What Can Unlicensed Staff Do? (MD update)
This is a frequent question to IA&B. Review the guidance on how to assign your agency’s workload based on what unlicensed employees are permitted to do.
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What Can Unlicensed Staff Do? (PA update)
This is a frequent question to IA&B. And as some remote employees change their resident state to comply with the recently adopted Producer Regulation, they cannot act as a licensed producer until the change is effected.
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DOI Publishes New Workplace Safety Program Webpage
In an effort to promote the Workplace Safety Program, the Delaware Department of Insurance (DOI) congregated relevant guidance and documents for businesses online.
DOI Publishes New Workplace Safety Program Webpage Read More »
Senate Finance Holds Hearings on Insurance-Related Bills
The Maryland Senate Finance Committee reviewed proposals that would impact MAIF premium discounts, telematics in underwriting, and limits on third-party litigation financing.
Senate Finance Holds Hearings on Insurance-Related Bills Read More »
Signed “Broker Agreement” with Customer NOT a New Requirement
When you place business with a carrier that has not appointed you (e.g. with SWIF, or through a Surplus Lines broker or a wholesaler), do you always ask your customer to sign a broker agreement with you? If not, you could be exposed to a $5,000 violation … per missing agreement.
Signed “Broker Agreement” with Customer NOT a New Requirement Read More »
MD Study: $59 Million in Lost Premium from Workplace Misclassification
Review a synopsis of annual report findings and policy change suggestions from the Maryland Joint Task Force on Workplace Fraud, which audited 1,783 businesses throughout the state.
MD Study: $59 Million in Lost Premium from Workplace Misclassification Read More »
Online Auto Insurance Verification Bill Introduced
IA&B is supportive of the bill, which could help to crack down on uninsured drivers, among other benefits.
Online Auto Insurance Verification Bill Introduced Read More »
Catalyit Report: Agency Tech Use, Impacts on Value
What technology are agencies investing in? Where are they struggling? Review Catalyit’s 2024 State of Tech survey results, and download the full report — available with your complimentary Catalyit subscription.
Catalyit Report: Agency Tech Use, Impacts on Value Read More »
What Does a ‘Mutual’ or ‘Voluntary’ Termination Mean to You?
If you’re asked to “mutually” terminate your relationship with a carrier, brush up on what protections you could be giving up.
What Does a ‘Mutual’ or ‘Voluntary’ Termination Mean to You? Read More »
Are You Being Solicited About PIDSA Compliance?
Vendors are contacting some agencies about the Pennsylvania Insurance Data Security Act (PIDSA). Review IA&B’s summary of the law and tools to help you with compliance.
Are You Being Solicited About PIDSA Compliance? Read More »