IIAV Holds Successful Session on New Homeowners Regulations
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Over 140 agents registered for IIAV’s presentation on Virginia’s new homeowner policy minimum standard regulations that took effect January 1 of this year. IIAV’s Joe Hudgins moderated the Zoom “IIAV Connects” presentation with Bureau of Insurance Deputy Commissioner Property/Casualty Zuhairah Tillinghast and Jessica Baggarley, BOI Manager Personal Lines, Rules, Rates and Forms.
IIAV received a number of calls from agents needing an explanation on the new regulations and some had not heard about changes from their companies. Dramatically, the regulations were revised and consolidated from over 170 pages to around 70 pages with a number of new definitions that agents need to be aware of.
A number of attendees commented that they appreciated the overview along with the handouts on the one-hour program.
“IIAV Connects” is a program regularly conducted on issues of the day and we look forward to continuing these quick informational programs. If there are topics you would like to see, please contact Anna McEachern at amceachern@iiav.com.
Photo by Tierra Mallorca on Unsplash
