Proposed Cybersecurity Law Moves out of Committee
House Bill 2499 establishes new requirements for the insurance industry to protect itself against cybercrime.
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Industry News
Choice of Venue in Med Mal Cases is Back
In a recent decision, the Pennsylvania Supreme Court reversed a two-decade-old rule that forced plaintiffs in medical malpractice (med mal) cases to file in the county where they alleged the harm occurred.
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Complimentary Information Security Diagnostic Tool
Quickly verify the status of your computer’s operating system, firewall, hard drive encryption, and anti-malware software with a new tool developed for independent agents.
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Scrutiny for Contractors Involved in Claims
The Delaware Department of Insurance (DOI) is clarifying that contractors who attempt to get involved in the claims process cannot do so without an adjuster’s license and that carriers can exclude them from the assignment of benefit provision.
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Updated Education Requirements for Producers Who Sell Annuities
Revised training requirements for life licensees who sell annuities will become effective on Oct. 8, 2022. Schedule training to maintain your authority to recommend and sell annuities.
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The Hardening Cyber Market
Insurers continue to readjust to the evolving cyber market. Most recently, Lloyd’s of London announced new requirements for state-backed cyberattack exclusions in standalone cyber policies.
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What Does Increasingly Severe Flooding Mean for Agents?
With increased attention to dramatic flash flooding in different parts of the country, agents may want to consider highlighting flood coverage, whether through the NFIP or the private flood market.
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MIA Issues Bulletin on Surplus Lines Broker Fees
Review newly released regulatory expectations related to a new state law that increases allowable fees that may be charged by Surplus Lines brokers.
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PIA Pushes Back Against New Medicare Marketing Rules
A new federal rule would require independent agents to record all Medicare sales calls starting in October.
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Big ‘I’ Pushes Back Against New Medicare Marketing Rules
A new federal rule would require independent agents to record all Medicare sales calls starting in October.
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