Claim Professionals Liability Insurance Company (A Risk Retention Group)
17742 Irvine Blvd
Suite 102 
Tustin, CA 92780

CPLIC Newsletter
November 2007

 

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Claim Professionals Liability Insurance Company
(A Risk Retention Group) ("CPLIC")
Welcome to the CPLIC website.  To learn more about CPLIC please view the entire article below by clicking here or browse the following frequently asked questions:
 

 
Do you want  comprehensive, cost effective Errors and Omissions Coverage?
 

 

 

 

   NAIIA

 

How About...

* broader coverage
* fewer exclusions
* lower deductibles
* lower premiums











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New E&O Insurance Information

Claim Professionals Liability Insurance Company, (A Risk Retention Group)

Claim Professionals Liability Insurance Company, (A Risk retention Group). (CPLIC) was created by the National Association of Independent Insurance Adjusters (NAIIA) to provide Errors & Omissions and General Liability coverage to all claim professionals who meet the underwriting criteria and will accept CPLIC's risk management guidelines. CPLIC was incorporated in Vermont on September 1, 2004 and received a license to conduct it's insurance business from the Vermont Insurance Commissioner effective September 19, 2004. CPLIC operates as a risk retention group under the federal Liability Risk Retention Act ("LRRA")of 1986 as a member. Under the LRRA,  every CPLIC insured must be an investor in CPLIC and every CPLIC investor must be insured. As a Risk Retention Group, CPLIC can reach out to qualified claim professionals everywhere in the United States and offer to them broader coverage with fewer exclusions, lower deductibles, and in most cases, lower premiums, but most of all, a perpetuating entity of claim professionals, run by claim professionals for the benefit of claim professionals.

To maintain the amount of capital required to satisfy the regulators in Vermont, CPLIC's state of domicile, we asked each claim professional or firm of claim professionals to look at the amount paid for the most recent year's Errors & Omissions and General Liability coverage and place on deposit with NAIIA $1,000, which represents one share of Class B stock for each $1,000 in premium paid, rounded up to the next $1,000. For instance, if your total premium paid was $2,100, you would need to invest $3,000. If your total premium paid on your current or most recent coverage  was $900 you would need to invest $1,000. No one is allowed to invest more or less than calculated based on their premium. This formula will insure relative equality among CPLIC's shareholders. At the time CPLIC was formed, each person who had deposited money with the NAIIA was first given the opportunity to review CPLIC's actuarial prepared financial statements and pro formas. Since CPLIC commenced operation in September 2004, investors who elected to convert their money on deposit to stock in the company, are now entitled to vote that stock and to participate in dividends that may become available. It is anticipated that the cost of CPLIC stock, or the investment required to get in, will increase rapidly. Therefore, if you want to express your independence by owning a part of your own insurance company and having a say in your future protection, it is suggested that you join CPLIC today.  Full information will be provided to all of those that deposit, and to trigger the receipt of that information, please fax a copy of your current or most recent E & O policy declaration page, along with confirmation of your transmittal to CPLIC, attn: Michael Hale at (714) 731-4605.
  On-line Application form is available here.

Feel free to direct any questions to Michael Hale, President of CPLIC, at 1-800-221-1236. We must protect our collective future.

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Claim Professionals Liability Insurance Company,(A Risk Retention Group). (CPLIC) was created by the National Association of Independent Insurance Adjusters (NAIIA) to provide Errors & Omissions and General Liability coverage to all claim professionals who meet the underwriting criteria and will accept the risk management guidelines of CPLIC.

 

The vehicle used to provide Errors & Omissions and General Liability coverage to eligible claim professionals is a risk retention group created under the federal Liability Risk Retention Act of 1986, as amended ("LRRA").

 

Simply, it calls for every insured to be an investor in CPLIC and every investor to be insured by CPLIC. 

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As a Risk Retention Group, CPLIC can reach out to qualified claim professionals everywhere in the United States. 

 

We offer broader coverage with fewer exclusions, lower deductibles, and in most cases, lower premiums, but most of all, a perpetuating entity of claim professionals, run by claim professionals for the benefit of claim professionals.

 

Make a commitment to professionalism.  Read all of the information available on this site.  Print and complete the application, subscription agreement and shareholders agreement found on this site.  Send with your current declaration page to our address above.  If you need consideration in less than 30 days you may fax the application and current declaration page to 714-731-4605. We will tell you if you qualify, how much your premium will be and how much investment you will be required to make within a week of receipt

Application Form

 

Stock certificates will be issued to your firm on the following basis:  1 share of class A stock for each $1400 invested.  Class A stock is available to members of the National Association of Independent Insurance Adjusters only.  One share of class B stock for each $1000 invested.  Class B Stock is available to all independent claim professionals except members of the NAIIA.

