Big I Virginia E-News
Archive | Advertise | Printer Friendly | www.iiav.com October 2012
THIS ISSUE
WELCOME

New Agency Members:
   - Prosper Insurance Agency, Virginia Beach, District 2
   - Purdy Insurance Agency, Sunbury, Pa.

New Associate Members:
   - Liberty Surety First, Midlothian, Va.

 
FROM THE DESK OF THE PRESIDENT AND CEO
Hasn’t it been fun being in a toss-up state?? Simply hard to believe all the attention we’ve been getting. I bet if you wanted a cup of coffee there would be a candidate available to get you one.
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STATE & NATIONAL NEWS
By now, you’ve probably heard about the Executive Order President Barack Obama issued in June that offers protection to – and halted deportation of – younger illegal immigrants.
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InVEST, the Big "I" non-profit program dedicated to improving insurance literacy and attracting new talent to the industry, has been beefing up its offensive line to provide the insurance industry tools and resources to draft the first round picks of the class.
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IIAV NEWS
For this year the portion of dues that is NOT deductible as a business expense (due to our lobbying efforts) is 15.1 percent.
 
Legal firm to focus on financial services, securities, insurance coverage
and professional liability.
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As a member of IIAV, you have easy access via our website to an array of information and resources to help your agency prosper. Whether it is compliance issues, ease of doing business, or market access, your association is here to support your needs.
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Want to stay up to date with IIAV, VAIA or the Young Agents? Then, make sure you "like" our pages on Facebook. Interesting articles, upcoming events, photos and more can be found on our pages.
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Whether he was selling Krispy Kreme donuts, waiting restaurant tables or selling insurance, one particular talent exhibited by Patrick M. Sullivan was his "people skill."
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VAPAC is the state political action committee that collects funds from the general membership for distribution to candidates who have a proven interest in and support for insurance legislation. It studies voting records and accepts contribution recommendations from the Legislative Committee.
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UPCOMING EVENTS
Would you like to make connections with more than 20 insurance companies and brokers? Then you should come to the 2012 IIAV Young Agents’ Conference taking place Oct. 18-19 at the Downtown Omni in Richmond.
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IIAV will hold an Account Management Development Day, hosted by the IIAV ACSR Committee, on Nov. 8 at the University of Richmond Jepson Alumni Center in Richmond.
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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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Ever wondered what exactly a captive does and how it can be useful to your business? Join IIAV on Dec. 4 from 3:00-5:00 p.m. for Captives 101 – A Risk Financing Tool in Richmond.
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Wendy Lantz of Teagle Insurance Agency in Newport News began her career in insurance 18 years ago.
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VIRGINIA ASSOCIATION OF INSURANCE AGENTS
VAIA offers pre-licensing classes in Chesapeake, Manassas and Richmond. In-house classes and self study are available as well.
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The Insurance Career Center continues to be a resource to post openings for full-time, part-time and internship positions within the insurance industry.
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IIAV MEMBER RESOURCES
Question 1: Do I have to provide paid rest breaks for my employees?
Question 2: Is it a good idea to use exit interviews to assess why people are leaving the organization?
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E&O SPOTLIGHT
Is your agency doing its due diligence when researching carriers and entities you are doing business with? How do you ensure that the entity is not doing business illegally or, more precisely, with the intent to defraud?
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PRESS RELEASES
Denise Perlman has been named Director, Business Development for Markel Specialty, a division of the Virginia-based specialty insurer, Markel.
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Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up 4 percent from last year, with workers on average paying $4,316 toward the cost of their coverage, according to the Kaiser Family Foundation/Health Research & Educational Trust (HRET).
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We are saddened to hear about the death of Clarence W. Sprenkle Jr., owner of Sprenkle Insurance Agency in Richmond.
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Commonwealth Underwriters Ltd
Atlantic Specialty Lines, Inc.
Gateway Specialty Insurance
Apogee Insurance Group
IIAV Partners
We asked: It appears that Homeowners policy underwriting restrictions for new and existing risks are tightening. Is your agency finding...
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Reader Poll

It is becoming more difficult to profitably write unsupported homeowners and/or automobile. Is this causing you to? (Select the ONE that best describes your actions.)

Actually write more new business
Losing new business opportunities
Lose renewals
Retain renewals

View Results

Independent Insurance Agents of Virginia
1-800-288-4428 / 804-747-9300
Fax: 804-747-6557
members@iiav.com / www.iiav.com
IIAV does not necessarily endorse any of the companies
advertising in this publication or the views of its writers.

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