Watch for Increased Surplus Lines Fees
A recent law passed by the Maryland General Assembly allows for potentially significant increases to the fees that Surplus Lines brokers may charge.
A recent law passed by the Maryland General Assembly allows for potentially significant increases to the fees that Surplus Lines brokers may charge.
The Maryland Insurance Administration (MIA) is warning the public and insurance professionals about certain fee waivers and third-party compensation arrangements between public adjusters and contractors.
Ensure your vacationing clients secure a Canadian ID card before driving across the border. Without it, a U.S. traveler stopped in Canada could face fines.
Last week’s decision, issued by the Maryland Court of Special Appeals, provides additional and welcome backing for insurers on business income loss and COVID-related business closures.
Learn why you should use a disclaimer in your communications – and access our sample language.
Prepare for now potentially stricter underwriting, as inflation skyrockets and the stock market and investment income continue to drop.
While not insurance related, they may be of interest to members.
IA&B opposed this further expansion of Maryland Auto Insurance Fund’s (MAIF) ability to compete with private insurers.
IA&B opposed legislation to make Enhanced Underinsured Motorist Coverage mandatory.
While well-intentioned, the bill would have increased auto insurance rates for young women.