CPCU case studies
CPCU · Put your knowledge to work in context.
The CPCU (Chartered Property Casualty Underwriter) designation is a professional credential for people working in property-casualty insurance and risk management. It suits underwriters, claims professionals, agents and brokers, risk managers, and others who want a broad, business-oriented grounding in how insurance organizations actually operate rather than narrow training in one line or one job function. Study for the designation spans eight subject areas: foundations of risk management and insurance; insurance operations; commercial property and liability insurance; personal lines insurance; financial and accounting concepts for insurance; risk financing and reinsurance; strategic management and organizational behavior; and ethics and professional conduct. Because the syllabus mixes technical coverage content with finance, strategy, and ethics, candidates should expect to read widely and reason about scenarios instead of memorizing rule lists. The CPCU case studies are 5 cases and about 4,101 words.
1The $3 Million Blanket That Wasn't
Ridgeline Precision Parts operates a single plant built in 1974. A recent appraisal puts building replacement cost at 4.0 million (actual cash value 2.4 million) and contents replacement cost at 1.0 million.
749 words, about 4 min2One Storm, Three Losses, One Teenager
The Okafors hold an HO-3 with Coverage A of 420,000, Coverage C at 50%, a 2,000 all-perils deductible, a 2% windstorm deductible, a 10,000 water backup endorsement, and a 25,000 scheduled jewelry endorsement. Their ring is appraised at 40,000.
771 words, about 4 min3The Combined Ratio the CFO Wants
Lakeshore Mutual writes 120 million of net written premium in a single commercial auto line (earned premium 118 million). For the year: incurred losses 74 million, including 9 million of adverse development on prior accident years; loss adjustment expense 12 million; underwriting expenses 32 million.
808 words, about 4 min4The SIR That Saves $105,000 on Paper
Cedar Valley Contracting runs 180 power units. Five years of auto liability losses: 250,000, 900,000, 1.4 million, 3.8 million (a single catastrophic spinal injury), and 600,000.
811 words, about 4 min5The $85,000 the Client Never Sees
You are a producer at a 40-person brokerage. Halcyon Senior Living (14 facilities, 3.2 million premium) renews in 30 days.
962 words, about 5 min