2017 Year in Review - El Camino CPCU Chapter

Tue, 01/02/2018 - 11:39
by Carol McDonald, CPCU AIM

 In January, we kicked off the New Year with a great presentation on “Slip, Trip & Falls – Fact or Friction?”.  We learned how to determine why these claims happen and some of the investigative techniques to use to determine if the claim should be covered, denied or if there’s potential subrogation or red flags.

 In February, we enhanced our understanding of Insurance Agents’ & Brokers’ Liability and were given examples of Liability or comparative fault of an insured.  Plus, we learned new concepts like “Third eye blind” fees & loss prevention.

 In March for Ethics month, we had an interesting interactive session covering Ethics & Technology that provided and in depth overview of evidence collection, the submission process &  how the use of technology has become a huge concern to the California State Bar Association and the Insurance Industry. 

In April to tie into tax season, we had an interesting presentation where the head of Farmers Insurance Tax Strategy Department “divulged” information about the Insurance Industry Tax Environment which gave us an overview of the risks and opportunities in the current state regulatory environment and the different types of taxes & tax strategies used by insurance companies.  

After a meeting on taxes, we needed a night of levity and an opportunity to mix and mingle, so later that same month, we partnered with the Los Angeles Chapter and hosted a fun night on City Walk and had food and drinks at the Karl Strauss Brewing Co.

In May, we learned about taking the mystery out of fire investigations with an interesting and informative presentation on “The DNA of Fire Investigations – Sword or Shield”.  Everyone came away with a better understanding of how experts conduct investigations to determine the Origin & Cause of a fire and the importance of selecting the right expert for the case.    

Later that month, we were invited to attend another social gathering and have some fun with the Orange Empire Chapter at their annual wine tasting event in Tustin. 

In June, we had another mix & mingle event at BJ’s restaurant where everyone had a great time networking with other industry professionals, meeting the chapter board, our new designees, CPCU candidates and others over drinks, pizza and salads.  Plus, with the opportunity drawing we saw several lucky people walk away with fun items.  

 

 Then on June 24th, one of our New Designees hosted a celebration party with other new designees who completed their CPCU designation in the last class that was conducted by Tessa Lucero.  Some of our Board and chapter members were there to congratulate them on earning their CPCU designation and for recognizing that their studies were over (for now).

We were dark for July and August and we hope everyone enjoyed some fun in the sun!

In September, we held our second annual chapter meeting on the CSUN campus with Dr. David Russell and his students who are pursuing a degree and career in the insurance industry.   This continues to be a unique opportunity for us to give the CSUN students a new perspective of the insurance industry.   We had several chapter members participate in a panel discussion and then chapter leaders held table discussions that focused on career perspective and ideas, how the CPCU designation can help achieve higher goals and why learning doesn’t end with a Bachelor’s degree.   We are looking forward to the 3rd annual CSUN event!

 

In October we participated in another successful CPCU All Industry Day Conference hosted by the Los Angeles & El Camino Chapters.  Bringing together over 220 attendees, 16 exhibitors covering their services and products, and some amazing educational sessions, this group effort was once again a big success for our chapters.   Save the date for the 2018 CPCU All Industry Day Event on Tuesday, November 6th!

 

In November, we had a very interactive session with a special agent from the National Insurance Crime Bureau (NICB) who brought us up to speed on some of the latest insurance fraud tactics, red flags to watch out for and current “Hot Topics” within the insurance industry to include the industry response to natural disasters and fires, rogue tow operations, medical fraud and organized groups. The discussion identified various investigative resources available to industry personnel and to the public to deter and avoid fraudulent schemes.

 

In December, we enjoyed the annual Holiday Luncheon, the Installation of the 2018 Officers & Directors and Toys for Tots Drive!  Thank you to our Chapter Governor, Andrea Eickhoff, for being our Master of Ceremony and to everyone for attending and supporting Toys for Tots. 

Now here comes 2018 - Kick off the New Year by joining other CPCU’s & Insurance Professionals on Thursday, January 11th at Farmers Insurance for an interesting and informative session on: “Big Data & Fraud Analytics” presented by Jinjie Duan/Head of Claims Actuarial & Predictive Analytics and Kamala Wedding/Director of Claims Special Investigation Unit.   This session will teach us what Big Data is, types of Big Data like artificial intelligence and how Big Data is being used to help reduce claims fraud in the insurance industry. 

We hope to see you on January 11th and for all of our 2018 chapter meetings and events. 

If you’re interested in getting involved in the chapter as a volunteer, please contact Christopher (Chris) Faber, CPCU at: (661) 425-2083 or Email at: Christopher.faber@farmersinsurance.com.

    Happy Holidays from the California El Camino CPCU Chapter Board to YOU!


Comments (1)


Looking forward to 2018!
2 years 8 months ago