A Nationwide Association Of Insurance And Risk Consultants, Educators And Experts
AAIMCo Members Are The Most Sought-after Fee Based Professionals On Matters Related To Insurance And Risk
Areas Of Expertise Include Agent/Agency, Company/Wholesaler, Corporations/Enterprise, Government And Law
AAIMCo Members Are Widely Published. From Books And Resource Documents To White Papers And General Articles
AAIMCo is a non-profit trade association comprised of insurance and risk professionals who provide fee-based consulting and educational services to their clients.
The Professional Members of AAIMCo are among the most knowledgeable and highly sought after, fee-based consultants, experts and educators in the insurance and risk management fields. Their clients include insurance agencies and associations, multi-national insurance companies, corporations and attorneys for services ranging from consulting and expert witness to education and training.
AAIMCo’s purpose is to provide an insurance and risk forum for professionals of the highest caliber to share ideas and exchange information for the betterment of our professions. AAIMCo also strives to set the highest professional standards for our members and our industries and will publish official position papers in support of that goal.
Authoritative Publication of AAIMCo
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MARK YOUR CALENDAR!
AAIMCo Annual Conference May 2-4, 2024
In Chandler, Arizona at the Crown Plaza Phoenix-Chandler Golf Resort
Featured Library Publications
This article was originally published on line. With the near collapse of AIG, the world’s largest insurance company many people were asking questions about the financial soundness of a variety of insurance companies.
“An insurer’s knee-jerk denial letter cannot be saved from triggering the penalties [of bad faith] merely because the insurer’s lawyer is able to construct a post-hoc justification for denying coverage. “[I]nsurers that unreasonably delay the evaluation of the insureds’ claims [can be found liable for bad faith], even if the insurer’s ultimate assessment of the claim proves to be correct – …
A uniform law proposed by the National Association of Insurance Commissioners (NAIC) is currently working its way through state legislatures. The Corporate Governance Annual Disclosure Model Act[i] would require American insurers to disclose a wide range of information relating to their governance, performance evaluation systems, compensation and incentive plans, Enterprise Risk Management (“ERM”) plans and codes of ethics and conduct. – …
“Overall, many of the more common issues were explored in previous articles. That is not to say, however, that these are complete solutions. I have long been of the belief that extended reporting provisions, when invoked, are an incomplete solution for long-term protection. That is because one is taking a limit of liability and stretching it across at least one – …