Insurance Society at Florida State University

Annual Report

2009-2010

1

ISFSU ANNUAL REPORT

INTRODUCTIONS ................................................................................................................ 2 

THE PURPOSE OF ISFSU .................................................................................................... 2 HIGHLIGHT OF ISFSU ACTIVITIES ......................................................................................... 2 

ISFSU EVENT DESCRIPTIONS 2009-2010 ................................................................................... 3 HEART WALK OCTOBER 17, 2009 ....................................................................................... 3 CORPORATE TOUR MARCH 19, 2010 ................................................................................... 3 INSURANCE DAYS 2010 ..................................................................................................... 4 

RISK MANAGEMENT & INSURANCE AS A MAJOR AND A CAREER ........................................................ 4 WHAT RMI AT FSU HAS TO OFFER YOU ................................................................................. 4 RISK MANAGEMENT/INSURANCE CAREERS OPTIONS ................................................................. 5 

RMI HIGHLIGHTS 2009-10 .................................................................................................... 5 ISFSU MEETING SUMMARIES .............................................................................................. 5 OTHER ACTIVITIES/MARKETING EFFORTS .............................................................................. 5 INDUSTRY PARTICIPATION ................................................................................................. 6 AWARDS/RECOGNITIONS – UNDERGRADUATES AND GRADUATES ................................................ 6 AWARDS/RECOGNITIONS – INSURANCE DEPARTMENT .............................................................. 6 OFFICER DESCRIPTIONS .................................................................................................... 7 

OFFICERS (CURRENT & INCOMING) ......................................................................................... 9 2009 – 2010 OFFICER EXPERIENCES ........................................................................................ 11 APPENDIX ....................................................................................................................... 14 

RMI HIGHLIGHTS 2008-09 ................................................................................................ 14 

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

2

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

Introductions

The Purpose of ISFSU The Insurance Society at Florida State University (ISFSU) is a student organization open to all students, consisting primarily of business students majoring in Risk Management and Insurance. The purposes of ISFSU are to: (1) provide opportunities for members to advance their knowledge of the insurance industry through professional activities and contact with practitioners; and (2) provide opportunities for social contacts and mutual encouragement of members toward achievement of their career goals.

“Provide opportunities for members to advance their knowledge of the insurance industry”

Highlight of ISFSU Activit ies Each year, ISFSU sponsors activities designed to help its members achieve the goals of advancing knowledge and social contacts in the insurance industry. While specific activities are determined each year by the organization’s officers, some events occur most years. These activities include:

Insurance Days

Insurance Days is an annual recruiting event designed to bring students and employers together in both informal and formal settings. The event is two and one-half days and is held in late February. Insurance days provides an invaluable service to employers and an unparalleled opportunity for students. Open only to Risk Management/Insurance (RMI) majors, this event has resulted in a high placement rate for participants since its inception over 30 years ago. The event represents a substantial commitment from the faculty and staff in assisting graduating seniors in obtaining employment as well as non-graduating majors who are

encouraged to participate to sharpen interview skills, gather information about different career opportunities, and to obtain internships.

Guest Speakers

Each year, guests are invited to speak at ISFSU meetings, providing students with an opportunity to interact with individuals working in various capacities within the risk management and insurance industry. Many of the speakers are graduates of the RMI program at Florida State. The speakers allow students to obtain information on career opportunities, market trends, and current topics of interest within the industry.

3

Corporate Tours

The officers and members of ISFSU often organize and arrange trips to enhance understanding of risk management and insurance outside of the classroom. Past hosts and destinations include: Hartford Insurance Company (Hartford, Connecticut), Coca-Cola (Atlanta Georgia), and Disney World/Universal Studios (Orlando, Florida). In the Spring 2010 semester students were provided the opportunity to tour the Florida Capitol and discuss new insurance legislation.

Social Events

One of the goals of ISFSU is to give students an opportunity to get to know and interact with one another and with the RMI Faculty. These events have many different forms over the years, including cookouts, sailing parties, post-meeting gatherings at local establishments, tailgating, holiday parties, and end-of-semester banquets.

ISFSU Event Descriptions 2009-2010

Heart Walk October 17, 2009

October 17, 2009 saw dozens of Florida State University College of Business faculty, staff and students congregated at Tom Brown Park to take steps towards a cure for heart disease at the 2009 Big Bend Start! Heart Walk.

