Category Archives: Bill Arowood

Feb 04
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AUI Chooses Children’s Hospital to Be Their Valentine

By | Appalachian Underwriters, Bill Arowood | No Comments

For the month of February, Appalachian Underwriters, Inc. (AUI) has chosen East Tennessee Children’s Hospital as their Valentine.

All month long, AUI will hold a donation drive for the hospital through Friday, February 27, and collection bins will be located in Building A on all floors.

“All of us who have children in our lives have been touched by the incredible work of East Tennessee Children’s Hospital,” said Bill Arowood, president of AUI. “Our donation drive is a small way we can help meet the needs of the children served by the hospital.

Items being collected include: Short- and long-sleeved onesies for ages 0-3 months and 3-6 months; new or used clean clothing from birth to 3T, especially sweatpants, shorts and T-shirts; coloring books and crayons; and DVDs rates PG or PG-13 for teens and older children.

To learn more about Appalachian Underwriters, Inc., visit www.appund.com.

Jan 22
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INVO PEO Sponsors Run For The Schools on February 28

By | Bill Arowood, INVO PEO | No Comments

INVO PEO has signed on as a sponsor for the Rusty Wallace Honda Run for the Schools, set for Saturday, February 28, 2015, at Chilhowee Park in Knoxville. The event features a 5K race and fun walk in the Knoxville Zoo and a 100-yard dash for children.

“We are proud and honored to support our region’s schools in such a tangible way,” said Bill Arowood, president of INVO PEO.

Funds raised by the race are distributed to individual public and private schools in Knox and surrounding counties based on each school’s participation in the event. In addition to a cash sponsorship, Arowood wants to encourage participation in the event by paying the registration fees for 25 participants who use the discount code INVOCARES. Simply go to the event web site, www.runfortheschools.org and click the link to register to get started.

Other sponsors for the event include Knoxville TVA Employees Credit Union and z11 communications.

Jan 21
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President Signs PEO Legislation

By | Bill Arowood, INVO PEO | No Comments

Late in December, President Obama signed into law the Small Business Efficient Act (SBEA) which clearly defines professional employer organizations (PEOs) in the federal tax code as well as a host of other items that will assist the PEO industry.

A key component of the new law is a voluntary certification program for PEOs with the IRS. This program will help consumers select PEOs that have undergone strict review of financial standards by the IRS. To meet those standards the PEO must satisfy reporting obligations, meet financial standards (including bonding and independent financial reviews) and meet other appropriate standards set by the IRS.

Once a PEO is certified, they would take the sole liability for the collection and remission of federal employment taxes for worksite employees. This makes it very clear for the clients of the PEO where the liability lies and removes some of the current ambiguity.

“INVO PEO is dedicated to providing the highest standards in financial stability. As this new program is launched, our company will be one of the first to pursue this certification,” stated Bill Arowood of INVO PEO concerning this new legislation.

Jan 15
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Google to Enter Auto Insurance Market

By | Bill Arowood | No Comments

Since 2013 Google has been licensing its online shopping site to sell auto coverage in several states. Currently they active licenses in 26 states and have announced plans to begin rolling out a new auto coverage comparison site in four states. During the next three months Google will begin to offer the service in California and then later in Illinois, Pennsylvania and Texas.

Google’s brand is powerful and will certainly have an impact, but Bill Arowood of Madison Insurance Group urges consumers to consider the value of working with a local agent. “Having someone you can call at 4 pm on a Sunday afternoon, someone that’s your neighbor, your friend; you can’t get that with a big box insurance broker solution.”

Arowood states that working with a local agent is very important to insurance consumers because of the level of personal service it affords you.  Arowood says that “your local agent is usually someone you know well or will certainly come to know as a friend. That’s a value that is hard to put into dollars and cents. It’s what insurance is all about. Having peace of mind.”

Nov 21
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Celebrating a successful food drive!

By | Bill Arowood, INVO PEO | No Comments

One of our annual events at INVO PEO is to collect donations for the Second Baptist Church Clinton. We’re happy to announce that this year was one of our most successful drives yet, with enough food collected to truly make a difference in our community. Last year, more than 371 families were served each month by Second Baptist Church Clinton, and we’re truly honored to be a small part.

Mar 30
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Even Celebrities Must Provide Work Comp

By | Bill Arowood, INVO PEO, Madison insurance Group | No Comments

You may have seen the recent article in which noted comedic actress Tina Fey was fined for not carrying proper workers compensation insurance.

https://www.nydailynews.com/entertainment/gossip/tina-fey-hit-79-000-judgment-workers-comp-insurance-court-docs-article-1.1738325

Work Comp is not only required by state laws, it is also an important protection for your company. Our family of companies provides many solutions to not only meeting the legal requirements but also managing the risk associated with employees. Learn more about our Workers’ Comp solutions from INVO PEO on our website: www.invopeo.com 

Mar 02
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Georgia Recovers $1M from Drivers, Insurers for Damage to State Property

By | Bill Arowood, Uncategorized | No Comments

GDOT officials say annual damages to state property — such as signs, guardrails, bridge supports and more — can add up to more than $10 million. Deputy GDOT Commissioner Todd Long said he’s pleased with collections results he’s seen through a partnership with Claims Management Resources Inc. The company negotiates with drivers and their insurance companies.

 

Source: http://www.insurancejournal.com/news/southeast/2014/02/27/321670.htm

Nov 11
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Do Not Ignore Insurance In Your Financial Planning

By | Bill Arowood, Madison insurance Group | No Comments

In a recent USA Today article, it was stated that many are under insured when it comes to disability insurance and not enough Americans are considering life insurance as a part of their long term financial planning.

Read the article here: http://www.usatoday.com/story/money/personalfinance/2013/11/10/cnbc-americans-health-insurance/3453479/

Our agency has for a long-time had the approach that insurance is key in any person’s financial planning. This expands beyond just asset protection to include protecting income and even some products that may provide a return.

When you are conducting your annual review of financial plans, be sure to include your insurance agent. Planning for your future is more than wealth building. It is also about having a sound strategy for protecting your assets and ability to continue to build wealth.

Learn more about how Madison Insurance Group can help you.
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