Big I Virginia E-News
June 2022
Welcome
 
 
Associates
The Networking Institute                               Fairfax, Virginia
 
Agencies
CIG of VA, Inc.                                              Newport News, Virginia                  District 1
From the Desk of the President & CEO
  
See You in Virginia Beach!
We are so looking forward to the IIAV Convention to be held at the Virginia Beach Oceanfront Marriott, June 26–28. Come for the full convention or stop by for just a day or even an event!
Nominations Due June 10 for the IIAV Agent of the Year "Golden Eagle" Award and IIAV Company Person of the Year Award
  
Nominations for these two prestigious awards are due by NOON on Friday, June 10.
 
The IIAV Agent of the Year “Golden Eagle” Award recognizes the outstanding contributions of an agency member. Nominations may be made by any IIAV member on the basis of an individual’s industry/professional contributions, association involvement, continued growth, agency achievements and community activities.
 
The IIAV Company Person of the Year Award was established to recognize the outstanding contributions of a company representative.  Nominations may be made by any IIAV member on the basis of an individual who has demonstrated professionalism in the insurance business, excellence in public relations and fostering agent-company relations.
IIAV Member Resources
  
Rough Notes Advantage Plus
Rough Notes Advantage Plus is a trusted insurance knowledge base platform available at a member exclusive discounted price to Big “I” members.
The Security You Need. The Name You Trust.
Berkshire Hathaway GUARD Insurance Companies®
Berkshire Hathaway GUARD Insurance Companies are rated A+ “Superior” by A.M. Best (as of 4/20/2021) and backed by the financial strength of our ultimate parent, Berkshire Hathaway, Inc.  In Virginia, we offer a full product suite for your commercial clients that includes a Businessowner’s Policy (with typical limits up to $20 million; $50 million for select classes), Commercial Auto, Commercial Umbrella, Professional Liability, and Workers’ Compensation.  “Pay-as-you-go” billing options are also featured.
Learn more
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State & National News
  
SCC Encourages Virginians to Plan Now for Hurricane Season
The Atlantic hurricane season began June 1, and the State Corporation Commission’s (SCC) Bureau of Insurance encourages Virginians to review insurance policies now to make sure you have the coverage you need if a hurricane or other natural disaster strikes. 
  
The 10 Most Costly U.S. Floods
A single inch of floodwater can cause up to $25,000 in damage that isn’t covered under most homeowners policies.
Goodville Mutual
IIAV News
  
Introducing the Big "I" Guardian Risk Management Website
The Big “I” Professional Liability risk management web site formerly known as “E&O Happens” is now E&O Guardian.
  
Trusted Choice Marketing Reimbursement
Take advantage of the Trusted Choice Marketing Reimbursement Program, made to help offset marketing costs when leveraging the Trusted Choice logo. Create a new website, invest in traditional or digital cobranding or upgrade your profile on TrustedChoice.com! Contact Don Bragg for more information at dbragg@iiav.com.
  
Teen Driving Facts and Statistics 2022
Teen driver safety is a topic that affects all drivers on the road. With 7.8% of all fatal crashes occurring among drivers ages 15 to 20, motor vehicle deaths are the second-leading cause of death for this age group.
  
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
The yearly increase is the highest reported since the National Highway Traffic Safety Administration (NHTSA) began using its current traffic fatality tracking system in 1975.
I’m in Control of My Future, Are YOU?
Smart Choice®
Going independent was a challenge, but my partnership made it possible. Agents that join Smart Choice retain ownership of existing and future policies.  That’s right, agents keep what they already have, what they write and give up nothing.  Agents pay no startup fees, monthly fees, maintenance fees, or exit fees, ever.  Agents can utilize our support when they need carrier access or our expertise.
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The Kotter Group
Education
  
Compensable Time: When Do You Need to Pay a Non-Exempt Employee?
A recent story reported that Delta Airlines will begin paying flight attendants half-time for boarding duties, a change from the industry-standard of only paying once the doors close.
  
How to Build Your Own Fleet Safety "Certification" Training
Most light-duty fleets are not regulated by the Department of Transportation. Thus, there is no specific “fleet safety certification” or demarcation for being “fleet safety certified.” 

Who's Making News
  
Elephant Insurance Reports Data Breach
The company determined that the breach occurred between March 26, 2022, and April 1, 2022. The affected information includes name, driver’s license number and date of birth.