FAIA members call for end to AOB abuse - ADVOCACY
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FLORIDA ASSOCIATION OF INSURANCE AGENTS
for your eyes only
MARCH 27, 2019 | VOLUME LXVIII, ISSUE 12
ADVOCACY
FAIA members call for end to AOB abuse
Led by FAIA member and Senator Doug Broxson, more than 125 agents and consumers
marched from downtown Tallahassee to the front steps of the old Capitol last week to call
for an end to abusive AOB practices that are harming Florida consumers by increasing the
cost of home and auto insurance. The march was held in conjunction with FAIA’s Capitol
Days, and is just one of the ways your association advocates on your behalf. For more on
FAIA's advocacy work, read Jeff Grady’s commentary in the Insurance Journal.
FAIA Board member addresses affordability, private
market expansion during NFIP hearing
FAIA board member Chris Heidrick, CPCU, CFP, ANFI, recently
testified before the U.S. House Financial Services Committee on
reauthorization of the NFIP. Chris—the only insurance witness to
testify at the hearing—also chairs the Big “I” Flood Insurance Task
Force. He fielded several questions from members of Congress, and
ensuring that flood insurance is affordable for low-income property
owners and helping expand the private market emerged as important
FAIA board
member Chris themes.
Heidrick
READ THE IA MAGAZINE ARTICLE
In other flood news: Read David Thompson's update on when you can cancel an NFIP
policy in exchange for a private flood policy.
Department of Labor seeks to update overtime rule
The Department of Labor recently proposed a new overtime rule that
is much more limited in scope than the Obama administration’s rule
that was ultimately struck down by a federal court in 2017. If
finalized, the proposal would increase the minimum salary level
threshold for overtime-exempt employees from $23,660 per year to
$35,308 per year, roughly an inflationary increase.
FAIA Vice READ LAURA'S LEGAL BRIEF OF THE WEEK
President &
General Counsel
Laura Pearce, Esq.
INSURTECH
Knowledge is power: Arm yourself
Want to know how your revenue per employee stacks up with
your peers? If you’re paying your producers too little or too
much? How about your turnover rates and average commission
per policy? Through the IntellAgents partnership, FAIA can
help you find answers to these questions and many more, but
we need your help to make it happen. If you haven’t already,
please set aside about 30 minutes to complete FAIA’s
compensation and benefits survey.
TAKE THE SURVEY
INDEPENDENT MARKET SOLUTIONS
Avatar removes inspection requirement and
map limitation on HO6 product
Condos have been such a success for FAIA preferred
provider Avatar that the company has decided to make the
binding process easier for agents by removing the 4-point
inspection requirement and the map limitation across the
state. Avatar also is offering a $25 gift card per policy for
IMS-appointed agents.
GET STARTED
TRUSTED CHOICE
Build the brand and do some good
Over the next three weeks, Trusted Choice will be sponsoring
three Make-A-Wish Walks around the state: this Thursday,
March 28 in Orlando; Saturday, April 6 at the Miami Zoo; and
Saturday, April 13 in Tampa. Participating in the Make-A-Wish
Walks by walking or contributing is a great way to show your
community that insurance agents care while building the
Trusted Choice brand.
SUPPORT MAKE-A-WISH
EDUCATIONRob Norberg, AAI, president of Arden Insurance Associates in Lantana, preaches stacked UM, too. He
estimates that 75 percent of his customers have stacked UM at their bodily injury limits—in Palm Beach
County! Watch this video to see how he does it.
Unstacked UM: Penny wise, pound foolish
When it comes to uninsured motorist coverage, too many agents push price over
coverage, even when the difference can be literally pennies. But Jim Nolan, owner of
Nolan Family Insurance Agency in Punta Gorda, gets it. He shared a recent success
story with David Thompson.
