Big I Virginia E-News

 

 

IIAV celebrated its 120th birthday in Virginia Beach and from the looks of everything, we had quite a party. We had more agents and attendees in attendance than we have had for many years. For the first time that I can recall, we actually not only sold out the trade show, but had to turn companies away from exhibiting with a longer and longer wait list. We tried to accommodate as many companies as we could in the exhibit hall, but at some point, it was just not fair to stick in another booth. The traffic in the trade show was almost shoulder to shoulder and it was appropriately named the “Resource and Solution Center.” Our thanks go to the many companies who exhibited and sponsored the convention.

 

 

According to the Federal Communications Commission (FCC), U.S. consumers received approximately 2.4 billion robocalls per month in 2016. It feels like I receive a large number of those calls. It has gotten so bad that I don’t answer my phone (cell or office) anymore from a number I don’t recognize.

 

The FCC is taking steps to try to stem the tide of robocalls and texts. They do provide some helpful information on how to stop unwanted robocalls and texts. An article on the FCC website – Beating Back Unwanted Robocalls – goes into more depth on the problem.

WASHINGTON, D.C., June 12, 2019 — The Independent Insurance Agents & Brokers of America (the Big “I") thanks the House Financial Services Committee for passing a measure to extend the National Flood Insurance Program (NFIP) for five years.

 Alpharetta, GEORGIA – The Central Insurance Companies have announced the promotion of David Lee, CPCU, to Assistant Vice President in its Southeast Regional Office effective June 3, 2019. 

 

Lee will work with Southeast Regional Manager and Senior Vice President Keith Moore on strategic perpetuation of the underwriting, marketing, and claims functions serving Central’s agency partners in Georgia, Maryland, North Carolina, South Carolina, Tennessee, and Virginia before Moore’s planned retirement in November 2019. 

 Q: We are about to hire an independent contractor but want to run a background check on him before we hire him. Can we run a background check on an independent contractor and make the contract contingent on the results?

 

Many Americans may consider their home, car or precious heirlooms their most valuable assets, but what about the ability to work and earn a living? Illness or accidents can render you disabled in an instant. In fact, according to the Social Security Administration, more than one in four of today’s 20-year-olds will become disabled before they reach retirement age. If that happens to you, how long could you and your family go without a paycheck and maintain your lifestyle?

 

The State Corporation Commission’s (SCC) Bureau of Insurance reminds Virginians that disability insurance can provide income protection when you cannot perform your job duties or earn a salary due to an injury or illness not related to your job.

Richmond - The State Corporation Commission (“SCC”) is proposing a protection for Virginia consumers enrolled in managed care health insurance plans to guard against surprise bills from medical providers for amounts not covered by their plan. The practice is known as balance billing.

FEMA has released an updated NFIP Manual, effective June 1, which includes several changes to the current edition in effort to improve clarity of flood insurance claims. Click below for a summary of the changes.

 

Looking to get started with digital payments? Attend the Digital Payments Made Easy with ePayPolicy webinar!

 

With consumers loving convenience more than ever, agents and brokers are looking for an easy and secure way to collect digital payments without eroding their bottom line.

Check out what IIAV Education has to offer this summer! School may be out but it is the perfect time to knock out some of your required CE credits. See the full calendar at www.iiav.com/education.