Last Chance to Register: Financial Management Seminar

Next week on September 9th and 10th this year,  PAMIC and the Financial Management Committee will host a 2-day virtual conference worth 8 CE and CPE credits. Sessions begin at 10am and will end at 3:15pm both days with breaks and a lunch hour. Attend the sessions from your desk and learn from expert panelists about the following:

•  M&A Activity in the Industry (Tony Latini, Boenning & Scattergood)

•  Investment Market Update (John Schaefer, CEO, AAM Investment Management)

• Technology and COVID-19 Roundtable (moderated by Phil Schmoyer, Baker Tilly)

• Reinsurance Market Update (Rick Hartmann, Guy Carpenter)

• PA Insurance Department Update (Melissa Greiner, PID)

• Annual Statement Update (Steve Merrill and Jeffrey Clippinger, BSSF)

• Updates in litigation and business interruption insurance (Scott Rybny, Morgan & Akins)

Members may register for the entire two-day virtual conference at a 25% discount, totaling $120 or each day for $80. Only have time for a morning or afternoon session? Register separately at only $40 per morning OR afternoon session on either day of the conference! Non-members are also welcome to attend at a separate rate for each option. 

To view the event page, register for the virtual conference, or for more information, please visit:

https://pamic.info/event-3779462

To sponsor the event or for more information on sponsoring, please visit: https://pamic.info/event-3786126

Thank you to Program Sponsors: Boenning & Scattergood, and Federal Home Loan Bank of Pittsburgh. As always, thank you to our Platinum and Flex sponsors that generously support us throughout the year.

Questions? Contact Andrea Stroble, Director, Education & Events at astroble@pamic.org. Registration will close soon!

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Where: PAMIC Online
When: August 10, 2020
Time: 1:00 PM

According to PAMIC's bylaws, an annual meeting must take place each year. Due to the cancellation of the MAMAC Convention, this year's Annual Meeting and PAC Annual Meeting will take place virtually.

The Annual Meeting will begin at 1:00 p.m. on Monday, August 10, 2020. This meeting will be immediately followed by the Annual PAC meeting.

Although all members are welcome to attend, please register in advance.

Please contact Lora Sharp at lsharp@pamic.org if you have any questions.

PAC Annual Meeting Agenda

1. Call to Order (PAC Chair)

2. Anti-trust Statement (Chair)

3. Reading and acceptance of Minutes (Chair)

4. PAMIC PAC Update (Chair)

5. PAMIC PAC Treasurer’s Report (President)

6. Announcement of Grassroots Champions (Chair & President)

7. Adjournment (PAC Chair)

Annual Meeting Agenda

1. Call to Order (Chair)

2. Anti-Trust Statement (Chair)

3. Reading and acceptance of Minutes (Chair)

4. Chairman’s Report (Chair)

5. President’s Report (President)

6. Treasurer’s Report (Treasurer)

7. Committee Reports (Chair)

8. Ratification of 2018/2019 action of the Officers, Directors, and Committees (Chair)

9. Nomination for Officers and Directors (Immediate Past Chair)

a. Vote for Nominated Officers and Directors (Chair)

10. Recognition of Immediate Past Chair (President) and Incoming Chair (Chair)

11. Incoming Chair Address

12. Adjournment

PAMIC would like to welcome Colonial State Adjusters

Colonial State Adjusters is a comprehensive claims service provider offering multi-line and independent claims adjusting, and is proud to continue the service we have provided to the insurance industry to our area beginning in 1988.

Company owner, Melanie L. Thomas and previous owner Raymond Thomas have been working together to grow Colonial State Adjusters substantially over the years. Ray has 41 years experience in the claim industry as an auto appraiser, property and casualty adjuster, and on the home office staff with Allstate Insurance as a Property Instructor at their facility in Northbrook, IL and a catastrophe coordinator.

Although many changes have taken place in the industry since 41 years ago, it has been a gratifying experience to see Colonial State Adjusters grow and stay true to its founding principles. Our motto of "Service Second to None" and our pledge of prompt and courteous service remains the cornerstone of the company.

The Colonial State Adjusters team is committed to quick and friendly claim service handling. We are committed to providing clear communication with our customers to achieve our goal of completing claims effectively and efficiently while building trust in our claims handling.

Our Mission Statement

Serving Central and Western PA since 1988, Colonial State Adjusters is committed to providing Multi-Line Claim Service efficiently, effectively and with a friendly smile. Our motto has always been Service Second to None!

On September 9th and 10th this year, join PAMIC and the Financial Management Committee for a 2-day virtual education experience! Earn CE and CPE credits while attending sessions from your desk. Content will cover the following topics:

•  M&A activity in the industry (Tony Latini, Boenning & Scattergood)

•  Investment Market Update (AAM Investment Management)

• A two-part session on Cyber/Insurtech (Penn National, Kin Insurance)

• Reinsurance Market Update (Rick Hartmann, Guy Carpenter)

• PA Insurance Department Update (Joe DiMemmo, PID)

• Annual Statement Update (Steve Merrill and Jeffrey Clippinger, BSSF)

• And more!