Benefitting the American Heart Association (AHA), the Heart Walk brings communities together to raise funds for research, education and treatment aimed at bringing an end to heart disease, the nation's No. 1 killer. This nationwide fundraising effort brings more than one million people together in 450 events.

Whether walking for fun or in memory of a loved one, the FSU team members led the pack raising nearly $13,000 for the AHA. The College of Business' walkers proudly raised more than $6,000 -- nearly half of the money raised by the entire university.

The College of Business' Heart Walk team included representatives from numerous organizations including: the Dean's Office, ALPFA-NHBA, Alpha Kappa Psi Fraternity, Beta Alpha Psi, Betty's Crew, Delta Sigma Pi, Eta Sigma Delta!, the Financial Management Association, the Florida Lodging Association, the Florida Restaurant Association, FSU IBA, the Insurance Society at FSU (ISFSU), the Minority Business Society, the National Association of Black Accountants, the National Society of Minorities in Hospitality, the Real Estate Society, SIFE, the Student Leadership Council and Women in Business.

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

(Source: FSU Press Release, http://cob.fsu.edu/press/heartwalk09.cfm)

Corporate Tour March 19, 2010

In the Spring 2010 semester ISFSU members were given the opportunity to take part in a tour of the Florida State Capitol. Stephen Messer, a recent RMI grad and attorney, offered his time to take students on a personalized walk through the capitol. The highlights of the tour were to include a visit the Senate Banking and Insurance Committee meeting room, a visit to the viewing galleries for both the House and Senate floors, access to the Senate floor. Following the tour Mr. Messer was scheduled to highlight recent legislation regarding major insurance issues facing Florida over the past year, and followed by a question and answer session on the top floor of the capitol. Unfortunately however, due to the low number of students who expressed interested in attending the event, the officers decided to cancel the event.

4

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

Insurance Days 2010

The 34rd Annual Insurance Days was Wednesday, February 24th through Friday, February 26th. This year, despite the economic recession, Insurance Days was able to attract 23 potential employers representing insurance companies, insurance brokers, agents, and governmental agencies looking to fill both full time positions and hire interns. Those in attendance included Allied, Amica, Auto-Owners, Federated, Florida Farm Bureau, Liberty Mutual, Prudential, Southern Fidelity, State Farm, Travelers, BB&T, Brown & Brown, Harden & Associates, Insurance and Risk Management Services, Jack Rice Insurance, Rogers Gunter Vaughn, SLB Insurance Group, Greg Thomas Insurance, Willis of Florida, Bass Underwriters, Burns & Wilcox, Hull & Company, and E.W. Siver & Associates. The Insurance Days opening reception was held at the FSU Alumni Center. Here students and employers had the opportunity to meet before the interviews began or take the chance to fill in some empty interview slots. The interviews were held in the Dunlap Student Success Center on Thursday and Friday following the continental breakfast.

STUDENTS WAITING FOR INTERVIEWS AT INSURANCE DAYS 2010

Risk Management & Insurance as a Major and a Career

What RMI at FSU has to offer you The undergraduate program in risk management and insurance at Florida State University, established in the 1940s, is consistently ranked among the top programs in the nation. The program is designed to provide students with an overall background in risk management, life and health insurer operations and products; property and casualty operations and products; financial planning; and employee benefits.

Close interaction between the RMI students and faculty continues as a hallmark of the program. Additionally, our alumni have helped to create a strong relationship between the risk management/insurance community and the RMI program at FSU. This is fostered by the Insurance Society at Florida State University, a student organization providing a forum for students, faculty, and business leaders to interact inside and outside of the classroom.

• U.S. News & World Report ranks the Risk Management/Insurance Program is No. 6 among public institutions and No. 8 in the nation.

• Risk Management / Insurance program is the 4th largest program in the nation, Business Insurance, 2005. • U.S. News & World Report ranks the College of Business undergraduate program No. 35 among public institutions

in the nation (2010). • Master's program in Risk Management / Insurance at FSU, began in 2000, represents the nation's first fully-

accredited and most prestigious online graduate program in RMI offered at a major academic institution.

