oeuvres at 5:30 p.m. and the program at 6:30 p.m.
Cost is $20.00 per person and checks should be made payable to the Iowa Chapter of CPCU. Please send the attached reservation to Bob Conroy, CGA Insurance Services, by Wednesday, April 15.
Grinnell Mutual Reinsurance Co. Gift to Firefighters...
Grinnell Mutual Reinsurance Co. employees recently contributed $670 to the Grinnell Fire Department toward the purchase of equipment for a new rescue truck. The Grinnell Sub-Chapter of CPCU sponsored the event. The City of Grinnell is taking bids on the new rescue unit.
Continuing Professional Development...
One of the requirements for our chapter to obtain the Society's Presidents Award is that 20% of our chapter obtain CPD certification. If you simply attend the majority of the local chapter events, you are more than half-way there!
You must have earned 60 points over the past 2 years to obtain certification. To assist you in the completion ofthe attached application, the following information has been compiled regardingthe local meetings and semmars:
Category PDS - Attend educational meetings or seminars sponsored by CPCU.
-3/21/96 Educational Seminar - Property Valuations - 3 points
4/25/96 Educational Seminar -Business Income Coverages - 3 points
-11/16/95 I-Day Seminar - 4 points
1/28/97 Risk Management Workshop - 3 points
2/4/97 Insurance Through the Internet Satellite Broadcast - 7 points
3/13/97 Educational Seminar - 3 points
11/13/97 I-Day Seminar - The Future As We See It - 4 points
3/12/98 Educational Seminar - 3 points
5/7/98 Year 2000 Satellite Broadcast - 4 points
Category PD9 - Attend CPCU chapter meetings (one point per meeting). 1/96 - 12/96
1/18/96, 2/15/96, 4/18/96, 9/19/96, 10/24/96, 12/19/96
1/97 - 12/97
1/16/97, 2/20/97, 4/17/97, 9/18/97, 10/23/97, 12/18/97
1/98 - 4/98
1/15/98, 2/19/98, 4/7/98
Please refer to the above information and record the number of points that apply to the meetings that you attended.
There have been recent changes in the CPD program. It is no longer required that documentation be attached to your application for any of the categories. Approximately 5% of the CPD applications will be audited randomly each year. Also, any CPCU who accumulates enough CPD credits through IIA/AICPCU programs, such as passing two associate level exams, will be automatically qualified and will receive a congratulatory letter notif~ing them.
Just a reminder to the Class of 1995, your two years of automatic CPD qualification expired on December31, 1997.
If you have any questions concerning CPD, please contact Alison Cate at 280-2606.
If you have news of interest to the Chapter, send it to:
Bruce Kelley, EMC Insurance Companies
P.O. Box 712
Des Moines, IA 50303-0712