March 2002


Dear Friends of IEI:

In spite of the economic slump and the gloomy picture for insurers (even before 9-11), IEI’s donors continue to be generous in their support of our mission. While our contributions rose slightly in 2001, it appears that this year will be the real litmus test of our ability to continue to reach more teachers and students. We thank our supporters for their commitment, while we encourage the many new contacts that have been referred to us to come on board as donors at this critical time in IEI’s history. There are a few easy ways to support us listed below, if you don’t already have funds set aside for 2002.

Sincerely,

William J. Howell, CLU, ChFC, CAE
ChIEI Executive Officer


IEI Golf Classic(s)
The thirteenth annual IEI Golf Classic will precede the NAMIC convention in San Diego, California. The date is set for Saturday, September 14, at the Riverwalk Golf Club. Look for your registration form in the upcoming NAMIC mailing. There are many sponsorship opportunities besides the opportunity to play a friendly round with friends.

In addition, the folks at NAII have graciously agreed to support IEI through a golf tournament preceding their convention in Los Angeles. The date of this event is Saturday, October 26, and we will be in need of sponsors for this date as well.


Ryder Cup Raffle
The Foundation has secured a fabulous trip for two to the Ryder Cup Matches in England at the Belfry. The dates of the trip are September 24-30, and it includes: Round trip airfare for two from Newark, New Jersey, to Birmingham, United Kingdom; 5 nights accommodations at the Hilton Leicester; full breakfast and dinner daily; transportation to and from the course; two Ryder Cup season tickets, program vouchers and match gifts; and all taxes. Only 250 tickets will be raffled at $100 each, and the drawing will take place on August 1, 2002, to give the winner ample time to arrange for this “dream trip.” You may participate by calling IEI at 1-800-433-4811, or enter on our web site, www.IEI.org.


IEI in the Spotlight
Our teacher training program was featured in the Winter issue of the Jump$tart Coalition for Financial Literacy newsletter, which goes to over 100 cooperating associations, corporations, schools, and government agencies. This feature was made possible through our participation as a board member on the Coalition. Jump$tart used a lesson plan developed at our Drake Institute last summer to illustrate one way to educate America’s young people about their finances. Copies of this newsletter are available in the IEI office if you would like one.


Web Site Development
The IEI web site continues to expand. There are now seven lesson plans on insurance available, and more under development. The text of our Choice-Chance-Control kits and Fast Lanes/Risky Roads brochures has been provided on the site to allow instant access and downloading for use in the classroom. There are a number of new links for teachers and students as well, and the module that was done for Junior Achievement, “Insurance and You . . . Because Life Is a Risky Business” is worth a look if you haven’t seen it.


Governance Changes
At the January 25th board meeting, IEI welcomed new board members Jack Clanton, a former NAMIC Chairman, Steve George of USAA, Rock Jenkins of State Farm, and Carolyn Labutka of the Aon Foundation. Bill Lebo, CPCU, SAFECO, was elected Chairman of the Foundation and Steve Collesano, Ph.D., was elected Vice Chairman.


New Contributors
IEI welcomes the following new contributors since our last publication. We are pleased to recognize the support of:

Mark A. Blackburn, Galena, OH   -  Midstate Mutual, Auburn, NY
Damsky & Associates, Utica, NY   -  National Group, San Juan, PR
Dryden Mutual, Dryden, NY   -  Janyce Omura, Maui, HI
Erie & Niagara, Williamsville, NY   -  Ray Silva & Associates, San Jose, CA
Hastings Mutual, Hastings, MI   -  Richard A. Rogers, Topeka, KS
Indiana Insurance, Loveland, OH   -  Travelers Insurance, Hartford, CT
Lebanon Mutual, Cleona, PA   -  Wayne Cooperative, Clyde, NY

Thank you all for your support. Your generosity allows the Foundation to continue helping us educate the next generation of young consumers about insurance.