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Industry News
IIABA NEWS
Fulwider Inaugurated as Big “I” Chair
Robert Fulwider was inaugurated earlier this month as the new Big “I” chair, with C. Brett Nilsson, CIC, and J. David Daniel assuming the offices of chair-elect and vice chair, respectively. The new officers were sworn in at the Big “I” Leadership Conference in San Diego.
Fulwider is principal and president of the Ray Wuestenberg Agency, Inc. in West Liberty, Iowa, and the Fulwider Agency, Inc. in West Branch, Iowa. He also is president of Bob Fulwider and Associates, a life-health financial-planning agency in eastern Iowa.
Fulwider has been very active in the Big “I” at the national and state levels since starting his career as an independent agent in 1973. He is a past president of the Independent Insurance Agents of Iowa and currently sits on its education committee. He also is the only two-time Agent of the Year in IIAI history (1983, 1990) and was inducted into the Iowa Insurance Hall of Fame in 2003. Nationally, he is a past chairman of the Big “I” Government Affairs Committee and the association’s Crop Insurance Task Force; and he also has chaired several other Big “I” national committees, including farm/agribusiness, personal lines and markets development. He also is served as a director on the national association’s board. He and his wife Jan have one adult child and live in West Liberty.
Nilsson is senior vice president for The Buckner Company, based in Salt Lake City. Prior to being elected to the executive committee in 2003, Nilsson served as president of the Independent Insurance Agents of Utah from 1992-93. He also served as a director on the Big “I” national board for nine years. Nilsson was chairman of IIABA’s Finance Committee from 1999-2003 and served on IIABA’s Communications Committee. He has been involved in the Trusted Choice® Big “I” Junior Classic golf tournament for a number of years. Nilsson is a past recipient of Utah’s Agent of the Year and Young Agent of the Year awards and he received an IIABA Presidential Citation in 2001. In 2003, Nilsson received his state association’s highest individual honor, the Burgener Award, a distinction that has only been awarded five other times in the history of the Utah association. He and his wife, Nancy, live in Layton, Utah. They have four children and four grandchildren.
Daniel is president of Daniel & Eustis Insurance in Baton Rouge, La. Prior to being elected to the executive committee, Daniel served on the Board of Directors of the Independent Insurance Agents of Louisiana for eight years before becoming president in 1997. During his tenure on the board, he was chairman of the commercial lines committee and a member of both the legislative affairs and education committees. Daniel served as Louisiana’s director on the national board and has acted as the state association’s representative to the Louisiana Insurance Rating Commission. For his commitment to the state association, Daniel has received IIAL’s Lifetime Achievement Award as well as the Outstanding Committee Chairman Award. On the national level, Daniel has served on IIABA’s Technical Affairs Committee and was chairman of the Governance and Communication Task Force. Daniel is devoted to the community as well as the insurance industry. He has been a member of the Capital City Kiwanis Club for 27 years and was awarded the prestigious George R. Hixson award for his community service. He and his wife, Janet, have two children, Mary Rose and John.
IIABA NEWS
Big “I” Fall Leadership Conference Survey
Thank you to the attendees of the 2008 Big “I” Fall Leadership Conference in San Diego. Please take a moment to complete a brief survey about the event by clicking here. Input is much appreciated as IIABA strives to host events that meet the needs of independent agents.
Independent agents and state staff members from all over the nation visited San Diego from Sept. 28-30. The Big “I” Fall Leadership Conference was an exciting meeting offering education directors, young agents and industry technology leaders (ACT, AUGIE and Real time) a chance to network and attend cutting edge sessions.
The National Young Agents Committee awarded a total of five committee awards the most prestigious of which being awarded to the Young Agents Committee of the Independent Insurance Agents of North Carolina. Click here for more information.
Looking forward to more Big “I” events? Learn about the Big “I” Best Practices Symposium and winter board meeting in the Bahamas or watch a brief video about the 2008 Legislative Conference & Convention by clicking here.
