For the first time since 1989, Florida has changed the continuing education requirements for licensed adjusters by dropping the mandatory category requirements of Law, Ethics, and Optional categories and how many of each that adjusters must take.
Effective today, October 1st, ALL Florida-licensed (resident-adjusters in most cases) adjusters whose CE compliance periods end this month, and from here on out, MUST complete a specific 5-Hour Law & Ethics Update course in each two-year license CE compliance period. The content of this 5-Hour Update course is highly regulated and most of the content has been specifically described by Florida’s Department of Financial Services/Education Section.
The problem is…despite nearly two years of communication from the Division of Agent & Agency Services to Florida insurance licensees, the message has not effectively reached its intended audience, and now adjusters are panicking and rushing to ensure compliance and save their licenses. Estimates are that from now on, with each passing month, approximately 2,500 Florida licensed adjusters will come face to face with this mandatory requirement…and find limited ability or availability to meet the requirement…and with penalties of $250 per licensee for failure to do so, that’s a scary thought. But there is a solution… Continue Reading
It’s simply amazing to see the impact that state-mandated continuing education (“CE”) has had on the claims industry over the last few decades. One would think (and that regulators thought) such requirements would enhance the quality and professionalism of insurance claims practice. Unfortunately, my perception is that the effect has been somewhat less than successful, and that the intent of CE has certainly not been appreciated.
These days it seems that all I hear are adjusters complaining about their CE requirements. Initially I am inclined to be unsympathetic; yet, to be honest, when I think about today’s typical CE course, I believe there may be a certain amount of logic to their dissatisfaction. In fact, it actually may not be the “requirement” of CE that is the source of their frustration, nor, perhaps, the “cost”. But if either of these issues aren’t the cause, then what is?
A number of questions come to mind:
- Is it, in fact, the quality and/or relevance of the CE? My observation is that, in today’s “frugal” and busy claims environment, a large part of the industry depends on CE requirements to provide much of today’s claims training. Is it working?
- Is it the cost? I would find that hard to believe; yet I am often asked, “Where can I get some free CE?” Given the time and expense of developing quality claims training and education, I am amazed at just how “cheaply” one can secure CE (e.g. “24 CE for $39.95!” or “Unlimited CE for $99!”). Given the fact that most of this product is rarely even relevant to the job of an adjuster, or helpful in the least, is it even worth it? The saying, “You get what you pay for” comes to mind…
- Could it be that adjusters are just too busy and don’t want to be bothered? For some adjusters, this is something with which I can sympathize. Today’s claims operations ARE very busy. But that’s the job, isn’t it?
Actually, to this last question is there not a greater point to be raised? Continue Reading