Common use of LOSS ADJUSTMENT TRAINING CURRICULUM AND REQUIREMENTS Clause in Contracts

LOSS ADJUSTMENT TRAINING CURRICULUM AND REQUIREMENTS. (1) Training curriculum developed by the Company must include those eligible livestock price insurance contracts which the Company indicates in Appendix II it will be selling or servicing in the State, and include at a minimum (for new loss adjusters or applicable employees, all of the following and for experienced loss adjusters or applicable employees, updates and changes), sufficient information to make such persons proficient in: (a) The items listed in subsections B.(1)(a), (b), (c), (d), (f), and (i); (b) The requirements in the procedures applicable to adjustment of claims for eligible livestock price insurance contracts and any changes thereto; (c) How to properly verify the accuracy of the information contained on applicable forms, documents, notices and reports; (d) How to properly determine the amount of production to be used for the purposes of determining losses; (e) The requirements under applicable Federal civil rights statutes; and (f) Other requirements as may be determined by FCIC. (2) Before the Company may permit persons identified in section II.A. to adjust or sign any claim for any eligible livestock price insurance contract: (a) The new loss adjuster or other applicable person must participate in a structured training program of at least 3 hours for each plan of insurance sold, on all of the items listed in paragraph (1). (b) The experienced loss adjuster or other applicable person must annually complete at least 3 hours of structured training, on updates or changes specifically related to the areas listed in paragraph (1) or that are identified by FCIC or the Company as deficient during the quality control reviews or processing of the sales related documents. (c) All loss adjusters and other applicable persons must pass a basic competency test (all results must be maintained by each Company in accordance with section II.A.6.a. and IV.F. of the Agreement). Basic competency tests must specifically relate to the areas listed in paragraph (1) and determine the proficiency of the persons who completed the required training to accurately and correctly determine the amount of the loss and verify applicable information. Additionally, the Company must review the test results and document follow-up training initiatives for any area of identified weakness on the part of any one or more new loss adjusters or experienced loss adjusters. (d) All loss adjusters and other applicable persons must retake and pass the competence test every three years. (e) The Company must obtain and have available upon request, documentation for any loss adjuster or other applicable persons that has passed the basic competency test within the past 3 years with another AIP to fulfill the requirements of this paragraph.

Appears in 4 contracts

Samples: Appendix to an Insurance Agreement, Appendix Iv Definitions, Appendix

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LOSS ADJUSTMENT TRAINING CURRICULUM AND REQUIREMENTS. (1) Training curriculum developed by the Company must include those eligible livestock price crop insurance contracts which the Company indicates in Appendix II it will be selling or servicing in the State, and include at a minimum (for new loss adjusters or applicable employees, all of the following and for experienced loss adjusters or applicable employees, updates and changes), sufficient information to make such persons proficient in: (a) The items listed in subsections B.(1)(a), (b), (c), (d), (f), (i), and (ij); (b) The requirements in the procedures applicable to adjustment of claims for eligible livestock price crop insurance contracts and any changes thereto; (c) How to properly verify the accuracy of the information contained on applicable forms, documents, notices and reports; (d) How to properly determine the amount of production to be used for the purposes of determining losses; (e) The requirements under applicable Federal civil rights statutes; and (f) Other requirements as may be determined by FCIC. (2) Before the Company may permit persons identified in section II.A. to adjust or sign any claim for any eligible livestock price crop insurance contract: (a) The new loss adjuster or other applicable person must participate in a structured training program of at least 3 60 hours for each plan of insurance sold, on all of the items listed in paragraph (1) (including at least 24 hours of classroom training). (b) The experienced loss adjuster or other applicable person must annually complete at least 3 18 hours of structured training (including at least 6 hours of classroom training), on updates or changes specifically related to the areas listed in paragraph (1) or that are identified by FCIC or the Company as deficient during the quality control reviews or processing of the sales related documents. (c) All loss adjusters and other applicable persons must pass a basic competency test (all results must be maintained by each Company in accordance with section II.A.6.aII.A.8.a. and IV.F. IV.G. of the Agreement). Basic competency tests must specifically relate to the areas listed in paragraph (1) and determine the proficiency of the persons who completed the required training to accurately and correctly determine the amount of the loss and verify applicable information. Additionally, the Company must review the test results and document follow-up training initiatives for any area of identified weakness on the part of any one or more new loss adjusters or experienced loss adjusters. (d) All loss adjusters and other applicable persons must retake and pass the competence competency test every three years. (e) The Company must obtain and have available upon request, documentation for any loss adjuster or other applicable persons that has passed the basic competency test within the past 3 years with another AIP to fulfill the requirements of this paragraph.

