Event Information

2021 - CIC - Commercial Property - Springfield - Nov. 3-4


Big I Illinois, Springfield, IL  
Wednesday, November 03, 2021 - Thursday, November 04, 2021   iCalendar Central Standard Time

Earn 16 hours of Illinois CE

In order to maximize coverage and protect your increasingly complex commercial property accounts, it is important to have a detailed understanding of Commercial Property coverages and endorsements, as well as the concepts used when correctly writing this business. Equally important is a familiarity with other coverages such as Time Element (Business Income), and Equipment Breakdown. At this institute you will learn to help provide your customers with the advice and protection they need.

Topics Covered:

  • Commercial Property Coverage Forms & Endorsements
  • Commercial Property Causes of Loss & Endorsements
  • Equipment Breakdown
  • Time Element Coverages & Endorsements

Participants will:

  • Examine the property coverage found in the Building and Personal Property Coverage Form including the various Additional Coverages, Coverage Extensions, and Optional Coverages. Discuss valuation methods and the application of coinsurance. Learn the proper use of various endorsements.
  • Examine the common coverage, exclusions, and limitations of the three Causes of Loss Forms (Basic, Broad, and Special) with emphasis on the Special Causes of Loss Form. You will also explore the need for the Legal Liability Coverage Form.
  • Learn the property exclusions that determine when an Equipment Breakdown Policy is needed. Determine the types of equipment to include, and the role of engineering as it relates to these policies.
  • Determine the what, how, and why of Business Income Coverage and Extra Expense coverage. Learn the importance of complying with the coinsurance provision and which Optional Coverages are used to remove or suspend this provision. Examine several valuable Business Income endorsements.

The exam will no longer be given at the conclusion of the seminar. Participants will take an online exam the week following the course in a testing window open Monday at 12:01 am through Thursday at 11:59 pm. Specific instructions will be sent to each participant. 

**Exam is NOT required for CE credit.**

Agenda:
All times CST

Wednesday
7:30 AM - 8:00 AM - Registration/Check-in

8:00 a.m. - 12:15 p.m.  - Commercial Property Coverage Forms & Endorsements with David Walker

12:15 PM - 1:15 PM - Lunch - on your own

1:15 - 5:15 p.m.  -  Commercial Property Coverage Forms & Endorsements (continued) with David Walker

5:15 - 5:30 p.m.  -  Exam Briefing 

Thursday
7:30 AM - 8:00 AM - Check-in

8:00 a.m. - 11:00 a.m.  -  Commercial Property Causes of Loss & Endorsements with David Sheets

11:00 - Noon  -  Time Element Coverages & Endorsements with David Sheets

12:00 PM - 1:00 PM -  Lunch - on your own

1:00 - 5:00 p.m.  -  Time Element Coverages & Endorsements (continued) with David Sheets

Hotel Accomodations:
Hampton Inn & Suites
2300 Chuckwagon Dr
Springfield, IL 62711
Ph: 217-793-7670

If you would rather email/mail a registration form Click here.

Big I Illinois  

4360 Wabash Ave
Springfield, IL 62711-7009
217-793-6660

Map & Directions

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Sheets, David A.
Sheets, David A.

Mid America Banking Insurance Services

Smithton, IL
US

David Sheets is Vice-President of Mid America Banking Insurance Services (MABIS), Inc. which is a division of the Iowa Bankers Insurance and Services, Inc., headquartered in Johnston, Iowa. David has a B.S in Management from Southern Illinois University-Carbondale and an MBA from Southern Illinois University-Edwardsville. He received his CIC designation in 2005 and his CRM designation in 2011. David has been active in the Risk Management and Insurance professions for more than 30 years.

David is an Associate Professor in the MBA Program at McKendree University, Lebanon, IL and an Adjunct Faculty Member, since 1991,for Southern Illinois University's Off-Campus Programs. David teaches various courses including Risk Management, General Management, Finance, Stakeholder Management, Ethics and Marketing among others.

David has been an active member of the independent agency system for many years; owning an independent agency for several years and then recruiting, training and developing independent agencies for ERIE Insurance Group. In his current position with MABIS, David has been instrumental in developing markets and independent agency relationships in Illinois and Missouri. His blend of hands-on, educational,and managerial experiences provides a unique perspective to share with working professional insurance agents.

Walker, David
Walker, David

Hartland Insurance Agency, Inc.

Hartland, MI
US

David Walker began his insurance career in 1979 as an agent with Guarantee Mutual Life Insurance Co. In 1981, he joined Hartland Insurance Agency as a producer, rose through the ranks, and currently serves as president and principal of the agency.

Throughout his career, David has been an active association leader at the state and national level. He has served on the Michigan Young Agents Council, the National Young Agents Council, the Michigan Association of Insurance Agents (MAIA) Education Committee (including three years as chairman), MAIA Legislative Affairs Committee and MAIA Agency-Company Relations Committee.

In 2014-15 he served as the Chairman of the Independent Insurance Agent & Brokers of America (IIABA or the Big “I”). At the national level, David served for five years, 2004-09, as the director representing Michigan on the Big “I” National Board of Directors. In 2009 David was elected to the IIABA executive committee at the association’s Leadership Conference in New Orleans.

He has served on many and varied committees at the IIABA level during his service on the board and executive committee. David has taught many classes nationally for CIC, CISR and numerous conventions. In addition to teaching classes, David has served on the Society of Certified Insurance Counselors Board of Governors since 2019. He also serves as an Expert Witness on a multitude of insurance issues.

David has received numerous MAIA awards including the Young Charger Award in 1986, the Aschom Education Award in 1997 and 2000, the Forsetlund Award (Agent of the Year) in 2000 and 2003, and the W.O. Hilderbrand Award in 2006 for his lifetime service and achievement in the insurance industry and MAIA, and in 2019 received the Capitol Award for his active work on legislative affairs in Michigan. In 2019 David received the Woodworth Memorial Award from the Independent Insurance Agents & Brokers of America for lifetime service to the insurance industry.