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Center for Curriculum and Transfer Articulation
Insurance Regulations
Course: CSR180

First Term: 2002 Spring
 Lecture   3 Credit(s)   3 Period(s)   3 Load  
Subject Type: Occupational
Load Formula: S


Description: Overview of regulations for the insurance industry. Covers property and casualty, dwelling and homeowner`s in addition to commercial general liability and personal auto. Also includes Arizona State Statutes



MCCCD Official Course Competencies
1. Describe policy provisions provided for Arizona law and regulations. (I)
2. Explain concepts of general insurance. (I)
3. Summarize the principals and provisions of property and casualty insurance. (II)
4. Explain Standard Fire Policy. (III)
5. Identify and describe coverage and provisions for dwelling policies. (III)
6. Explain division of coverage with respect to homeowner`s policies. (IV)
7. Describe provisions for homeowner`s policies. (IV)
8. Describe components of commercial package policies. (V)
9. Summarize commercial general liability policies. (V)
10. Differentiate between various commercial package policies. (V)
11. Differentiate between business owner coverage types. (VI)
12. Explain various types of Worker`s Compensation coverage. (VII)
13. Summarize policy coverage for ocean marine, aviation and floods. (VIII)
14. Compare and contrast various types of surety bonds. (VIII)
15. Explain considerations for personal auto policies. (IX)
16. Describe personal auto policy provisions and liabilities. (IX)
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements.
 
MCCCD Official Course Outline
I. Arizona Insurance Regulations
   A. Licensing
   B. State Regulation
      1. Company
      2. Agent
   C. Federal Regulation
   D. Property and Casualty Policy/Provisions
      1. Guaranty Fund
      2. Cancellation
      3. Non-Renewal
      4. Auto
   E. General Insurance
      1. Concepts
      2. Insurable Risk
      3. Law of Large Numbers
      4. Indemnity
      5. Financial Status
      6. Producers
      7. Contracts
II. Property and Casualty
   A. Principles and Concepts
      1. Insurable Interest
      2. Underwriting
      3. Rates
      4. Hazards
      5. Negligence
      6. Damages
      7. Liability
      8. Loss
   B. Policy Structure
      1. Declarations
      2. Definitions
      3. Insuring Agreement
      4. Supplementary Coverage
      5. Conditions
      6. Exclusions
      7. Endorsements
   C. Policy Provisions
      1. Insured
      2. Policy Period
      3. Cancellation
      4. Non-Renewal
      5. Deductible
      6. Liability
      7. Restoration
      8. Coinsurance
      9. Vacancy
      10. Provisions
III. Dwelling Policy
   A. Standard Fire Policy
      1. Basis
      2. Parts
      3. Use
      4. Restrictions
      5. Declarations
   B. Dwelling Property Forms
   C. Coverage
      1. Dwelling
      2. Other Structures
      3. Personal Property
      4. Fair Rental Value
   D. Provisions
      1. Debris Removal
      2. Deductible
      3. Extended Coverage Endorsement (ECE)
      4. Wind, Hail, Aircraft, Riot, Vehicles, Volcanoes, Explosions, Smoke (WHARVVES)
      5. Vandalism
      6. Exclusions
      7. Flood Insurance
      8. Additional Conditions
      9. Additional Coverage
      10. Replacement Cost
      11. Additional Perils
      12. Endorsements
IV. Homeowner`s Policy
   A. Definition
   B. Division of Coverage
      1. Property
      2. Liability
   C. Definitions
   D. Provisions
      1. Perils
      2. Conditions
      3. Exclusions
      4. Endorsements
   E. Forms
V. Commercial Package Policy
   A. Components
      1. Common Policy Declarations Page
      2. Interline Endorsements
      3. Coverage Parts
      4. Conditions
   B. Commercial General Liability
   C. Commercial Property
   D. Commercial Crime
   E. Inland Marine
   F. Boiler/Machinery
   G. Farmowner
   H. Commercial Auto
VI. Businessowner
   A. Definition
   B. Coverage Type
      1. Property
      2. Liability
   C. Forms
   D. Provisions
VII. Worker`s Compensation
   A. Definition
   B. Laws
   C. Coverage
      1. Workers
      2. Employer Liability
      3. Other States
   D. Provisions
VIII. Other Coverage
   A. Ocean Marine
      1. Definition
      2. Coverage
      3. Risk
   B. Aviation
      1. Definition
      2. Coverage
      3. Exclusions
   C. Flood
      1. Definition
      2. Coverage
      3. Maps
   D. Surety Bonds
      1. Definition
      2. Coverage
      3. Parties
      4. Types
IX. Personal Auto
   A. Definition
   B. Laws
   C. Liability
   D. Considerations
      1. Rates
      2. Underwriting
      3. Coverage
   E. Declarations
   F. Provisions
      1. Supplemental Payments
      2. Medical Payments
      3. Uninsured Motorist
      4. Underinsured Motorist
      5. Auto Damage
      6. Endorsements
   G. Exclusions
 
MCCCD Governing Board Approval Date:  11/27/2001

All information published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.