Session 1
8:00 am to 9:00am
CA Experience Rating Plan
(Simplifying the Ex-Mod Factor)
1 CE Credit* Course #367031
· California rate and profitability marketplace cycles
· Qualifying for experience rating
· How payroll and losses determine the experience modification
· The impact of claim severity versus frequency
· NCCI mods - intrastate and interstate
Steve's Bio *Please bring CA License number to receive course credit.
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Session 2
9:30 am to 10:30am
Glimmers of Hope for Reforming Insurance Regulation Amid Ever-Expanding FAIR Plan Exposures. 1 CE Credit Course # Pending OVERVIEW
The purpose of this class is to review of the elements of California Insurance Commissioner Ricardo Lara’s Sustainable Insurance Strategy, the status of his efforts to reform regulation of the property & casualty business of insurance, and a detailed update on the operations of, and changes in, the California FAIR Plan and how it is managing continued substantial growth in policies being issued and exposures being assumed.
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