IIAV NEWSLETTER
Independent Insurance Agents of Virginia
June 2017
 We’ve all read news about the start-up, new insurance technology company, Lemonade. Recently there was press that Lemonade processed a claim in around 36 seconds. I think it was a coat left on a subway...but it was a loss and the claim turn-around-time put the industry in all abuzz. At any rate, Lemonade will soon be here in Virginia and it’s a competition about which independent agents should be aware.
Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445094&issueID=51947 to view the full article online. |
|
SACRAMENTO, CA , May 18, 2017 - IIABCal (IIAV’s affiliate in California) and industry partners continue to be heavily involved in a fight against a universal single-payer healthcare bill before the California Legislature.
Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445137&issueID=51947 to view the full article online. |
|
Taxpayers who need in-person help from an IRS Taxpayer Assistance Center (TAC) need to call to schedule an appointment. All TACs provide service by appointment. They are an essential service the IRS provides when a tax issue cannot be resolved online or by phone.
Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445139&issueID=51947 to view the full article online. |
|
Over the past 6 weeks, the Advantage profile has improved dramatically.
- NAICS codes have been expanded to six digits - You can choose whether or not you want to work with consumers who don’t have current insurance - Individual producers can be listed with their own email and phone numbers, including the ability to receive referral notifications via text rather than email Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445140&issueID=51947 to view the full article online. |
|
RICHMOND – Virginia Insurance Commissioner Jacqueline K. Cunningham will retire at the end of the year after serving 30 years with the State Corporation Commission’s (Commission) Bureau of Insurance (Bureau). She was appointed by the Commission to serve as Virginia’s 13th commissioner of insurance on January 1, 2011.
Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445142&issueID=51947 to view the full article online. |
|
Hurricane season runs from June 1 through November 30 each year. The Bureau encourages Virginians to review their insurance coverage and options now. Once a hurricane develops in the Atlantic, it will be difficult to find an insurance company willing to write related coverage until the storm threat passes.
Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445144&issueID=51947 to view the full article online. |
|
VAN WERT, Ohio – The Central Insurance Companies was recently awarded the prestigious Best Practices Award of Excellence from the Independent Insurance Agents and Brokers of America (IIABA or the Big "I"). This is the 10th consecutive year the company has received this award.
Visit http://www.naylornetwork.com/via-nwl/pdf/Central_Insurance_Honored_with_Best_Practices_Award_2017.pdf to view the full article online. |
|
Click Learn More to read the full story.
Visit http://www.snl.com/IRW/File/103541/Index?keyFile=2000557973 to view the full article online. |
|
In my capacity as a "technical consultant" for IIAV I get lots of "cards & letters" from our members seeking information on many different insurance topics. One topic that I am questioned on frequently is the 65 year old and older exemption to the Virginia insurance continuing education requirement. Applying for your exemption is simple. Go to www.virginiainsurancece.com and under the picture of the state capitol on the upper right, click on "Agent Handbook pdf." Then scroll down to page 15 and you will find the required form to send to Pearson along with all of the necessary instructions for completion and mailing (or emailing). Call me if you have questions! J. L. Hudgins CPCU Technical Consultant & Lobbyist Independent Insurance Agents of Virginia 804-747-9300 office;804-929-4138 cell |
 In partnership with Virginia Bankers Association, Virginia Society of CPAs, and Virginia Financial Planners Association! (And they’re all free to attend!)
Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445238&issueID=51947 to view the full article online. |
 An event you want your young agent to attend. With two dynamic, expert speakers, your agency stands to gain a tremendous amount of insight, energy and strategy for being visible, standing out, and growing dramatically in both size and profit. Save the date and stay tuned for more information! Attention Sponsors: If you are interested in sponsorship of any Young Agent events (or others, please contact Carter Lyons (clyons@iiav.com) for more information! Visit http://www.naylornetwork.com/via-nwl/pdf/Save_The_Date_(8).pdf to view the full article online. |
|
"In this world you're either growing or you're dying so get in motion and grow." – Lou Holtz, former American football player, coach, and analyst
Let us help you grow – personally, professionally, and the scale of your business. The following classes are coming up soon, so challenge yourself to learn something new or revisit content that it may have been a few years since you thought about. The classes below are just a few – check out our full calendar for more options! Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445151&issueID=51947 to view the full article online. |
|
By Jon Acuff What’s your fast food guilty pleasure? Don’t say the Outback or the Olive Garden. Those aren’t fast food technically. Those are sit down restaurants. Those aren’t guilty pleasure. I’m talking about the place you go when you’re alone on a business trip. The place you where you only use the drive thru. The place that serves food you eat in the car on a road trip. For me, that’s Taco Bell. I just can’t quit the Bell. I make terrible food choices there, ordering multiple items even though I know they’re all constructed from the same seven ingredients served from a squirt gun strong enough to deliver beans. McDonald’s doesn’t feel that way. I’ll sit in a McDonald’s and not worry if anyone sees me. I don’t eat McRibs, because I’m not crazy, but I never feel shame about an egg McMuffin. Recently though, I saw something in their parking lot that surprised me. Find out how this relates to you and your agency. He makes a fantastic point. |
|
Click Learn More to view this month's opportunities to #LearnMore.
Visit https://www.naylornetwork.com/via-nwl/articles/indexV2.asp?aid=445153&issueID=51947 to view the full article online. |
|
We all want to be more productive – and there are 24 hours in the day. No matter who you are, we’re all equal in the amount of time we have. The world is moving at an incredibly fast pace, and there’s no question that we’re all feeling it. Sometimes we all need to stop. Breathe. Let your mind take a break. Calm does just that. Try it – visit the website and you’re instantly transported to tranquility. (No really – try it.) Skeptical? Study after study shows us that not only does pausing throughout the day allow your brain to rest, but it improves productivity, focus, and sleep, and decreases anxiety and negative thinking. If you have an app you would like to share, email Carter Lyons, clyons@iiav.com |
Many insurance plans offer coverage for out-of-network providers. However, be very careful about using an out-of-network provider as you will likely receive a balance bill from that provider. A balance bill is the difference between the insurance carrier’s usual, customary, reasonable "UCR" payment to an in-network provider and the out-of-network providers full fee. An out-of-network provider does not have to accept the insurance carrier’s UCR as an in-network providers does, as full payment. Therefore, the out-of-network provider can bill the patient for the difference between the insurance carrier’s UCR payment and their full fee, which depending on the service(s) may be hundreds to thousands of dollars. It’s important to know the limitations of your provider network.
|
