Insurance Commissioner Testifies on Department Budget
Read highlights from last week’s House Appropriations Committee meeting.
Insurance Commissioner Testifies on Department Budget Read More »
Industry News
Corporate Transparency Tax is DOA (MD update)
The U.S. Treasury has announced it will not enforce the Corporate Transparency Act (CTA) and the Beneficial Ownership Information (BOI) reporting rule.
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Corporate Transparency Tax is DOA (PA, DE update)
The U.S. Treasury has announced it will not enforce the Corporate Transparency Act (CTA) and the Beneficial Ownership Information (BOI) reporting rule.
Corporate Transparency Tax is DOA (PA, DE update) Read More »
What Can Unlicensed Staff Do? (DE 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? (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.
What Can Unlicensed Staff Do? (MD update) Read More »
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.
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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.
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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 »