Appears in 2 contracts

Samples: Appendix, Appendix

LOSS ADJUSTMENT TRAINING CURRICULUM AND REQUIREMENTS. (1) Training curriculum developed by the Company must include those eligible livestock price crop insurance contracts which the Company indicates in Appendix II it will be selling or servicing in the State, and include at a minimum (for new loss adjusters or applicable employees, all of the following and for experienced loss adjusters or applicable employees, updates and changes), sufficient information to make such persons proficient in: (a) The items listed in subsections B.(1)(a), (b), (c), (d), (f), (i), and (ij); (b) The requirements in the procedures applicable to adjustment of claims for eligible livestock price crop insurance contracts and any changes thereto; (c) How to properly verify the accuracy of the information contained on applicable forms, documents, notices and reports; (d) How to properly determine the amount of production to be used for the purposes of determining losses; (e) The requirements under applicable Federal civil rights statutes; and (f) Other requirements as may be determined by FCIC. (2) Before the Company may permit persons identified in section II.A. to adjust or sign any claim for any eligible livestock price crop insurance contract: (a) The new loss adjuster or other applicable person must participate in a structured training program of at least 3 60 hours for each plan of insurance sold, on all of the items listed in paragraph (1) (including at least 24 hours of classroom training). (b) The experienced loss adjuster or other applicable person must annually complete at least 3 18 hours of structured training (including at least 6 hours of classroom training), on updates or changes specifically related to the areas listed in paragraph (1) or that are identified by FCIC or the Company as deficient during the quality control reviews or processing of the sales related documents. (c) All loss adjusters and other applicable persons must pass a basic competency test (all results must be maintained by each Company in accordance with section II.A.6.a. and IV.F. IV.G. of the Agreement). Basic competency tests must specifically relate to the areas listed in paragraph (1) and determine the proficiency of the persons who completed the required training to accurately and correctly determine the amount of the loss and verify applicable information. Additionally, the Company must review the test results and document follow-up training initiatives for any area of identified weakness on the part of any one or more new loss adjusters or experienced loss adjusters. (d) All loss adjusters and other applicable persons must retake and pass the competence competency test every three years. (e) The Company must obtain and have available upon request, documentation for any loss adjuster or other applicable persons that has passed the basic competency test within the past 3 years with another AIP to fulfill the requirements of this paragraph.

Appears in 1 contract

Samples: Appendix to an Insurance Agreement

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LOSS ADJUSTMENT TRAINING CURRICULUM AND REQUIREMENTS. (1) Training curriculum developed by the Company must include those eligible livestock price insurance contracts which the Company indicates in Appendix II it will be selling or servicing in the State, and include at a minimum (for new loss adjusters or applicable employees, all of the following and for experienced loss adjusters or applicable employees, updates and changes), sufficient information to make such persons proficient in: (a) The items listed in subsections B.(1)(a), (b), (c), (d), (f), and (i); (b) The requirements in the procedures applicable to adjustment of claims for eligible livestock price insurance contracts and any changes thereto; (c) How to properly verify the accuracy of the information contained on applicable forms, documents, notices and reports; (d) How to properly determine the amount of production to be used for the purposes of determining losses; (e) The requirements under applicable Federal civil rights statutes; and (f) Other requirements as may be determined by FCIC. (2) Before the Company may permit persons identified in section II.A. to adjust or sign any claim for any eligible livestock price insurance contract:or (a) The new loss adjuster or other applicable person must participate in a structured training program of at least 3 hours for each plan of insurance sold, on all of the items listed in paragraph (1). (b) The experienced loss adjuster or other applicable person must annually complete at least 3 hours of structured training, on updates or changes specifically related to the areas listed in paragraph (1) or that are identified by FCIC or the Company as deficient during the quality control reviews or processing of the sales related documents. (c) All loss adjusters and other applicable persons must pass a basic competency test (all results must be maintained by each Company in accordance with section II.A.6.a. and IV.F. of the Agreement). Basic competency tests must specifically relate to the areas listed in paragraph (1) and determine the proficiency of the persons who completed the required training to accurately and correctly determine the amount of the loss and verify applicable information. Additionally, the Company must review the test results and document follow-up training initiatives for any area of identified weakness on the part of any one or more new loss adjusters or experienced loss adjusters. (d) All loss adjusters and other applicable persons must retake and pass the competence test every three years. (e) The Company must obtain and have available upon request, documentation for any loss adjuster or other applicable persons that has passed the basic competency test within the past 3 years with another AIP to fulfill the requirements of this paragraph.

Appears in 1 contract

Samples: Appendix to an Insurance Agreement

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