RHS&B Sets Up
Meeting March 9
DALLAS — Roach Howard Smith
& Barton has established a scholarship honoring Karen K. Farris,
CPCU, ARM. The scholarship recognizes and honors her leadership
as CEO and more recent move to
chairman of the board of the Dallas-based insurance agency.
The fund was established with Texas Risk & Insurance Professional
Society (TRIPS) and will be awarded to students majoring in risk and
insurance management at local universities over the next four years.
The first year, two scholarships of
$1,250 will be awarded to students
majoring in insurance and risk
management at the University of
“I am pleased that Roach Howard
recognizes the need to train and develop risk management and insurance professionals for the future,”
said Farris. “I am flattered [that]
Roach Howard chose to honor me
in this manner. Education is the
cornerstone of success for an individual as well as their chosen industry. It is my hope that students will
recognize the many opportunities
available in the independent agency system and choose to join our
“TRIPS’ mission is to facilitate the
entry of new talent into the insurance industry by supporting insurance education in Texas,” added
TRIPS chairman Jack Gibson,
CPCU, “and, since providing scholarships to students majoring in risk
and insurance draws more students
into the industry, scholarship programs such as this one make a lot
Other organizations with an interest in funding scholarships through
TRIPS should contact Jack Gibson
AUSTIN — The Texas Department of
Insurance (TDI) Stakeholders Meeting — Permissible Offerings under
Chapter 1952, Texas Insurance Code
(TIC) is scheduled for March 9, 2012,
at 1:30 p.m. ,by conference call and in
Room 102, Hobby Building.
TDI will hold an informal meeting
to consider input from stakeholders
regarding their interpretation of the
offering of uninsured/underinsured
(UM/UIM) motorist coverage for
bodily injury and property damage
under Texas Insurance Code, Section
1952.105(a) and (b).
TDI issued Commissioner’s Bulletin
No. B-0032-11 in July 2011 advising
insurers that UM/UIM bodily injury
and UM/UIM property damage are
separate coverages and insureds must
be given the option to purchase those
coverages separately or together. The
bulletin also states that UM/UIM selection/rejection forms must provide
for the selection/rejection of UM/
UIM bodily injury and UM/UIM
property damage separately as well as
on a combined basis.
In November 2011 TDI issued Commissioner’s Bulletin No. B-0047-11
withdrawing Commissioner’s Bulletin
No. B-0032-11, pending formal clarification of the requirements of Insurance Code Section 1952.105(a) and
(b) by rule.
TDI encourages stakeholders to provide comments by email to the contact below. Email written comments
should be received by Feb. 28, 2012.
One week before the stakeholders
meeting, TDI will provide copies of
all written comments to stakeholders
who request a copy.
To participate in the conference call,
participants should follow these in-
structions: dial 877-226-9790; enter
The meetings agenda should include
I. Welcome and antitrust statement:
Marilyn Hamilton, director, Personal and Commercial Lines Office
II. Stakeholder Discussion/Comments
Contact Marilyn Hamilton, Director,
Personal and Commercial Lines Office, MC 104-PC, 333 Guadalupe,
Austin, TX 78701. Phone 512-322-
2265, fax 512-490-1014, email firstname.lastname@example.org.
For more information, PropertyCasuemail@example.com or www.tdi.texas.
From The Academy:
5th Edition of
AUSTIN — The National Alliance
Research Academy has published its
fifth edition of Executive Liability Insurance, a 93- page edition covering
Directors & Officers Liability Exposures and Insurance, Employment
Practices Liability Exposures and Insurance, and Fiduciary (ERISA) Liability Exposures and Insurance. The
Appendix contains four white papers
and four comprehensive articles.
The author is Richard G. Clarke,
CIC, CPCU, RPLU, CITRMS, a veteran of the property/liability insurance industry. He currently is senior
vice president at J. Smith Lanier &
Co., headquartered in Georgia.
Information is available at www.scic.
com/store/ or call 800-633-2165.