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| June 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Top 3 Articles
Welcome
From the Desk of the President & CEO
In response to two legislative proposals during the 2018 Session of the General Assembly, the DMV is conducting an industry-wide study on what Virginia can do to increase the number of insured drivers on today’s highways. IIAV is the only agent’s organization represented on this study panel. Presently, Virginia is ranked 17th lowest of 51 jurisdictions, with only 9.9 percent of the drivers on the roads uninsured. Florida is ranked as the state with the highest percentage of uninsured drivers at 26.7 percent.    IIAV Member Resources
State & National News
WASHINGTON, D.C., May 17, 2018 – The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today released the following statement by Charles Symington, Big “I” senior vice president of external, industry & government affairs, on the failure of a Farm Bill amendment that would have effectively phased out the Federal Crop Insurance Program. 
IIAV News
Sets Annual Meeting Date – Membership Set for Electronic Balloting The IIAV Board of Directors have approved the report from the Nominations committee for the new slate of officers and directors for the association for the 2018/19 year. As Chair-elect, Hunter Odom, Jr., with Suffolk Insurance Corporation out of Suffolk, Virginia will automatically become IIAV Chairman for the Coming year.
Melanie joined IIAV’s insurance division (VFSC) in January 2017, and is working as an Insurance Account Manager. She helps service Professional Liability, Cyber Liability, Commercial Umbrella and Employment Practices Liability business, with multifaceted experience spanning two decades in this industry. Melanie has served in roles from underwriting niche insurance products to forms implementation, software configuration and process improvement. She has been a licensed Property & Casualty insurance agent for over 16 years.
You asked, and we listened! We are excited to announce that the RLI Personal Umbrella policy will be making some major eligibility and underwriting changes for new and renewal business with an effective date of June 1, 2018, and later. The major changes to our eligibility guidelines are summarized below.
13.98 percent of your of dues is not deductible as an ordinary business expense due to lobbying, etc. If you have any questions, please contact John Montoro. Q: We have an hourly worker who was arrested for molesting an under-age young woman. Can we terminate him for this?
RICHMOND – Recent heavy rains and flooding in many areas of Virginia are good reminders that it’s never too early to plan for disasters. With the Atlantic hurricane season just around the corner, the State Corporation Commission’s (SCC) Bureau of Insurance (Bureau) encourages Virginians to review insurance policies now to make sure you have the coverage you need in the event of a hurricane or other disaster. Upcoming Events
Education
If you are hiring talent for this Spring or Summer, take a first step – put yourself in the new hire’s shoes. How can your company create the most successful onboarding process? |
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Congratulations to Melanie Miller, AINS, CPIW, who passed her CPCU 540 (Finance and Accounting for Insurance Professionals) exam. Melanie has now successfully completed four parts of the CPCU curriculum and is eager to continue her progression to eventually earn the Chartered Property Casualty Underwriters (CPCU) Designation.