Members may register for the entire two-day virtual conference at a 25% discount, totaling $120 or each day for $80. Only have time for a morning or afternoon session? Register separately at only $40 per morning or afternoon session on either day of the conference! Non-members are also welcome to attend at a separate rate for each option. 

This event is also taking sponsorships! Click here for more details or to register as a sponsor: 2020 Financial Management Seminar Sponsorship Registration

Questions? Contact Andrea Stroble, Director, Education & Events at astroble@pamic.org. Registration is open! Click here for more details: 2020 Financial Management Virtual 2-Day Seminar

PAMIC membership renewal deadline for the 2020/2021 year is on July 15.  PAMIC will reach out to you via email for your renewal invoices. Bundle Administrators may log in to their account online to:

-View the invoice and pay by credit card

-Print the invoice and mail a check to the PAMIC office

Insurer member dues will be sent via direct mail and emailed to company bundle administrators.

Please mail your checks to:
PAMIC Attn: Lora Sharp
4999 Louise Drive
Mechanicsburg, PA
17055

If you have any questions about your invoice or about PAMIC membership please contact Lora Sharp at lsharp@pamic.org.

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New resources are constantly being added! Whether you need guidance on FMLA, Wage & Hour, Interviewing Questions, or a variety of other topics, PAMIC LAW HR and Cyber Resources Center is here to help. Log-in to check out your resources and make sure your preferences are up to date!

It is with great disappointment but necessary precaution that PAMIC leadership has made the decision to officially cancel the 113th Annual Mid-Atlantic Mutual Advantage Convention scheduled for August 9-11, 2020 at the Greenbrier Resort in West Virginia. Health and safety of PAMIC membership and staff is of utmost importance, and our sympathies at this time are with those affected all around the world.

Thank you to the PAMIC Convention Committee including those that participated from surrounding state trade associations in Virginia, West Virginia, and Maryland, and our exemplary Chairman Mr. David Gautsche. Without your support, PAMIC Conventions would not be possible. 

REFUND POLICY: PAMIC will issue 100% of refunds to those that registered as attendees, sponsors, and exhibitors for the Convention in the next few weeks. There is nothing you need to do at this time to receive your refund. If you have any questions regarding your refund, please contact Lora Sharp at Lsharp@pamic.org. 

CONVENTION 2021: Mark your calendars for the next year! Convention in 2021 will take place on August 1st-3rd at the Hotel Hershey in Hershey, Pennsylvania. 

QUESTIONS?: Please contact Andrea Stroble at astroble@pamic.org with questions regarding education and events. With questions regarding refunds, please contact Lora Sharp at Lsharp@pamic.org.  

Further updates on future events and developments with PAMIC can be found on our website: www.pamic.org.

Last week, Boenning & Scattergood Investment Banking Group hosted a conference call with Stefan Holzberger, Chief Rating Officer of A.M. Best Company, to discuss the rating agency’s latest thoughts on the COVID-19 pandemic and its impact on the insurance industry. A.M. Best has been gathering information from all of its rated insurance companies and is stress-testing each company’s capital and liquidity. Bottom line – with the exception of a minority of companies, A.M. Best believes the P&C insurance industry is well-positioned to weather the storm – the rating agency expects few rating changes in the sector.  Read the full article here:  http://www.boenninginc.com/wp-content/uploads/InvestmentBanking/Insurance/AM-Best-Update-on-COVID-19.pdf?utm_medium=email&utm_campaign=PC%20Insurance%20Industry%20Report&utm_content=PC%20Insurance%20Industry%20Report+CID_540125902eab383e14f7a8f46ee40782&utm_source=Email%20marketing%20software&utm_term=View%20Full%20Report

This message is to inform you that the 2020 Claims Summit, originally postponed, is now being cancelled for the year without rescheduled dates. PAMIC is actively working to issue refunds in the next two weeks for attendees, exhibitors, and sponsors via check or credit card depending on initial method of payment. These refunds will be 100% of the amounts originally paid. There is nothing you, as a registrant, need to do at this point. 

Claims Summit 2021 has been scheduled! Please mark your calendars for April 12th-14th, 2021 at the Wyndham Gettysburg. Registration will open in January 2021. 

*Special note*: Exhibitors that shipped in promotional items for the Claims Summit this year, please email Andrea Stroble at astroble@pamic.org to either have your items held until next year or have them shipped back to you.

If there are any questions regarding PAMIC events, please direct them to Andrea Stroble at astroble@pamic.org or (717) 303-0197. If there are specific questions regarding refunds, they can be directed to Lora Sharp at lsharp@pamic.org.