5

Risk Management/Insurance Careers Options Actuary - responsible for predicting the companies' potential losses through the use of probability and statistical theories. The information is then used to develop classification and rating schemes for risks facing both individuals and businesses, including illness, loss of property or legal liability.

Agent/Broker - are primarily responsibility for selling and/or placing insurance. Agents or brokers act as intermediaries between the customer and the insurance company. It is their job to evaluate and select risks for placement with insurers that can provide insureds with the best coverage at the best price.

Claims - is responsible for settlement of policyholders' claims. The adjuster will investigate the claim, determine if coverage exists, and decide how much should be paid.

Risk Manager - is responsible for identifying risks and determining the most effective ways to deal with the risks in order to preserve firm's assets against accidental losses. Losses could result from events such as product or professional services liability, property damage, or employee dishonesty.

Underwriter - are responsible for determining if risks meet the criteria set by the insurance company and what rate classification the risk can be placed in.

Other Careers – include accountants, investment specialist, economist, educators, investigators, lawyers, loss control specialist,, regulators, public relations/consumer affairs experts, system analysts.

RMI Highlights 2009-10

ISFSU Meeting Summaries

• September – At this meeting, we welcomed back existing majors as well as new majors. Students spoke about their 2009 summer internship experiences. Speakers included Lindsey Fields (Marsh), William Tate (Jack Rice Insurance), and Stephanie Scherrer (Siver Insurance Consulting).

• October – This meeting featured recent RMI graduates who spoke about their careers and experiences since graduation. The Young Alumni Presenters included: Brook Butler (Hunt Insurance Group), Candice Melton (Office of Insurance Regulation), Stephen Messer (Legislative Attorney, Banking and Insurance Committee), and Amanda Thomas (Liberty Mutual).

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

• Fall Banquet – The Fall Banquet was held at Mori’s and scholarships were awarded.

• January & February – were focused on preparing students for Insurance Days. A special thanks to Dr. Corbett and the Career Center for insuring our preparedness.

• Spring Banquet – The Spring Banquet was held at Longhorn Steakhouse on Thursday, April 22nd. Scholarships as well as the winners of Dr. McCullough’s Commercial Project were announced.

Other Act iv i t ies/Marketing Efforts

• On June 30th, Darrecia Blount and Michele Yared represented ISFSU at the Welcome to FSU BBQ!

• ISFSU officers created organization banner that was displayed at the New Student Convocation on August 19th.

6

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

• On September 1st, the officers participated in the COB New Student Welcome Event held in the Union Ballroom.

• On October 17th, 18 students, faculty, and staff participated in the Heart Walk in Tom Brown Park. ISFSU was the top student fundraiser for the event.

• November 20-21, two students (Karen Milicic and Marie Stuhlmuller) represented FSU at the Surplus Lines Insurance Symposium.

Industry Part ic ipation

• On September 24th, an information session was held in which company representatives from Liberty Mutual, Amica, and Unum attended.

• On January 14th, company representatives from Liberty Mutual provided a presentation on Management of Catastrophic losses.

• On January 21st, an information session was held in which company representatives from Liberty Mutual, Amica, Prudential, and Federated attended.

• The 34th Annual Insurance Days was held in February with more than 20 firms participating.

Awards/Recognit ions – Undergraduates and Graduates

• RMI departmental scholarships totaling close to $20,000 were awarded this academic year.

• Wesley Baker will be participating in the NAPSLO internship program and eight students will be participating in the internship for credit program.

• Chris Cibula and Wesley Baker were selected to participate in the RIMS Student Involvement Program and attended the national conference in Boston (April 25th – 29th).

• Brian Ford was awarded the Spencer Educational Foundation Scholarship.

Awards/Recognit ions – Insurance Department

• The Center for Insurance Research held a kick-off panel presentation and luncheon event at the University Center Club in Tallahassee, FL, on January 28th. Attendees included over 100 insurance company executives, agents, regulators, and lawyers, as well as students and faculty from the department . Invited speakers included:

• Kevin McCarty, Insurance Commissioner, State of Florida • Moira Campion McConaghy, Manager, Government Relations, National Association of Insurance

Commissioners • Dr. Andreas Richter, Director, Institute for Risk Management and Insurance, Ludwig-Maximillians-

Universität, Munich

• Patty Born was elected to the Board of Governors of the Asia-Pacific Risk and Insurance Association for a three-year term. The Asia-Pacific Risk and Insurance Association (APRIA) is an international society for academics, executives, researchers and government leaders with an interest in risk management, insurance, actuarial science and related areas.

