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In April 2013, the Insurance Services Office (IS0) began introducing a series of changes to commercial property and liability policies as well as to additional insured endorsements. The adoption of these changes is left to each state and insurer, but generally a number of ISO changes find their way into most insurance policies involving community associations.
Special Note: This program is a recorded education session from the 2014 CAI Law Seminar, brought to you by the College of Community Association Lawyers (CCAL).
Duration: 90 minutes
Program Description
In April 2013, the Insurance Services Office (IS0) began introducing a series of changes to commercial property and liability policies as well as to additional insured endorsements. The adoption of these changes is left to each state and insurer, but generally a number of ISO changes find their way into most insurance policies involving community associations.
Also, from another perspective, the ISO changes involving additional insured endorsements can have a direct and immediate impact on the contract language an association might use when it enters into contracts with contractors and service providers. All the key changes and endorsements that might involve associations will be discussed in this program including the use of a Vendor Qualification Packet as a risk management tool.
Speakers
Kevin Miller, ARM is First Vice President of Alliant Insurance Services, Inc., a national insurance brokerage specializing in community association insurance among other habitational exposures. Alliant is a specialist in catastrophic property exposures (earthquake and hurricane) and handles the largest California earthquake placement in the world along with the single largest property placement in the world. Mr. Miller has been active in this space for 14 years and is an active member of CAI. He specializes in working with complex and mixed-use associations.
Robert G. Morgan, CPCU, CLU, ChFC, CIRMS is Vice President of the Commercial Lines Division of Philadelphia Insurance Companies. His responsibilities include national oversight of the Habitational Division products which are comprised of condominiums, homeowners associations, cooperative apartments, apartments and mobile home parks. The number of insured community associations exceeds 20,000. Bob holds a degree in Business Administration with a major in Property/Casualty Insurance from St. John’s University in New York, NY.
Clifford J. Treese, CPCU, ARM, CIRMS is president of Association Data, Inc., a company specializing in community association information and data. Mr. Treese has been involved with CAI almost since its inception. He is a past president of CAI and the CAI Foundation for Community Association Research and he is a recipient of CAI’s Distinguished Service Award. Mr. Treese is author of several CAI Publications on various topics including community association risk management and insurance. He also is president of Association Consulting, Inc. a community association risk management consulting firm.
Continuing Education Credit
This program provides 1.5 credits toward:
- Certified Manager of Community Associations recertification
- Association Management Specialist redesignation
- Professional Community Association Manager redesignation
To earn credit, you must be personally registered for this program and print the certificate of completion to document your participation
Manager Certifications and
Designations
Certified Manager of Community Associations
(CMCA®) /Association Management Specialist
(AMS®) /Professional Community Association Manager
(PCAM®) /Large-Scale Manager
(LMS®)
Management Company Designation
Accredited Association Management Company
(AAMC®)
Service Provider Designations and
Distinctions
Reserve Specialist
(RS®)/Community Insurance and Risk Management
Specialist (CIRMS®)/Educated Business
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