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If you are an NAIIA member your investment will be 4 shares at $1400 each.  All others will be 4 shares at $1000 each.
 

 

When the company does go forward, if you elect to convert your money on deposit to stock in the company, you will be entitled to vote that stock and also be entitled to participate in dividends that may be available. 

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If you want to express your independence by owning a part of your own insurance company and having a say in your future protection, it is suggested that you act now to put your money on deposit with CPLIC. 

 

Feel free to direct any questions to Michael Hale, CEO, NAIIA Risk Retention Group Coordinator at 1-877-572-7542, fax 714-731-4605,  or e-mail to Michael.Hale@cplic.net .

 

   

 We wish to utilize this space to publicly recognize those who have worked so hard on the CPLIC project. The NAIIA Member response has been superb with numerous talented volunteers contributing to the formation of CPLIC. In fact,  we have saved  considerable sums of money by ably accomplishing so much on our own.

First and foremost, we all owe immeasurable gratitude to Michael Hale. But for his idea, expertise and about 3,000 hours of his time, CPLIC wouldn’t exist!

We also owe our many diverse, knowledgeable volunteers a great debt of gratitude for their pro bono efforts. Some of these folks have contributed countless hours to the project. You know whom you are, and you should take great satisfaction in a job well done (sure, there will be more to do, but much has been accomplished). All on the following NAIIA committees have contributed what they could, and we are humbly appreciative for their efforts.  We can only thank them for their professionalism, their wisdom and their belief in CPLIC.

 

THE RISK MANAGEMENT COMMITTEE
     Bruce Mountjoy, Able Claims Service, Inc., Spokane, WA
     Michael Marsh - Midland Claims Service, Inc., Billings, MT
     Kenneth M Johns, III. - Johns Eastern Company, Inc., Sarasota, FL
     Tom Francisco – Multi-Line Claim Service, Lauderhill, FL
     Larry Norman - L. W. Norman and Associates, Inc., Southfield, MI
     Ronald Zaremba - Zaremba Claims Service, Inc., Yakima, WA

     William H Rapp - Wickizer & Clutter, Inc., Springfield, MO

THE UNDERWRITING COMMITTEE

     Dan Price, Pacific Claims division of American Claims Management,
     San Diego, CA
     Tom Moss, Tenco Services, Inc., Nashville, TN
     Dane Havard, Northern Adjusters, Inc., Anchorage, AK
     Frank Marx, Curley Adjustment Buerau, Inc., Philadelphia, PA

THE MANUSCRIPT FORMS COMMITTEE

     Michael Marsh, Midland Claims Service, Inc., Billings, MT
     Michael Hale, Carter Insurance Claims Services, Inc., Tustin, CA
     Robert B. MacDonald, The MacDonald Companies, Inc., - Hamden, CT
     Kenneth M. Johns, III, Johns Eastern Company, Inc., -Sarasota, FL
     Terry Nixon, Nixon and Company, Inc., St. Louis, MO
     Alan Mayfield, T.M. Mayfield and Company, Inc., Charlotte, NC
     Gary Keenan, Keenan & Associates, Inc. – Albuquerque, NM
     Bruce Mountjoy, Able Claims Service, Inc., Spokane, WA

 THE INVESTMENT COMMITTEE

     Dane Havard, Northern Adjusters, Inc., Anchorage, AK
    
Tom Moss - Tenco Services, Inc., Nashville, TN
     Ken Johns - Johns Eastern Company, Inc., Sarasota, FL
     Mike Wood - ASU Group, Okemos, MI