7

• Two RMI students have been selected to receive 2009-2010 awards from the Spencer Educational Foundation. Stephen Fier (RMI-PhD) will receive the Graduate Scholarship ($10,000), and Brian Ford (an Undergraduate RMI major) will receive $5,000.

• Jim Carson has been selected the Interim Editor for the Journal of Insurance Regulation. Jim will also be speaking about risk management/insurance to the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enter[roses, in Washington, D.C. in May.

• On February 23rd and February 24th, Julio Romero (State Farm), Jane Wahl (State Farm), David Medvidofsky (Main Street America Group), and David Halstead (Kemper) from the Jacksonville Chapter of the CPCU visited to speak to risk management and insurance classes about career opportunities in the industry. Together, the speakers have more than 60 years of work experience in underwriting, claims, auditing, public relations, agency, and product development.

WES BAKER RECEIVING A SCHOLARSHIP AT THE SPRING BANQUET

• The Insurance Department changed the course requirements for majors. Current majors my either select to graduate under the old or new course requirements. The new requirements can be found at http://cob.fsu.edu/rmi/rmi_ba_curriculum.cfm

Officer Descriptions While the duties of each of the officers will vary over the course of the academic year based on the activities sponsored by the organization, this provides a brief outline of the major responsibilities of each position.

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

Major Duties of the President: • Preside over officer meetings and general body meetings • Create meeting agendas • Work with the Vice-President and Treasurer on required student government budget forms • Fill out student organization form with Student Activities Center and Student Government Association • Help coordinate officer meetings and schedule group activities for the organization • Provide basic information to incoming President to ensure continuity

8

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

Major Duties of the Vice-President: • Preside over officer meetings and general

body meetings in the absence of President

• Schedule the officers to announce meeting dates in classes

• Work with the President and Treasurer on the required student government budget forms

• Work with the President to set up activities and speakers for the group

Major Duties of the Treasurer: • Collect membership dues and deposit

membership dues in ISFSU account • Work with the President and Vice

President on the required student budget forms

• Maintain financial records of the organization

AMANDA, STEPHANIE, AND MICHELE WITH THE BANNER FOR CONVOCATION

• Provide information to incoming Treasurer regarding the forms and records

Major Duties of the Secretary: • Maintain membership records and meeting notes • Manage the organization’s Blackboard website • Help with publicity for upcoming meeting and provide information to the RMI Department and College

about ISFSU events • Assist in preparing the Annual Report • Provide information to incoming Secretary to ensure continuity

Major Duties of the Events Coordinator: • Coordinate the events sponsored by ISFSU • Ensure copies of meeting agendas, membership forms, sign-in sheets and other documents are available at

meetings • Work with the RMI faculty/staff in planning events related to Insurance Days • Provide information to incoming Events Coordinator

9

Officers (Current & Incoming)

Academic Year 2009- 2010

President – Stephanie Scherrer

Vice President – Darrecia Blount

Treasurer – Michele Yared

Secretary – Andrew Celestini

Special Event Coordinators – Amanda Guyatt & Madelyn Schnaars

PICTURED LEFT TO RIGHT: AMANDA GUYATT, MADELYN SCHNAARS, MICHELE YARED, ANDREW CELESTINI, DARRECIA BLOUNT, STEPHANIE SCHERRER

PICTURED LEFT TO RIGHT: KEITH SAVINO, HEATHER ALEXANDER, BRENAE ROBINSON, MICHAEL LUNGO, ALLISON JOHNSON

Academic Year 2010- 2011

President - Brenae Robinson

Vice President – Heather Alexander

Treasurer – Keith Savino

Secretary – Michael Lungo

Special Events Coordinator – Allison Johnson

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

11

2009 – 2010 Officer Experiences

Stephanie Scherrer (President)

The President of ISFSU, is responsible for facilitating the activities of the organization in a manner that makes the most enjoyable and beneficial for the members. The role of the president is an all encompassing one. Some of the specific duties include:

