Big I Virginia E-News

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.

Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=718883&issueID=85285 to view the full article online.

The Security You Need. The Name You Trust.

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.

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State & National News

The Commonwealth of Virginia State Corporation Commission's Bureau of Insurance has Issued a Heightened Cybersecurity Risk

Visit https://www.naylornetwork.com/via-nwl/pdf/Heightened-Cyber-Risk.pdf to view the full article online.

Tesla Eyes Further U.S. Insurance Expansion

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.

Visit https://www.insurancebusinessmag.com/us/news/breaking-news/tesla-eyes-further-us-insurance-expansion-398471.aspx to view the full article online.

Happy St. Patrick's Day — Be Sure to Designate Before You Celebrate

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!

Visit https://www.drivesmartva.org/outreach-and-education/toolkits/ to view the full article online.

Cargo Ship Carrying Thousands of Luxury Cars to U.S. Sinks in Atlantic Ocean

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.

Visit https://www.cbsnews.com/news/cargo-ship-luxury-cars-sinks-atlantic-ocean-portugal/?fbclid=IwAR2U3_JGDLmePBOv3bsNVXLmN1teyWOzdCH6ZXMEfG7pFv_U-CzgmNZ8XJw to view the full article online.

Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=718932&issueID=85285 to view the full article online.

The State of Women in Independent Insurance Agencies

Liberty Mutual and Safeco are marking this year's Women's History Month with the release of a new research report exploring the unique challenges and opportunities women face in the independent agent system.

Visit https://www.agentforthefuture.com/womenininsurance/ to view the full article online.

I’m in Control of My Future, Are YOU?

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.

Click HERE.

Press Releases

J.M. Wilson Promotes Elise Hamill to Senior Property & Casualty Underwriter

Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=718796&issueID=85285 to view the full article online.

Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=718936&issueID=85285 to view the full article online.

J.M. Wilson Announces Caleb Heilman as Assistant Transportation Underwriter

Visit https://www.naylornetwork.com/via-nwl/pdf/JM_Wilson_Hires_Caleb_Heilman_as_Assistant_Transportation_Underwriter.pdf to view the full article online.

Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=718937&issueID=85285 to view the full article online.

Erie Insurance Names Jorie Novacek as Senior Vice President and Controller

Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=718797&issueID=85285 to view the full article online.

Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=718938&issueID=85285 to view the full article online.

The Daily Record has named Harford Mutual Insurance Group's Assistant Vice President, General Counsel and Secretary Geneau M. Thames, Esq. to 2022 Listing of Leaders in Law

Visit https://www.naylornetwork.com/via-nwl/pdf/Geneau_M._Thames_Esq._named_2022_Leaders_in_Law_Honoree.pdf to view the full article online.

Frederick Mutual Insurance Company Leader Honored with Women In Insurance Award

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.

Visit https://www.naylornetwork.com/via-nwl/pdf/Frederick_Mutual_WIL_Press_Release_March2022.pdf to view the full article online.

Education

Visit https://conta.cc/3tTHihp to view the full article online.

VCU RMI Announces 2022 Risk Manager in Residence

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.

Visit https://connect.business.vcu.edu/register/RMOC-IIAV to view the full article online.

Big I Virginia E-News

Independent Insurance Agents of Virginia