TRUSTED CHOICE®
New Print Ads Debut
Trusted Choice® has just added four new print ads to the Web site for Trusted Choice® agents to use touting the new tagline: “Trusted Choice®: You need an independent insurance agent.” All of the ads are tag-able so Trusted Choice® agents can include their agency contact information. The print ads even have room for an agent’s picture--- what better way to be recognized in your local community? The print ads are available in multiple sizes, newspaper or magazine format, and in black-and-white or four-color formats. The print ads tout the theme that hiring a Trusted Choice®independent agent is necessary and relevant because consumers may leave things they aren’t aware of to chance. The ads stress that Trusted Choice® agents have a complete understanding of their customers’ needs and without them, consumers are not getting the best insurance coverage. They also show that Trusted Choice® agents ask the right questions, provide customized plans and offer their clients peace of mind. The new ads can be accessed in the Agents/Brokers section of www.TrustedChoice.com, under Advertisements. You will need your log in name and password to access this section. Those who do not have/have forgotten their password can e-mail Trusted.Choice@iiaba.net to request the information. For additional information, contact Jenner Gohr at 800-221-7197; jenner.gohr@iiaba.net.
IIABA NEWS
Important Notice Regarding ACORD Form 62 PA
ACORD has discovered that the 2003/07 edition of ACORD Form 62 PA (Underinsured Motorists Coverage Selection/Rejection) omits two words. Therefore, anyone still using ACORD Form 62 PA (2003/07) should immediately replace it with the 2007/08 edition of the form [ACORD Form 62 PA (2007/08)].
• ACORD Advantage participants, click here to obtain an updated form, username and password required.
• Members and participants in other ACORD programs with Property-Casualty/Surety forms access, click here to obtain an updated form.
• Click here for a PDF version of the ACORD 62 PA (2007/08) form.
InVEST
Help Wanted
The Big “I” Career Center offers free resume posting to InVEST students. This is a great opportunity for students to find a job in the insurance industry while participating in the InVEST program. Employers can view the resumes of InVEST students online using a searchable database. Students have the option of entering their job criteria into a search agent to receive job matches on a daily basis. By looking through the featured employers section, students can explore the profiles of employers in their area. InVEST liaisons can sign up their InVEST students for this great resource by contacting Sandra Skipper or Amber Williamson at 800-221-7917. For more information about the Big “I” Career Center, click here.
BIG “I” MARKETSSM
Access Chubb Commercial Property Umbrella
For Big “I” members needing access to umbrellas for their commercial risks, there’s always Chubb’s Commercial Property Umbrella. The Chubb policy is one of the few that feature two separate insuring agreements. Here are some highlights of that program:
Coverage A - Excess Follow Form Insurance offers these key benefits:
*Reduction of potential gaps in insurance protection by adopting the provisions of a company's scheduled primary policies.
*Vertical continuity with primary coverages.
*Loss payments are made on behalf of the insured.
*Duty to defend suits on behalf of the insured after underlying limits erodes.
Coverage B - Umbrella Liability Insurance offers these key benefits:
*Broadened protection to help close or eliminate gaps in a company's primary insurance program.
*Protection when no underlying insurance applies.
*Loss payments are made on behalf of the insured.
*No self-insured retention.
*Definition of personal injury includes discrimination, harassment and segregation (where permitted by law).
Log into www.bigimarkets.com today to access the Chubb Commercial Umbrella.
BEST PRACTICES
2007 Best Practices Agencies Announced
Every three years, the Big “I” asks insurance companies, state association affiliates and other industry organizations to nominate agencies they believe to be among the better, more professional agencies in the industry for each of the Best Practices study’s revenue categories. The nominated agencies are then invited to participate in the study. Participating agencies must be willing to share key business practices/philosophies and to complete an in-depth survey detailing their financial and operational year-end results. Those results are then scored and ranked objectively for inclusion on the basis of operational excellence. This year, at the beginning of a new three-year study cycle, more than 800 independent agencies across the country were nominated to take part in the annual study, but only 195 agencies qualified for the honor. To be chosen, the agency had to be among the 25 to 35 top-performing agencies in one of six revenue categories. Their year-end results and business practices were compiled to create the 2007 Best Practices benchmarks. Taking part in the Best Practices Study has become a prestigious recognition of the superior accomplishments of the top insurance agencies in the country. IIABA and Reagan Consulting congratulate these agencies on their outstanding achievement.
Click here to download the 2007 Best Practices Agencies listing. For more information on related education opportunities, click here.
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