• RSO Recognition and Financial Duties: o Attend a “Get Recognized Workshop” at the beginning of each school year o Become financially certified o Maintain knowledge on SGA funding requirements and procedures o Attend BSAC meetings

• Events and Meeting Duties: o Schedule meetings, speakers, events, and activities that are of interest and benefit to all

members o Prepare for these activities far enough in advance to ensure attendance

• Membership Duties: o In coordination with the treasurer keep track of all paid members o Record which members are participating in our events o Maintain communication with members to ensure participation

• Coordination of Executive Board o Schedule officer meetings to ensure tasks are being completed in a timely manner, and to

maintain professionalism and integrity of the organization

The President of ISFSU serves as a liaison between the members, professors, industry professionals, and the FSU community. It is important to maintain an open line of communication between all of these groups.

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

The Insurance Society at Florida State and the RMI Department has a long and lasting tradition at Florida State University and in the insurance industry. Challenge yourself to make connections and create lasting relationships with members, officers, professors, and industry leaders. Being a part of such legacy has been a great honor. I have enjoyed the opportunities that ISFSU has provided me as a member and an officer over the last three years.

Darrecia Blount (Vice President)

The Vice President is responsible for attending all meetings and to be the presiding officer if the President is absent. The Vice President, along with the other officers, are expected to attend the Heart Walk and assist the President and Treasurer with the financial forms. In addition, the Vice President is expected to attend other events sponsored by the Insurance Society such as Insurance Days and end of the semester banquets, assisting the President whenever possible.

12

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

Michele Yared (Treasurer)

The Treasurer’s primary responsibility is to manage ISFSU’s Wakulla Bank account and SGA allocations. The monies generated by our club are a product of membership dues ($40/yr), and occasionally when a company attends a meeting, they will provide a donation to cover the cost of refreshments. Membership dues should be collected from the department office (RBA 313) weekly. As dues are collected, the membership forms should be kept, and the following information should be compiled into a list: Name, FSUID, Date Paid and Method of Payment (cash or check number). Dr. Corbett requests this information for Insurance Days. Issue receipts as dues are collected. Make and keep copies of everything: checks, deposit slips, deposit receipts. Deposits should be made to the Wakulla account regularly.

The following is the current SGA process, although it is likely to change each year. SGA process can be difficult to manage, so learn the process well and follow it carefully. To receive SGA allocations, at least two members from the organization must complete “financial training” and attend a “Get Recognized!” event. After going through certification, money can be requested from SGA. Budget requests must be received in the SGA office by noon on Friday to be heard the following week. At committee meetings, all the fine details of the request are presented. SGA stresses that they only allocate funds when it is available to or benefits the entire FSU student body. If funds are allocated, complete and submit a purchase order ten days before the purchase must be made. After the purchase, return the receipt to the SGA office. Make and keep copies of all documents submitted to SGA.

The Treasurer works closely with both the President for SGA purposes, and the Event Coordinator for funding general body meetings, fall and spring banquets, and Insurance Days. Normally for purchases, the Event Coordinator makes the purchase and is reimbursed. However, if the cost is set beforehand, a check can be written. The cost of meetings is usually kept around $1.00 per head, because we have found that many members do not stay for refreshments. This year, we have averaged approximately 60 members per meeting. These costs are usually at the discretion of the executive board and Dr. Cole.

Andrew Celestini (Secretary)

The main role of the secretary is to be the liaison between the officers, faculty, and students. In addition, creating the annual report is a major responsibility of the secretary. It is critical for the secretary to be very punctual in making announcements and responding to inquiries. Failure to do so could lead to low attendance at meetings and general unpreparedness. The tools available are the Blackboard website (which has the ability to post announcements as well as send emails to all ISFSU members), the ISFSU glass box located on the second floor of Rovetta, and flyers.

To assist in the creation of the annual report, I would suggest the following: take photos of every event throughout the year, keep an electronic copy of each agenda for both general and officer meetings, create descriptions of events as they happen, start the report early and use the other officers for help!

Maddie Schnaars (Events Coordinator)

The special events coordinator is responsible for arranging the many receptions and events that the Insurance Society hosts throughout the year. This includes arranging for food and refreshments after each ISFSU meeting, as well as, organizing the fall and spring banquets. The special events coordinator, along with the other officers, also plays a major role in preparing for Insurance Days. He or she must work with caterers, restaurants, and other facilities to ensure all the details of each ISFSU event are in order.

