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Industry News

May 16, 2018
12:25 PM

Get up to speed on new requirements and forms stemming from legislation that creates an “enhanced” underinsured motorist coverage option.

May 15, 2018
3:45 PM

Help your customers recognize and report suspicious, insurance-related phone calls. Insurance Commissioner Altman is warning of a scam, in which the caller poses as an Insurance Department employee.

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May 9, 2018
3:40 PM

There’s some volatility in the interpretation of exempt and non-exempt status under the Fair Labor Standards Act (FLSA), thanks to the Supreme Court’s recent ruling in favor of employers in a case involving car dealerships.

May 9, 2018
3:05 PM

As some health insurers propose 90+% rate hikes for individual plans, the Maryland Insurance Administration is optimistic that recently passed legislation will alleviate the severe increases.

May 9, 2018
10:30 AM

We’re poised to work with the Department of Insurance administration, which now includes a new deputy insurance commissioner who replaces Mitch Crane.

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May 3, 2018
9:45 AM

Facing thousands of consumer complaints on the subject annually, the Pennsylvania Insurance Department is asking for producers to help educate consumers on the state’s auto insurance notification requirements.

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May 2, 2018
3:05 PM

The Department of Insurance this week issued a bulletin to clarify implementation of the state’s recently increased minimum auto liability limits.

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May 2, 2018
1:05 PM

In the fall a new wage-credit chart will apply to policies subject to the Pennsylvania Construction Classification Premium Adjustment Program.

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May 2, 2018
12:50 PM

Beginning next fall, producers can provide gifts of up to $50 – as long as the receipt of the item is not contingent on the sale or purchase of insurance.

May 2, 2018
12:45 PM
Legislation in the hands of the governor allows for gifts of up to $100 for customers and prospects.
May 2, 2018
12:10 PM

Over one-third of all homeowners’ insurance liability claims result from dog bites. But can insurance companies exclude certain dogs from policies based on breed rather than biting history? 

May 2, 2018
11:55 AM

Over one-third of all homeowners’ insurance liability claims result from dog bites. But can insurance companies exclude certain dogs from policies based on breed rather than biting history? 

May 2, 2018
11:45 AM

With dog-bite claims on the rise, learn what insurance companies can do in light of recently enacted state legislation and case law.

April 25, 2018
11:25 AM
Residual market rates will drop mid-year thanks to the Tax Cuts and Jobs Act of 2017. The Residual Market Plan and U.S. Longshore and Harbor Workers Residual Market Plan are impacted.
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April 17, 2018
11:45 AM

Nationwide will discontinue writing through exclusive agents – with the exception of direct-to-consumer sales over the phone and online – by July 2020.

April 17, 2018
11:35 AM

Take note of the latest federal appellate court decision, as case law continues to oscillate on coverage for faulty workmanship under the CGL.

April 16, 2018
4:20 PM

Access the latest NFIP Flood Insurance Manual to adopt the April 1, 2018 program changes.

April 16, 2018
3:35 PM

Mark your calendar and update your agency management system: An updated Delaware ACORD form will become effective this summer.

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April 11, 2018
3:10 PM

Review your withholding now that the new tax law is in effect. The IRS updated its withholding calculator and Form W-4.

April 11, 2018
2:25 PM

Certain flood insurance policyholders impacted by Superstorm Sandy now have additional time to complete their Increased Cost of Compliance (ICC) claims.

April 11, 2018
12:10 PM

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.

April 11, 2018
11:15 AM

Mark your calendar and update your agency management system: New and updated ACORD forms are coming to Maryland this summer.

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April 11, 2018
10:55 AM

Learn how the National Flood Insurance Program (NFIP) is poised for greater resiliency as FEMA extends its reinsurance program to capital markets.

April 4, 2018
2:20 PM

In a new bulletin, FEMA reiterates how National Flood Insurance Program (NFIP) insurers and their agents should handle policyholders’ loss settlements.

April 4, 2018
1:55 PM

In states that allow armed school personnel, insurers have responded with unfavorable underwriting decisions.

April 4, 2018
1:50 PM

The Maryland Insurance Administration (MIA) proposed to remove an obscure unfair trade practices violation for agents.

April 4, 2018
12:50 PM

We laid the groundwork last week for upcoming regulatory and legislative advocacy by building relationships with the Department of Insurance and state Senate.

March 27, 2018
10:25 AM

Producers impacted by the fiduciary rule received a reprieve thanks to a recent federal appeals court ruling.

March 27, 2018
10:05 AM
Access Insurance Company policyholders have two weeks to find new insurance with a different company.
March 27, 2018
9:45 AM

Congress just bought itself four more months to address the future of the debt-ridden National Flood Insurance Program (NFIP). Meanwhile, FEMA announced the next round of program changes.