Big I Virginia E-News
Archive | Advertise | Printer Friendly | www.iiav.com December 2013
THIS ISSUE
Johnson & Johnson
WELCOME

New Agency Members:
 - Lester Insurance LLC; Wytheville, Va.

New Associate Members:
 - American Public Risk Inc.; Richmond, Va.
 - Colonial Driving School; Colonial Heights, Va.

 
FROM THE DESK OF THE PRESIDENT AND CEO
With all the news about the recount and state-wide elections, it's just as important that we know about the new members of the Virginia House of Delegates.
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STATE & NATIONAL NEWS
Following a recent announcement by President Barack Obama, the State Corporation
Commission’s Bureau of Insurance undertook a legal and regulatory analysis of the President’s proposal.
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The Insurance Fraud Program (IFP) of the Virginia State Police (VSP) recently completed a state-wide research project on Virginians' attitudes regarding insurance fraud.
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It looks like the CFP Board of Standards isn't getting into the business of becoming a continuing education program provider — at least for now.
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Effective January 1, 2014, all new applicants (and applicants for renewal) of Escort Vehicle Driver Certification must present satisfactory proof of successful completion of an 8 Hour Escort Vehicle Driver Certification Course as approved by the VA DMV, and must pass an escort vehicle driver certification knowledge test with a score of 80 percent or higher.
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The IRS is warning the public about a phone scam that targets people across the nation, including recent immigrants.
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InVEST® legend Gary Preston has inspired thousands.
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IIAV NEWS
For the first time in years, IIAV has met its national InsurPAC goal. InsurPAC is your federal political action committee which seeks to support U.S. congressman, senators and candidates for federal office.
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Before joining forces among three agents to start a new agency, it is always a good idea to scale a 14,411-foot-high mountain. Well, at least, that was the thinking of John Ruch, Bob Jones and Gil Hughes.
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Thank you to everyone who attended the IIAV Claims Panel hosted by the Young Agents' Committee on November 15 at IIAV.
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EDUCATION
Sign up for classes and events online at www.iiav.com. To register at member prices, you MUST enter your member ID and password. If you do not have this information, please call IIAV at 1-800-288-4428.
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TAPCO Underwriters Inc
VIRGINIA ASSOCIATION OF INSURANCE AGENTS
You heard that right – this year VAIA will be hosting a Roast & Toast Fundraiser Event honoring David Priest of Virginia Commonwealth Corp.
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IIAV MEMBER RESOURCES
What top news story or recent event had you or your clients thinking, "Hmm, I wonder if my insurance covers that?"
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As we prepare for our holiday season, which is anchored by the celebration of Christmas, it is important to note that there are many other religious holidays that occur within the next few weeks.
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Affinity HR Group answers questions about benefits, hiring and other employee issues.
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E&O SPOTLIGHT
An agency’s client purchased a CGL insurance policy with a $1 million limit. Notably, the client indicated on his CGL insurance application that he operated a small trucking company that hauled exclusively fresh water to various local construction sites.
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Commercial General Liability (CGL) is the underlying coverage involved in nearly one in four E&O claims made against agents in the past five years, according to claims data from Swiss Re, the endorsed carrier for the Big "I" Professional Liability Program.
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PRESS RELEASES
Ricky Ratcliffe of R Jackson Ratcliffe, Inc. of Manassas passed away Nov. 8 after a yearlong battle with pancreatic cancer.
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Progressive Chairman Peter Lewis, chairman of the board of Progressive, has passed away. Peter was both a pioneer in the insurance industry and a controversial figure for both the independent agency system and the nation.
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Atlantic Specialty Lines, Inc.
Harleysville Insurance Companies
Commonwealth Underwriters Ltd
IIAV Partners
We asked: "Has your agency updated its profile on the consumer Trusted Choice website yet?"
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Reader Poll

A recent national release indicated that independent agency operations were experiencing 5% to 9% revenue increases in the most recent quarter. What is your agency experiencing?

Increase of 10% or more
Increase of 5% to 9%
Increase of 1% to 4%
FLAT
Decrease

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Independent Insurance Agents of Virginia
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Fax: 804-747-6557
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