IBA of San Diego - Newsletter

INSTALLATION LUAU DINNER DANCE Don't miss this event!
DATE:	Saturday, January 22, 2005 From 6 to 10 pm

LOCATION:	San Diego Yacht Club

For more information contact Lori Fentress at (619) 741-3795 or email lori@ibasandiego.com

IBA SAN DIEGO I-DAY Don't miss this event!
DATE:	Tuesday, May 10, 2005

LOCATION:	Town and Country Resort and Convention Center 500 Hotel Circle North San Diego, CA 92108

\| DOWNLOAD EXHIBITORS/SPONSORS REGISTRATION FORM HERE \| For more information contact Lori Fentress at (619) 741-3795 or email lori@ibasandiego.com

COMMITTEE REPORT

This year's Holiday Charity Fundraiser was a big success!! With the help of The Butcher Shop Restaurant, the Burn Institute, Terry Burhans (FOX 6 News) and our three firefighters (Captain Michael Simpson, Firefighter Andy Wilson, and Firefighter Ryan Stolzoff) the party went off with out a hitch.

A special thanks must go to the IBA associate members for the amount of giving they demonstrated at the event. With the generosity of the IBA's members and it's numerous sponsors, we were able to raise $11,000 to donate to the Burn Institute. This money will be presented to representatives of the Burn Institute at this years installation dinner.

Thanks again to all who participated!

Sincerely,

— Scott Sherman,
2005 Holiday Charity Fundraiser Chair

I Day planning is in full swing. We have secured a Grand Sponsor. Monarch E & S has stepped up and they are very excited about supporting this event in a BIG way. The I Day committee wants to make this the best I Day ever and we need everyone's help by purchasing your tables early. Tables are assigned in order of check received date. We also need many more sponsors. Please get your sponsorship form in early to secure your choice. Later this week, we will be announcing the I Day speaker. This years theme is "Shoot for the Stars" and we will also have a military presence.

— Judy King, Secretary/Treasurer

I am honored to assume the role of IBA San Diego President, and to continue the efforts on behalf our members and our community. The year will kick off with an Installation Luau on Saturday, January 22nd. Get that Hawaiian print shirt out and come have a great time with your incoming board. It will be at the San Diego Yacht Club, and invitations have already been sent out. This will be an exciting year for agents and brokers as we face disclosure issues, from reasonable disclosure duties to possible CDI requirements of unprecedented draconian regulations.

Earlier this month, President Elect Steve Shea and I had the opportunity to have breakfast with Assemblyman Juan Vargas, Chair of the Assembly Insurance Committee. We were joined by his Chief of Staff, and John Norwood, lobbyist for IBA West who spearhead the get together.. We discussed compensation – commissions, fees, and profit sharing – sharing with him our role as advocates for our clients. We had dialogue on the technical implementation of SB 899 and the relief that we should continue to see, and we also discussed momentum that is recurring to eliminate commissions paid by the State Fund.

It was a great opportunity to see how IBA West influences and affects legislation on our behalf. We were able to see and feel good about how our dues dollars are at work for us. One of our goals this year will be to have more “Meet Your Legislator” events so we can discuss face-to-face issues that affect us, so keep your eyes out!