READ MORE
IN MEMORIAM
Louis L. Schlitt
We extend our condolences to the family, friends, and colleagues of Louis L. Schlitt, who
passed away March 3. He was a native of Vero Beach, Florida, who received a B.A. from
FSU’s Business School in insurance and real estate. He joined the Ed Schlitt Agency as a
partner in 1958 and later created Schlitt Insurance Services, which is run by his nephew,
Robert Schlitt, Jr., and son, FAIA Past Chairman Jeff Schlitt. Louis was very active in his
community, serving as president of the United Way and Lions Club, and on the Indian
River County Chamber of Commerce. He will be remembered by all who knew him. Read
more about his life in the TC Palm.NEW MEMBERS AGENCY MEMBERS 925 Partners: Jacksonville Advantage Insurance of Northwest Florida, Inc. DBA Great Florida Insurance: Pensacola Florida All Risk Insurance, LLC: Bradenton Glazier Insurance Agency, Inc.: Naples Sandroc Insurance, LLC: Safety Harbor ASSOCIATE MEMBERS Dovetail Insurance: Columbia, SC Renaissance Alliance: Wellesley, MA HEADLINES MEMBER NEWS Brightway Insurance, Inc., Jacksonville: recognized as one of the “Fastest- Growing Franchises” in the country by Entrepreneur magazine, and one of the “Top 100 Franchises of 2019” by Franchise Gator. Jason Levine, TGG Financial Services, Inc. dba Harry Levine Insurance Agency: earned his CPCU designation. Brian Scarborough, CIC, REBC, Hub International Florida: named the first runner up for the Dan Fulwider Award by Trusted Choice for his work with Tyler’s Hope. The charity will receive a $1,000 donation. INDUSTRY NEWS AmWINS Group, Inc.: completed the acquisition of The Flood Insurance Agency (TFIA), a Florida-based managing general agency that specializes in private market flood insurance. Aon PLC: partnered with insurtech firm Claim Central to digitize and streamline claims management. Claim Central plans to open a center in Jacksonville to manage the product. City of Sarasota: Current flood-plain information and technical assistance is available from the City of Sarasota for properties within the city limits. For more information, call 941-954-4127, or visit the city's Flood Insurance Information website. City of Tampa and Hillsborough County: sponsoring a Flood Insurance Stakeholder Workshop to review the FEMA mapping project and related changes to
the NFIP on April 3. Registration is required to attend.
CALENDAR OF EVENTS
FAIA EVENTS
June 19–21, 2019: 115th Anniversary Convention and Educational Symposium;
Orlando World Center Marriott, Orlando.
Aug. 7–9, 2019: Summer Leadership Conference; The Breakers, Palm Beach.
LOCAL BOARD EVENTS
March 27, 2019: Lee County AIIA, March Lunch Meeting; Cypress Lake Country
Club, Ft. Myers.
April 4, 2019: IIA of Broward County, Big I Day; Weston Hills Country Club, Weston.
April 11, 2019: IA of Tampa Bay, Five-Hour Ethics and Law CE Class; American
Integrity Insurance, Tampa.
April 11, 2019: IIA of Northeast Florida, Big I Day; TopGolf Jacksonville.
April 18, 2019: IIA of Central Florida, Big I Day; TopGolf, Orlando.
April 18, 2019: IIA of Palm Beach County, CE, Mini Golf, and Networking; Putt’n
Around Mini Golf & Sports Bar, Delray Beach.
April 25, 2019: IIA of Tallahassee, Big I Day; TBD.
May 2, 2019: Lee County AIIA, Big I Day; Heritage Palms Golf & Country Club, Ft.
Myers.
INDUSTRY EVENTS
April 10, 2019: Spring Job Fair, Santa Fe College; Gainesville.
May 8–10, 2019: IIABA Legislative Conference; Renaissance Washington, DC,
Downtown, Washington, DC.
Trusted Choice sponsors Make-A-Wish Walks:
1. March 28, 2019: Lake Eola Park, Orlando.
2. April 6, 2019: Zoo Miami, Miami.
3. April 13, 2019: Raymond James Stadium, Tampa.
4. May 18, 2019: Metropolitan Park, Jacksonville.
A publication of the Florida Association of Insurance Agents
PO Box 12129, Tallahassee, FL 32317-2129
850-893-4155 | Visit us onlineManage Your E-Mail Preferences | Unsubscribe All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means-electronic, mechanical, photocopying, recording, or otherwise-without the prior written permission of the Florida Association of Insurance Agents. FAIA does not give legal advice. Agents are urged to seek the counsel of a licensed Florida attorney familiar with the Florida Insurance Code.
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