IAUA Puerto Rico Appraisal Process Training
San Juan, PR
In collaboration with the Commissioner of Insurance, IAUA is providing training that fulfills the requirements for consideration to be eligible as an Umpire in Insurance Appraisals.
One of the lessons learned from hurricane Maria in 2017 is that the Insurance Industry needs specialized Appraisers and Certified Umpires to facilitate a timely valuation of incurred losses. In order to assure fair valuations and safeguard assets Puerto Rico’s Commissioner of Insurance procured the Umpire Certification be required by law in order to perform the umpire role in appraisal proceedings under insurance policies.
Light breakfast and lunch is provided and registration also includes a digital copy of The Law and Procedure of Insurance Appraisal, by Jonathan J. Wilkofsky, Esquire.
All class time and breaks will be in compliance with process, capacity and spacing requirements per PR orders and La Concha protocols. The educational setup will be in the large ballroom, with U-shaped tables spaced 6' apart and 1 chair per 6' table. Travel to PR from off the island has restrictions and requirements, plan accordingly.
Topics to be discussed over the two days:
-
Introduction to the Appraisal Process with specific PR orders and handling
-
Hurricane Damages to Roof Assemblies, Wind Load Effects on Roofs
-
Construction Design & Code Considerations of a Rebuilding Project
-
How to Interpret Policy Conditions Prior to Appraisal Awards
-
Fenestration Damages after Wind Loads and Appraisal Case Studies
-
Accounting in Appraisal – Case Studies
-
How to Deliver an Effective Appraisal Panel Decision
-
Umpire Certification Class - with exams proctored end of day 2 to Certify Appraiser and/or Umpire
Instructional Delivery Method: Group Live
Day 1, June 29, 2021
730 to 830 Breakfast, provided
830 to 1215 Classes
1215 to 115 Lunch, provided
115 to 530 Classes
Day 2, June 30, 2021
730 to 830 Breakfast, provided
830 to 1215 Classes
1215 to 100 Lunch, provided
100 to 415 Classes
415 to 530 - IAUA Certification Exam proctored
For room reservations with the best rate subject to availability, CLICK HERE to email your request to Claribel Rivera with your dates and a good number to be called, so that confirmation and CC# may be obtained securely. Due to demand and occupancy we recommend no delay on your part.
