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FAIA and Industry News

This Week in Insurance: May 25–29, 2015

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Friday, May 29, 2015

  • Florida Workers’ Compensation JUA, Producer Committee teleconference, 10:00 a.m. To participate, contact Kathy Coyne at (941) 378-7408. 

New legislation will help perpetuate insurance industry

(Member News, Good Works Fund) Permanent link

Nearly 20% of the American insurance agency system’s workforce is expected to retire by 2018. This huge talent gap threatens the growth and stability of the insurance industry, but the Florida Association of Insurance Agents (FAIA) has helped bridge that gap by drafting a recently approved bill passed by the Florida Legislature.

The bill authorizes the Florida Department of Financial Services to waive the state exam for a personal lines agent’s license if the applicant receives an associate’s degree that includes nine credit hours of approved insurance instruction. 

College interest in insurance specialization programs is surging with passage of the bill, which creates a more meaningful college-to-career pathway for degree-seeking students who pursue insurance careers. Insurance ranks No. 19 on Florida’s list of “Industries Gaining the Most New Jobs,” and both customer service reps (No. 3) and insurance sales agents (No. 33) rank among the top 100 occupations gaining the most new jobs, considered “high skill, high wage occupations.” 

“Between replacement needs and economic growth, insurance workers are in huge demand,” says Greg Baker, chairman of FAIA’s Good Works Fund Committee, which provides financial and organizational support to state colleges that offer insurance specialization programs or seek to put programs in place. “Passage of this bill goes a long way to connecting students looking for viable career opportunities with the agencies that are ready to hire them.” 

The Good Works Fund provides financial support to Florida State University’s School of Risk Management, as well as St. Johns River State, St. Pete and Santa Fe colleges, with three more colleges planned to establish insurance programs by fall. Baker says the fund anticipates awarding up to $50,000 in scholarship awards in 2015–2016.

This Week in Insurance: May 18–22, 2015

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Tuesday, May 19, 2015

  • Florida Workers’ Compensation JUA, Producer Committee teleconference, 2:00 p.m. To participate, contact Kathy Coyne at (941) 378-7408. 

Good Works Fund spring scholarships awarded

(Good Works Fund) Permanent link

 The following insurance students received spring scholarships made possible by FAIA’s Good Works Fund. 

Grace Levy received the St. Pete College “Good Works” Scholarship ($700). Grace is enrolled in the Insurance Specialization Program and will graduate this summer. She is currently a claims technical representative and plans to take her insurance career to a higher level after graduation. “By receiving the scholarship, I am able to focus more on my education,” she said. “Your hospitality in assisting me financially has given me the opportunity to further myself in the insurance field as well as encouraged me to help others.” 

Conrad Predki received the Tom C. Johnson Scholarship ($1,500). Conrad is in his fourth year of the Risk Management & Insurance program at FSU with an interest in commercial property and casualty lines of insurance. He is seeking to gain further knowledge and first-hand experience identifying and mitigating the exposures faced by businesses and businesses owners.

Victor Tang, a junior in the RMI program at FSU, received the Buddy McCue Scholarship ($1,000). The Spencer Educational Foundation recently named Tang the 2015-16 Spencer Scholar. The foundation, which is affiliated with the Risk and Insurance Management Society, has awarded 820 scholarships since it was founded in 1979.

This Week in Insurance: May 11–15, 2015

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Monday, May 11, 2015

Tuesday, May 12, 2015

  • DFS Rule Hearing, Alternative Procedure for Resolution of Disputed Sinkhole Insurance Claims, 9:30 a.m., Tallahassee. For more information, contact Tasha Carter at (850) 413-5800. 

Wednesday, May 13, 2015

  • Florida Workers’ Compensation JUA, Investment Committee teleconference, 10:00 a.m. To participate, contact Kathy Coyne at (941) 378-7408. 

Thursday, May 14, 2015

  • Florida Workers’ Compensation JUA, Audit Committee teleconference, 10:00 a.m. To participate, contact Kathy Coyne at (941) 378-7408. 
  • Florida Workers’ Compensation JUA, Rates & Forms Committee teleconference, 2:00 p.m. To participate, contact Kathy Coyne at (941) 378-7408. 

