IIAV News
Join us in Virginia Beach for 3 days of Insurance Industry Insights, Networking, and Fun from June 22 - 24, 2025
Tuesday, June 24: General Sessions and Awards Dinner
Dinner Featuring Entertainment by Tim Gabrielson | Comedian Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=884288&issueID=106060 to view the full article online. New Agency Members
New Associate Members
Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=884289&issueID=106060 to view the full article online.
Visit https://www.independentinsuranceagentsofvirginia-digital.com/viad/2025_membership_directory_and_users_guide/MobilePagedReplica.action?pm=2&folio=AD#pg1 to view the full article online.
State & National News
Virginia Lawyers Weekly Starting next year, judges will have the option to mandate the installation of a speed-limiting device in a vehicle driven by anyone convicted of reckless driving and going over 100 mph. The speed control devices may be mandated in lieu of suspending a person’s license. The legislation takes effect July 1, 2026.
Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=884292&issueID=106060 to view the full article online.
Food For Thought
Written by Kevin Stipe at Reaganview Investors sure love our industry. Believe it or not, publicly traded broker stocks are rallying once again. Led by Gallagher (up 22% year-to-date), the public brokers are collectively up by an average of 10% so far this year. Their valuations are definitely at nose-bleed levels. The average EBITDA multiple for the Big Five public brokers is over 18X. This is roughly 50% higher than a decade ago, when the average multiple was a more historically normal 12X. Visit https://static1.squarespace.com/static/6542fedc4bc2cd7d5761c002/t/68487c81ffcaa80790464f3a/1749580931423/Agency+Values+Keep+Rising.pdf to view the full article online.
By Sarah Martinson At the beginning of May, an Arizona state court judge permitted an artificial intelligence-generated victim impact statement of a deceased victim at a sentencing hearing, leaving some attorneys concerned about how admitting these types of videos might affect sentencing in other cases. Visit https://www.law360.com/access-to-justice/articles/2340191?nl_pk=79de1d94-48e5-49bb-980c-c2bae29de9f9&utm_source=newsletter&utm_medium=email&utm_campaign=access-to-justice&utm_content=2025-05-31&read_more=1&nlsidx=0&nlaidx=0 to view the full article online.
HawkSoft The HawkSoft Insurance Platform provides all core management system features at one price, with a robust ecosystem of add-ons, integrations, and services that help your agency scale as you grow. Get more value for your money with HawkSoft.
Visit https://2877886.fs1.hubspotusercontent-na1.net/hubfs/2877886/Sales%20Collateral%20PDFs/HS6%20Product%20Brochure%20-%20NETWORK%20version.pdf to view the full article online.
Virginia Workers' Compensation Commission The Commission (VWC) is pleased to present its Citation Manual, developed for attorneys, stakeholders and the general public. This Manual provides guidance on formatting written submissions, including proper legal citation style, document structure, and references to statutes and case law. VWC strongly encourages adherence to these standards when submitting Motions, Written Statements, Briefs, or other legal pleadings. Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=884296&issueID=106060 to view the full article online.
Upcoming Events
Find ABEN Classes on the IIAV Education Calendar
Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=884297&issueID=106060 to view the full article online.
CRIS: Workers Compensation (Classroom Off-Site) 06/25/2025 8:30 AM - 4:30 PM Course #228821 | 7 P&C Register CRIS: Contractual Risk Transfer in Construction (Classroom Off-Site) 07/02/2025 8:30 AM - 4:30 PM Course #228982 | 7 P&C Register Visit https://www.naylornetwork.com/via-nwl/articles/index-v3.asp?aid=884298&issueID=106060 to view the full article online.
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Independent Insurance Agents of Virginia 1-800-288-4428 / 804-747-9300 Fax: 804-747-6557 members@iiav.com / www.iiav.com |