IIAD’s All Industry Day to Feature Town Hall Meeting on Terrorism

The Independent Insurance Agents of Dallas announced it will hold the annual All Industry Day on Nov. 25. The event, “Confronting Terrorism, Not If, But When,” is sponsored by state and local insurance organizations and will focus on the progress the insurance industry and risk managers are making in addressing the business risks associated with terrorism.

Insurance and risk management experts from across the nation will be featured speakers. The day will open with a presentation by Ernst Csiszar, South Carolina’s Director of Insurance, entitled “Socialism Revisited—The Insurance Industry in America.” Csiszar is vice president, and incoming president, of the National Association of Insurance Commissioners. The luncheon keynote speaker will be Congressman Pete Sessions from Texas’ 32nd District. His remarks will focus on the topics of terrorism, risk insurance and tort reform.

The event will be held at the Hotel Inter-Continental Dallas, located at 15201 Dallas Parkway in Addison. The program, which will run from 7:00 a.m. until 4:15 p.m., is being presented by the IIAD, The Dallas Chapter of Chartered Property & Casualty Underwriters and the University of North Texas.

The fee for the full day is $125 ($100 for IIAD members) or $50 for the afternoon session ($40 for IIAD members). Registration materials can be obtained by contacting the IIAD at (214) 360-0666 or by visiting the Web site at www.insuredallas.org.

“This annual event is a prime example of the insurance industry’s commitment to bringing together and leveraging its collective knowledge for the mutual benefit of corporations, business owners and consumers,” said John Thornton, Ph.D., of the University of North Texas’ Department of Finance, Insurance, Real Estate and Law. “For all purchasers of insurance, this is a time of change and uncertainty, and the issues associated with terrorism are significant contributors to this marketplace dynamic.”

“The subject of this year’s program has implications for all lines of insurance and for consumers of those products across the nation, which is why we call this a ‘national town hall meeting,'” noted Tom Glasson, president of the DFW Chapter of Chartered Property & Casualty Underwriters. “Many companies and individuals are struggling with how to assess risk associated with terrorism and how the Terrorism Risk Insurance Act of 2002 can help us move toward a long-term solution.”

All Industry Day programs provide professional continuing education credits for the agents, brokers, claims adjusters, risk engineers, actuaries and underwriters who are involved in insurance on a daily basis. “This year’s program has a lot to offer the business community, as well as individual consumers,” explained Linda Leos, executive director of the IIAD. “Owners of small and mid-sized businesses will benefit from many of these sessions, as will the risk managers, treasurers and CFOs of larger companies who are responsible for making insurance purchasing decisions. Executives in commercial banking and commercial real estate are very attuned to this topic, as are those involved in homeowners and personal line insurance.”

In addition to an all-day exhibition of over 60 vendors associated with insurance/risk management, the event will feature panels on the following topics:
· Terrorism Risk Insurance Act of 2002 Implementation Update.
· How Are Businesses Assessing Terrorism Risk?
· Terrorism and Personal Lines Insurance.
· Utilizing Security & Crisis Consulting as Part of a Risk Management Strategy.
· Lawsuit Terrorism and Texas Tort Reform.

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