13

I really enjoyed my experience as the Insurance Society’s special events coordinator this year. I learned a lot about how much work goes into planning our events and enjoyed working behind the scenes to make sure things ran smoothly. The most important lesson I took away from working as special events coordinator is to plan ahead and be prepared for unexpected changes in plans.

Amanda Guyatt (Events Coordinator)

Like last year's event coordinator said, "One thing that draws a college student’s interest is food." As the special events coordinator, making the food arrangements for meetings will be your main job during the fall semester. This requires coordinating with the other officers as well as the faculty advisors to make sure that the food choice is suitable for each meeting. Handling these arrangements early is key to the success of the meetings. Constant communication is key to react accordingly to last-minute changes. It is also beneficial to keep inventory on current supplies and inventory so to avoid purchasing extra items. During the spring semester, the major job function of the special event coordinator(s) is preparing for Insurance Days receptions, dinners, and breakfasts. This includes arranging caterers, assisting the recruiters, helping the staff at the career center and alumni center. Banquets are another semester event that the special event coordinator(s) help plan. The location for the event needs to be determined as well as keeping track of students and faculty that plan on attending. Besides these three types of events (Insurance Days, meetings, and banquets) it is the special events coordinators job to assist with any other special activities such as philanthropy and other university-wide events.

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

14

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

Appendix

RMI Highlights 2008-09 ISFSU Meeting Summaries

• September – at this meeting we welcomed back existing majors and welcomed new majors. Students spoke about their 2008 summer internship experiences, including Angela Warrings (Johnson &Johnson); Shawn Bogdanoff (Citizens Property Insurance Company); Cody Baker (Brown & Brown); Jessica Walden (Great America Insurance) .

• October – This meeting featured special guest (Steve Wilder) Disney and Stephen Messer (Banking and Insurance Committee) there were also recent RMI Graduates who spoke about their careers and experiences since graduation. The Young Alumni Presenters included: Jennifer Carden (Aon Risk Services) Richard Carson (Benfield) Janina Bhuvasorakul (Federated Insurance) Jane Nelson (Hunt Insurance Group, LLC/Willis HRH) Mary Katharine Lawler (Croley Agency).

• Fall Banquet – was held at Mori’s and the Spring scholarships were awarded • January & February – were focused on preparing students for Insurance Days. A special thanks to Dr.

Corbett and Ms. Diez for insuring our preparedness. • March – featured Mrs. Champany from FAIA who spoke about the Florida Association of Insurance Agents

services, young agent networks, and the Legislative Fly-Ins. Other Activities/Industry Participation

• On September 3rd, the officers and two faculty members participated in the COB Student Welcome Event held in the Union Ballroom.

• On October 18th, five students and two faculty members participated in the Heart Walk in Tom Brown Park • On November 21st, six students visited the office of HRH Willis (Hunt Insurance Group) for a corporate

tour. • On January 29th, three officers were present at the Big Fair recruiting event held at the Integration Statues • The 33rd Annual Insurance Days was held in February with more than 20 firms participating. The interview

sign ups were conducted through the Career Centers online portal; this was the first time interview signups were done via the internet. This year’s Insurance Days events were held in the newly constructed Dunlap Student Services Facility.

• April 19th – 23rd, four students and one faculty member represented Florida State at the Annual National RIMS Conference. The students were sponsored by Anita Benedetti Student Involvement Program and the North Florida RIMS Chapter. (Dr. Dumm, Jessica Lodge, Stephanie Scherrer, Faith Decker, and Sarah Katynski ).

Awards/Recognitions – Undergraduates and Graduates • RMI departmental scholarships have been granted to 25 students totaling over $16,000 this year. • Claude Mueller will be participating in the Bermuda internship through NAPSLO. • Stephen Fier and Brad Karl received PLUS foundation research grants. • Two RMI students have been selected to receive 2009-2010 awards from the Spencer Educational

Foundation. Stephen Fier (RMI-PhD) will receive the Graduate Scholarship, and Brian Ford (an Undergraduate RMI major).

• Brad Karl will begin our phd program.

