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| March 2022 | ||||||||||||||||||||||
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Welcome
From the Desk of the President & CEO
 The 2022 session of the Virginia General Assembly came to an end on Friday, March 11, 2022. If you have been following along with my weekly legislative reports, then you are well aware that this session was one of late nights, fast curve balls and trying new methods to get important information in the right hands at the right time. I always say, “you just have to be there” and that still holds true — more than once this session we were able to step in and right the course of a bill.
IIAV Member Resources
State & National News
Tesla is looking to expand its auto insurance offering into two more states: Oregon and Virginia.
The electric vehicle manufacturer currently offers insurance products in Arizona, California, Illinois, Ohio and Texas — where Tesla first launched its pilot insurance program which tracks policyholders' driving behavior to set rates.
 Each year St. Patrick's Day is celebrated by millions across the globe, attending parties or a night out. This year, St. Patrick's Day will be on Thursday, March 17, and DRIVE SMART Virginia needs your help to encourage patrons to plan ahead for a safe and sober ride home. Share DRIVE SMART Virginia's social media posts, e-newsletters and websites with your networks. Help us keep local leprechauns safe this month!
IIAV News
The cars on board thedoomed Felicity Ace cargo ship included Volkwagens, Porsches, Lamborghinis and Bentleys. Volkswagen said the damage to their vehicles was covered by insurance and incident could result in losses of $155 million, according to some reports.
Upcoming Events
Press Releases
Frederick Mutual Insurance Company (FMIC) is pleased to announce its president and CEO, Nancy Newmister, has been recently recognized by Digital Insurance with the Women in Insurance
Leadership award. Nancy was selected as an honoree for this prestigious recognition based on her resounding success transforming FMIC into a modern, thriving insurance company. 
Education
VCU's Risk Management & Insurance Program announces Faith Cringe as their 2022 Spencer Foundation Risk Manager on Campus from March 21–23, 2022. During Ms. Cringe’s visit, VCU's RMI Program will host a breakfast at the County Club of Virginia on Wednesday, March 23, 2022, from 8:30– 10 a.m.
There is no cost to attend the breakfast for IIAV members but space is limited, therefore, they respectfully request that all attendees register in advance via the link below.
Who's Making News
Virginia’s Gateway Region began as The Appomattox Basin Industrial Development Corporation (ABIDCO), formed on April 2, 1960, by a small group of area businessmen who had a vision of “attracting business and industry to the Petersburg, Colonial Heights and Hopewell area.” For the next 25 years, it operated with a part-time staff tasked with “hosting the activities of industrial prospects.” In 1985, under new leadership that recognized the region’s emerging potential, ABIDCO embarked on its new direction of becoming a more active participant in shaping the future economic climate of the area. Since then, VGR has grown into the economic development partnership between public entities and private industry that it is today. The region’s economy is still evolving and VGR is leading the course for the next 50 years, aiming to ensure the region is a place where global markets become local opportunities and where access is everything. |
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The Independent Insurance Agents of Virginia’s Young Agents conference was held on February 7-9 in Richmond, and it was a great event! The opening reception was at the Circuit Social Club; be sure to check out the Spring issue of the Big I Virginia for photos, coming to your mailbox soon! We had a fantastic lineup of speakers and networking opportunities abounded.
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IIAV Member and VFSC Board Member Willam H. Talley IV, with William H. Talley & Son, Inc. was Appointed to the 2022 Board of Directors for Virginia’s Gateway Region Economic Development Organization.
