Insurance Advisory Committee Update – 1st Qtr. 2018

Summary of discussion items: EIM management and the IAC discussed the Risk Managers Information Meeting.  Overall the meeting and the speakers were well received.  EIM received positive feedback from the attendees. The IAC task force committee chairs discussed the following in a panel discussion at the Risk Managers Information Meetings discussed the following topics: Cyber…

Read More

Insurance Advisory Committee Update – 4th Qtr. 2017

Summary of discussion items: EIM Policyholders’ Surplus grew to $1.155 billion through October, 2017. With a current membership count of 156, EIM’s membership retention remains at 99%. Energy School is scheduled for the fall of 2018 at Florida State University in Tallahassee, Florida. New business opportunities include GL- 8 submissions, D&O – 3 submissions; Property…

Read More

Insurance Advisory Committee Update – 3rd Qtr. 2017

Summary of discussion items: EIM Policyholders’ Surplus grew to $1.129 billion through August, 2017. With a current membership count of 158, EIM’s membership retention remains at 100%. The two major hurricanes, Harvey and Irma, should not be a major loss event for EIM. New business opportunities include GL 3 submissions, D&O 2 submissions; Property 11…

Read More

Insurance Advisory Committee Update – 2nd Qtr. 2017

Summary of discussion items: EIM Policyholders’ Surplus grew to $1.08 billion through April, 2017.  Discussion took place on options with respect to excess Surplus.  EIM may consider additional distributions or other actions in the event there is excess surplus. With a current membership count of 158, EIM’s membership retention remains at 100%. New business opportunities…

Read More

Insurance Advisory Committee Update – 1st Qtr. 2017

Summary of discussion items: EIM management and the IAC discussed the Risk Managers Information Meeting.  Overall the meeting and speakers were well received.  EIM received positive feedback from the attendees. EIM management and the IAC task force committees discussed the following: Cyber Liability – task force reported on the University of Cambridge cyber report. Renewables…

Read More