     Chuck Reilly - Edward R. Reilly & Co, Inc., New York, NY

THE CAPITAL COMMITTEE

      ALABAMA - FRANK HARRIS *- FH1977@aol.com
      ALASKA - DANE HAVARD *- dhavard@nadj.com
      ARIZONA - DAVE CONGER* - info@westernclaimstucson.com
      ARKANSAS - MARTY BROWN* - marty@brownadjustment.com
      CALIFORNIA - 
Chris Koning* - ckoning@koning.us
      COLORADO - JIM MORLAN* - morlanandcompany@aol.com
      CONNECTICUT - DAVID BEAVER* - claims@eastlandclaim.com
      DELAWARE -  BILL BARNES* lbmgr@aol.com 
      FLORIDA - MARK RICHARDSON* - claims@totura.com
      GEORGIA – PETER CROSA* - atlanta@peterjcrosa.com
      HAWAII – TERRY MULLEN* - info@johnmullen.com
      IDAHO -  DAN GRATTON* grattonadjust@aol.com
      ILLINOIS - BILL HALL * mail@ljshaw.com
      INDIANA - JEFF TURLEY turcoclaim@worldnet.att.net
      IOWA -  CHARLESJ. BRUMMOND - iiclaims@iowadsl.net
      KANSAS - PAT BELLO*- claims@lpbello.com
      KENTUCKY - MIKE GILLIGAN*- gilly01@bellsouth.net
      LOUISIANA - STEVE BROWN - contact@brownclaims.com
      MAINE - JOHN KIDDER* - jtkidder@colonialadj.com   
      MARYLAND - BILL BARNES* - lbmgr@aol.com 
      MASSACHUSETTS - PAUL OTOOLE* - claims@butterworthotoole.com
      MICHIGAN – JOHN JBARA - aojjj@worldnet.att.net
      MINNESOTA - GEORGE SARTAIN *- sartain@heritageclaims.com
      MISSISSIPPI – GENE PHILLIPS - claims@phillipsassoc.com 
      MONTANA - DAN GRATTON* -grattonadjust@aol.com
      NEBRASKA - JIM BLAHA* - lcs@littonclaims.com
      NEVADA  - JIM HUNT - lisitd@aol.com
      NEW HAMPSHIRE - JOHN KIDDER* - jtkidder@colonialadj.com

      NEW JERSEY - T.D. CUSACK* - tdcusack@cusackcompany.com
      NEW MEXICO - GARY KEENAN * - gmkeenan@keenan-assoc.com
      NEW YORK - RALPH ANDERSON* - afstager@aol.com
      N. CAROLINA JIM GREENE JR* - char@jcgreeneco.com
      N. DAKOTA - DAN GRATTON* - grattonadjust@aol.com
      OHIO - JOHN ARTER* - arteradjusting@aol.com
      OKLAHOMA - MIKE LEE * - generalinfo@westernclaims.com
      OREGON - RON ZAREMBA * - zaremba@zclaims.com

      PENNSYLVANIA -HAYDEN SAMUEL * - claims@easternclaims.com
       RHODE ISLAND -MIKE PELLEGRINO* - pelladjust@covad.net
      S. CAROLINA TOM NOLAN* - nolanandco@aol.com
      S. DAKOTA - JIM BLAHA* - lcs@littonclaims.com  
      TEXAS - MARSH GENTRY* - gentry@gentryclaims.com
      UTAH - DUANE NICHOLS* - nicadj@msn.com
      VERMONT - JOHN KIDDER* - jtkidder@colonialadj.com

      VIRGINIA - ARTHUR HARDY* - abc@cacadj.com
      WASHINGTON- RON ZAREMBA * - zaremba@zclaims.com
      WEST VIRGINIA- CHARLES CALL* - calladjsvc@aol.com
      WISCONSIN - GEORGE SARTAIN * - sartain@heritageclaims.com

      WYOMING - JIM MORLAN*  - morlanandcompany@aol.com
 

 Board of Directors

     Michael Hale, Carter Insurance Claims Services, Tustin, CA
     Bruce Mountjoy, Able Claims Sercvice, Inc., Spokane, WA
     Alan Mayfield, T.M. Mayfield & Co, Inc., Charlotte, NC
     Terry Nixon, Nixon & Co, Inc., St. Louis, MO
     Dan Price, Pacific Claims division of American Claims Management,
            San Diego, CA
    Frank Marx, Curley Adjustment Bureau, Inc., Philadelphia, PA
    Andrew Sargent

THE DIVIDEND COMMITTEE

     David Meisner, Metro Adjusting Service, Inc., Covington, KY
     Wiley Price, Premier Insurance Adjusters, Inc., Montgomery, AL
     Chris Koning, Koning & Associates, San Jose, CA
     George Sartain, Heritage Claim Service, Inc., Brooklyn Park, MN
     Gary Keenan, Keenan & Associates, Inc., Albuquerque, NM 
     Harold Kern, Champion Claim Service, Inc., Pittsburgh, PA
  

THE CLAIMS COMMITTEE

     Bill Rapp, Wickizer & Clutter, Inc., Springfield, MO
     Mark Richardson, Totura & Company, Inc., Ft. Lauderdale, FL
     Harold Kern, Champion Claim Service, Inc., Pittsburgh, PA
     Marty Brown, Brown Adjustment Service, Inc., Feyetteville, AR
     Tom Francisco, Multi-Line Claims Service, Inc., Lauderhill, FL
     Tom Wilton, Wilton Adjustment Service, Inc., Anchorage, AK

And, supporting the CPLIC effort in every way possible has been NAIIA Executive Director, Dave Mehren. He has streamlined our efforts, made suggestions, contributed hours of time, coordinated many tasks and helped the cause to a tremendous degree.

Respectfully submitted,
Daniel G. Price, CPCU, RPA

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