Agent Headlines: April 2018
Summer and seasonal insurance exposures are right around the corner. Brush up on the standard HO’s and PAP’s coverage for golf carts, ATVs, motor homes, boats, pools, trampolines and more.
From mergers and acquisitions to private equity sales, the independent agency channel is facing an influx of business successions.
More than two dozen IA&B members joined over 1,000 independent agents from across the country to advocate on behalf of our industry at last week's Big “I” Legislative Conference.
Nationwide will discontinue writing through exclusive agents – with the exception of direct-to-consumer sales over the phone and online – by July 2020.
Take note of the latest federal appellate court decision, as case law continues to oscillate on coverage for faulty workmanship under the CGL.
Access the latest NFIP Flood Insurance Manual to adopt the April 1, 2018 program changes.
Inquiring minds want to know what issues you would like IA&B to address. Share your suggestions for the upcoming IA&B Board of Directors’ meeting agenda.
Mark your calendar and update your agency management system: An updated Delaware ACORD form will become effective this summer.
Review your withholding now that the new tax law is in effect. The IRS updated its withholding calculator and Form W-4.
Certain flood insurance policyholders impacted by Superstorm Sandy now have additional time to complete their Increased Cost of Compliance (ICC) claims.
Insurance carriers – and possibly producers – may see increased flexibility on medical loss ratio (MLR) restrictions with a new rule issued by the Trump administration this week.
Classes are filling quickly. Reserve a remaining seat at an upcoming William T. Hold seminar in Altoona or Wyomissing, or our E&O seminar in Exton.
Mark your calendar and update your agency management system: New and updated ACORD forms are coming to Maryland this summer.
Learn how the National Flood Insurance Program (NFIP) is poised for greater resiliency as FEMA extends its reinsurance program to capital markets.
In a new bulletin, FEMA reiterates how National Flood Insurance Program (NFIP) insurers and their agents should handle policyholders’ loss settlements.
In states that allow armed school personnel, insurers have responded with unfavorable underwriting decisions.
The Maryland Insurance Administration (MIA) proposed to remove an obscure unfair trade practices violation for agents.
We laid the groundwork last week for upcoming regulatory and legislative advocacy by building relationships with the Department of Insurance and state Senate.