This Week in Insurance: May 4–8, 2015

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Tuesday, May 5, 2015

This Week in Insurance: April 27–May 1, 2015

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Monday, April 27, 2015

  • Florida House of Representatives, Session, 1:00 p.m., Tallahassee. 
  • Florida Senate, Session, 1:00 p.m., Tallahassee. 

Tuesday, April 28, 2015

  • Florida Senate, Session, 10:00 a.m., Tallahassee. 
  • Florida House of Representatives, Session, 11:00 a.m., Tallahassee. 
  • Florida Workers’ Compensation JUA, Safety Committee, 11:00 a.m. To participate in the teleconference meeting, contact Kathy Coyne at (941) 378-7408. 

Wednesday, April 29, 2015

  • Florida Senate, Session, 10:00 a.m., Tallahassee. 
  • Florida House of Representatives, Session, 11:00 a.m., Tallahassee. 

Thursday, April 30, 2015

  • Florida Senate, Session, 10:00 a.m., Tallahassee. 
  • Citizens Property Insurance Corporation, Board of Governors, 10:30 a.m. To participate in the teleconference, dial 888-942-8686 and use Conf ID: 5743735657#. 
  • Florida House of Representatives, Session, 11:00 a.m., Tallahassee. 

Friday, May 1, 2015

  • Florida Senate, Session, 10:00 a.m., Tallahassee. 
  • Florida House of Representatives, Session, 11:00 a.m., Tallahassee. 

Florida Young Agents Council collects two national awards

(Member News, Young Agents Council, Leadership) Permanent link

WASHINGTON, D.C.—Florida’s Young Agents Council (YAC) received two top honors at the Independent Insurance Agents & Brokers of America (IIABA) Annual Young Agents & InsurPac State Chairpersons Legislative Luncheon. The event, held Wednesday, April 22, event is held in conjunction with the annual Big “I” Legislative Conference.

Brian ScarboroughFlorida InsurPac Chair and FAIA Vice Chair Brian Scarborough received 2014 InsurPac Young Agent Award for his enthusiasm and commitment to the cause.

“Brian lit a fire under agents of all ages and orchestrated a $12,000 increase in PAC receipts in the last four months of the year,” said Veronica Della Porta, Big “I” InsurPac chair and Florida national director. “If that wasn’t enough, he quarterbacked a $15,000 PAC-a-thon and has gone beyond the call of duty to help the Sunshine state top the fundraising charts and break records.”

Florida also received the Young Agent National Championship Award, which honors the state whose young agents donate the most money to InsurPac. Young agents from Florida contributed $11,179.

This Week in Insurance: April 20–24, 2015

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Tuesday, April 21, 2015 

  • Florida House of Representatives, Session, 11:00 a.m., Tallahassee. 

Wednesday, April 22, 2015

  • Florida House of Representatives, Session, 9:00 a.m., Tallahassee. 
  • Florida Senate, Session, 10:00 a.m., Tallahassee. 

Thursday, April 23, 2015

  • Florida House of Representatives, Session, 9:00 a.m., Tallahassee. 
  • Florida Senate, Session, 10:00 a.m., Tallahassee. 

Friday, April 24, 2015

  • Florida House of Representatives, Session, 9:00 a.m., Tallahassee. 
  • Florida Senate, Session, 10:00 a.m., Tallahassee. 
  • Florida Workers' Compensation JUA, MAP Committee, 3:00 p.m. To participate in the teleconference, contact Kathy Coyne at (941) 378-7408. 

This Week in Insurance: April 13–17, 2015

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Tuesday, April 14, 2015 

  • Florida Cabinet, 9:00 a.m., The Capitol, Tallahassee. 
  • Florida Senate, Session, 10:00 a.m., Tallahassee. 

Wednesday, April 15, 2015

  • Florida House of Representatives, Session, 10:30 a.m., Tallahassee. 

Thursday, April 16, 2015

  • Florida House of Representatives, Session, 10:30 a.m., Tallahassee.