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Total Credits: 1 including 1 CE Credits

Average Rating:
   5
Category:
Professional Development |  Professional Development - Operations and Human Resources
Faculty:
Richard Pitts
Course Levels:
All Levels
Duration:
1 Hour
License:
Access for 30 day(s) after program date.

Dates


Description

This seminar is a fast-paced review of current events, trends, and issues of interest to insurance producers. The session begins with a quick update on federal insurance-related developments and then turns to a review of two important national cases over the prior 12 months.

Then, the session turns to a review of the developments in the National Association of Insurance Commissioners, the National Conference of Insurance Legislators, and the Insurance Services Office. In each instance, the focus is on changes in forms or coverage that producers need to understand on a look-forward basis.
Next, the seminar turns to developments in the field of cannabis and insuring risks in that industry.  The contrast between developments in recently “green” states and those with a more mature cannabis industry are highlighted.  The following section focuses in on recent cybersecurity developments, noting specifically the prospect of a change in governmental position regarding ransom payments.

The following section examines changing technology. The emphasis here is on developments with regard to autonomous vehicles and the insurance challenges they present, along with an update with regard to drone technology and the Federal Aviation Administration’s advancing regulations in this field. Simply put, with advancements in drone technology and reductions in market prices, the airways have been democratized. Producers need to be informed about the ever-increasing possibility that an insured may be using a drone, or perhaps even an autonomous vehicle, in their business.

The hour concludes with a forward-looking approach by examining four trends that many experts believe will impact the insurance industry for years to come. One of the four, social inflation, is believed to be already present in influencing rates and underwriting.

Basic Course Information

Learning Objectives
  • Federal Issues Update 
  • Case Studies
  • Regulatory Update
  • Insurance Implications of Marijuana
  • Cybersecurity Developments
  • “Future” Issues in Insurance
     

Major Subjects
  • Federal Issues
  • Case Studies
  • Regulatory Update
  • Marijuana
  • Cybersecurity
  • Technology
  • Future of Insurance 

Course Materials

Faculty

Richard Pitts's Profile

Richard Pitts Related seminars and products

Vice President and General Counsel

Arlington Roe


Richard S. Pitts is a private practice attorney in the insurance industry.  Rick serves as Vice-President and General Counsel to Arlington/Roe & Co., Inc., an insurance brokerage and managing general agent headquartered in Indianapolis.  Rick also serves as general counsel to the Independent Insurance Agents of Indiana, Inc., as well as its sister organization in Kentucky.  Rick speaks annually at the “Roadshows” in Kentucky and Indiana’s Agency Compliance Seminars and presents various seminars on insurance and employment related matters.  Pitts has also presented continuing education seminars to insurance professionals nationally through industry groups including the National Alliance for Insurance Education and Research.

 

Rick is a 1983 graduate of Wabash College and a 1986 graduate of Indiana University School of Law – Indianapolis.  Pitts clerked for the Honorable Patrick D. Sullivan, a judge of the Indiana Court of Appeals in 1986-87.  Rick is admitted to practice before Indiana state and federal courts, the United States Supreme Court and the United States Court of Appeals for the Seventh Circuit and is a member of local, state and national bar associations.  Pitts has tried multiple cases and participated in over seventy appeals.

 

Pitts is the recipient of the “Excellence in Continuing Legal Education Award” from the Indiana Continuing Legal Education Forum (ICLEF), having served as a panelist and lecturer on a variety of continuing education subjects.  Pitts has co-authored two articles appearing in the Indiana Law Review.       

 

rpitts@arlingtonroe.com


Dates

Wed, Dec 14, 2022 - 01:00pm to 02:09pm EST
Tue, Dec 20, 2022 - 09:00am to 10:09am EST
Thu, Jan 05, 2023 - 03:00pm to 04:09pm EST
Mon, Jan 23, 2023 - 09:00am to 10:09am EST
Mon, Feb 06, 2023 - 11:00am to 12:09pm EST
Tue, Feb 21, 2023 - 01:00pm to 02:09pm EST
Tue, Mar 07, 2023 - 03:00pm to 04:09pm EST
Wed, Mar 29, 2023 - 09:00am to 10:09am EDT
Mon, Apr 03, 2023 - 11:00am to 12:09pm EDT
Tue, Apr 25, 2023 - 01:00pm to 02:09pm EDT
Mon, May 01, 2023 - 03:00pm to 04:09pm EDT
Wed, May 17, 2023 - 09:00am to 10:09am EDT
Thu, Jun 01, 2023 - 11:00am to 12:09pm EDT
Wed, Jun 21, 2023 - 01:00pm to 02:09pm EDT
Tue, Jul 11, 2023 - 03:00pm to 04:09pm EDT
Wed, Jul 26, 2023 - 09:00am to 10:09am EDT
Thu, Aug 03, 2023 - 11:00am to 12:09pm EDT
Tue, Aug 29, 2023 - 01:00pm to 02:09pm EDT
Wed, Sep 06, 2023 - 03:00pm to 04:09pm EDT
Tue, Sep 19, 2023 - 09:00am to 10:09am EDT
Thu, Oct 12, 2023 - 11:00am to 12:09pm EDT
Tue, Oct 31, 2023 - 01:00pm to 02:09pm EDT
Thu, Nov 02, 2023 - 03:00pm to 04:09pm EDT
Fri, Nov 17, 2023 - 09:00am to 10:09am EST
Mon, Dec 11, 2023 - 11:00am to 12:09pm EST
Thu, Dec 21, 2023 - 01:00pm to 02:09pm EST

State Specific Details

State Approval Information Details KY - This course is approved for 1 hour of credit - C21433

Basic Course Information

Designed For Insurance Agents

Reviews

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Overall:      5

Total Reviews: 5

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