Author name: David Brener

Updates on New State-Based Health Insurance Exchange

With the open enrollment period fast approaching, the Pennsylvania Insurance Department last week announced the approved 2021 individual and small group ACA rates, highlighting a decrease in the individual market they attribute to the new state-based exchange and reinsurance program. In a recent press release, Insurance Commissioner Jessica Altman noted that all insurers currently offering […]

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COVID-19 Liability Waivers

As businesses, including independent insurance agencies, bring staff back into their offices, the concept of asking employees to sign a COVID-19 liability waiver is becoming more common. What is a Liability Waiver? When we conjure up the concept of a liability waiver, we typically think of a pre-event liability waiver. This is an agreement between

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Insurance Issues at Play at State Capitol

The state House and Senate return to session on Monday, Oct. 19 for the final three scheduled voting days of the 2019-2020 legislative session (however, there is potential for a post-election, or “sine die” session). With limited time remaining, there are a number of insurance-related issues which may be considered by state lawmakers: ANTI-INDEMNIFICATION IA&B-supported

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Human Resources News, Guidance

Stay informed of the changing human resources landscape – and the case law, legislation, and regulations that alter it – by reviewing our HR Bulletins, a running tab of state and federal updates. Read more about these recent updates by visiting our HR Bulletin webpage and scrolling to the appropriate number. FED #24 – Joint

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New Condo Law Increases Unit Owner Deductible

House Bill 108/Senate Bill 175, signed into law earlier this year, amends the Maryland Condominium Act, increasing from $5,000 to $10,000 the maximum amount of a condo association’s property insurance deductible that a unit owner is responsible for when the cause of damage to the condo originates in his/her specific unit. The condo association is

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PA Workers’ Comp Updates

The Insurance Department recently approved five Pennsylvania Compensation Rating Bureau (PCRB) filings, all of which carry April 1, 2021 effective dates. The following PCRB Circulars detail the changes: Circular No. 1747 Basic Manual Housekeeping Revisions to Section 2 Circular No. 1748 (includes revised level for the State Average Weekly Wage) Revisions to Designated Auditable Payrolls

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Workers’ Comp F-Classification Rate Filing

If you write workers’ compensation for Delaware F-Classifications, begin using the Pending Rate Change Endorsement for policies issued with effective dates on and after Dec. 1, 2020.The Delaware Compensation Rating Bureau submitted Filing No. 2008 that proposes an overall increase in collectible rate level of 6.53 percent in residual market rates and an overall increase

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Upcoming NFIP Changes

If you write through the National Flood Insurance Program (NFIP), take note of the forthcoming program changes, including: EFFECTIVE APRIL 1, 2021 Updated premium rates Updated Community Rating System EFFECTIVE JAN 1, 2022 Updated base premiums for Preferred Risk Policies and policies rated under the Newly Mapped Procedure Updated premium multiplier tables for policies rated

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DE Insurance Data Security Act Reminder

The Delaware Department of Insurance (DOI) updated Universally Applicable Bulletin No. 5, which outlines the Delaware Insurance Data Security Act requirements. The updates include: A change to the DOI’s email address (now doidatasecurity@delaware.gov), where notices of a data breach are sent The addition of a requirement to for insurers to submit an annual certification of

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