15

ISFSU General Meeting

Tuesday, September 8th at 7pm

I. Welcome by Dr. Joan Gabel, department chair II. Officer Introductions

III. Activities of ISFSU a. Corporate Tours b. Guest Speakers c. Social Events d. Insurance days - Dr. Corbett

IV. Internship presentations a. Lindsey Fields (Marsh) b. William Tate (Jack Rice Insurance) c. Stephanie Scherrer (Siver Insurance Consulting)

V. Activities to date

a. COB New Student Welcome Event- Officers attended on September 3rd VI. New business

a. Membership dues $40.00 – Last day to pay dues is October 15th VII. Upcoming events

a. Heart Walk- Saturday, October 17th at 9am at Tom Brown Park i. Sign-up sheet if you are interested

VIII. Meeting schedule for the rest of the semester a. October 12th -Young Alumni Meeting b. November- Corporate tours, more info to come! c. December 3rd - Fall banquet

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

ISFSU Young Alumni General Body Meeting

October 12, 2009 at 7pm RBA RM 206

• Young Alumni Presentations o Brooke Butler, Hunt Insurance Group o Candice Melton, Office of Insurance Regulation o Stephen Messer, Legislative Attorney - Banking and Insurance Committee o Amanda Thomas, Liberty Mutual

• Deadlines o Troy State Symposium November 20-21, 2009; Registration forms are due October 16, 2009 o Last day to pay your dues and receive a t-shirt is October 15, 2009

• Events o The HeartWalk, Saturday, October 17th at Tom Brown Park walk begins at 10 am. o Corporate Tour, November – day/company information TBD. o Fall Banquet, December 3rd – Location TBA

16

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

• Announcements o Department scholarship deadline November 12, 2009 o The Angus Robinson, Jr. Memorial Scholarship deadline December 11, 2009 o NAPSLO- Internship deadline in December 1, 2009

ISFSU General Body Meeting

Thursday, January 14, 2010 at 6:30 pm in Rovetta 202

• Tom Corcoran and Eric Schultz, Liberty Mutual o Speak about managing catastrophes

• Events

o January 28th ‐ Next ISFSU Meeting will be  

o Insurance Day’s February 24th – 26th  

• Deadlines o January 29th -Last day to pay dues for anyone who plans to participate in Insurance days

[The department office accepts applications and dues (check or cash) between 9 am and 4 pm, Monday through Friday.]

o January 29th – Must be registered with Seminole Link and have submitted your resume if you want to sign up to interview during Insurance Days

• Announcements o The application for ISFSU officer positions for the 2010/2011 academic year will be

available in early February. This is a great way to get involved and gain some leadership experience.

o Make sure to visit the RMI department’s website for job opportunities, scholarships, and to post your resume

o For new majors, the last day to pay ISFSU membership dues and receive a free t-shirt is February 12th

17

ISFSU Information Session Thursday, January 21, 2010 at 6:30 pm in Starry Conference Room

ISFSU General Body Meeting Wednesday, February 03, 2010 Starry Conference Room

• Dr. Corbett o 2010 I-Days presentation

• Deadlines o The Independent Insurance Agents of Tallahassee scholarship application is due by February 11th.

Applicant must be a full-time RMI student and a Florida resident as of December 31, 2009. Finally, the application must include three references and a 200 word statement.

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

o The department scholarship application is now available Application deadline is March 19th. o The application for ISFSU officer positions for the 2010/2011 academic year will be available soon.

This is a great way to get involved and gain some leadership experience.

• Events o Insurance Day’s February 24th – 27th

• Announcements o Resume announcements

Don’t forget to update your resume on the department website. If you resume is very out of date and you need to make a lot of edits. Then email Laura lwaltke@cob.fsu.edu and have it removed.

DO NOT copy and paste the information from your current resume. Retype the information into the form on the RMI website, the bullet points and other formatting cause a lot of issues for Laura when she is posting the resumes.

Remember to proof read, spell check, and use proper grammar rules o RMI department’s website

18

ISFS

U A

NN

UAL

REP

OR

T |

200

9 –

201

0 S

choo

l Yea

r

o For new majors, the last day to pay ISFSU membership dues and receive a free t-shirt is February 12th

The department office accepts applications and dues (check or cash) between 9 am and 4 pm, Monday through Friday.