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September 2018 | |||||||||||||||
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Welcome
From the Desk of the President & CEO
IIAV Member Resources
Managing multiple website passwords is one of the more difficult tasks for agency personnel. While tools like Transformation Station and TransactNOW help with this process, there continue to be many sites that your staff goes to daily where they have to manually enter User ID and password information each time.
State & National News
Although hurricane activity in the Atlantic has been relatively quiet so far for 2018, with only five named storms to-date, the Virginia State Corporation Commission’s (SCC) Bureau of Insurance (Bureau) reminds Virginians not to let their guard down. With more than three months left in the Atlantic hurricane season, the Bureau encourages Virginians to act now to protect their property from loss. Food experts don’t recommend it for your ground chuck or pork shoulder, but starting September 21, 2018, there’s something consumers can safely freeze, unfreeze and then freeze again. It’s their credit file. Thanks to a new federal law — the Economic Growth, Regulatory Relief, and Consumer Protection Act — consumers will be able to contact each of the three major credit reporting agencies and direct them to place a free freeze on the consumer’s credit file. By restricting access, a credit freeze makes it harder for identity thieves to open new accounts in consumers’ names. Governor Ralph Northam has signed an Executive Order establishing an interagency task force on worker misclassification and payroll fraud. The misclassification of employees as “independent contractors” undermines businesses that follow the law, deprives the Commonwealth of millions of dollars in tax revenues, and prevents workers from receiving legal protections and benefits. IIAV News
Exciting news! IIAV has officially endorsed the industry-leading cyber insurance “specialist” market, Evolve MGA. As a result, IIAV members now have updated membership benefits. IIAV member agencies now have access to one of the leading cyber insurance “specialist” markets, Evolve MGA. With member exclusive rates and a 1-page application to bind, don’t delay in protecting your agency against a cyber-attack. RLI has partnered with Munich RE to provide affordable, inland flood insurance to cover the most common flood exposures. We offer Inland Flood Coverage as an endorsement to our Home Business Insurance policies. Designed specifically for home-based business owners in lower flood risk areas, this coverage is affordable and insures the most common flood exposures. Upcoming Events
2018 Young Agents' Conference – Register Now! When we say that we've got an amazing event in store, it's not an exaggeration. Join us in Staunton, Va., October 10-12, 2018, for an incredible experience. If you're hoping to set yourself and your agency apart, if you want to know more about how to leave your competition in the dust, and if you're seeking a group of like-minded, high-energy people who are passionate about what they do, then you need to be a part of this event. Our sessions are packed with takeaways you can put to work immediately and our speakers are the best of the best. Education
Notebooks are being purchased, new shoes are being tested, and teachers are preparing for students to walk through the doors today. But, we want to remind you of another education milepost coming up: the end of the biennium. Have you gotten all of your continuing education credits for 2017-2018? Are you one of the 2,373 agents in Virginia who has NOT completed his/her CE? Due to high member interest in implementation of the Tax Cuts & Jobs Act, the Big “I” will host two free webinars to provide Big “I” members with information on how the new law and regulations are expected to impact their businesses. To accommodate potential scheduling conflicts, we have decided to host the same webinar live on two different dates: September 13 and October 3. The Big "I" Virtual University's September Lightning Learning series features three 20-minute sessions dedicated to the OCP, MCS-90 and liquor liability. The next Big “I" Swiss Re Corporate Solutions quarterly webinar, Agency Risk Management Essentials: Digital Dangers in your Marketing Presence, is scheduled for Oct. 3 at 2 p.m. ET. |
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