Lawmakers Address MAIF’s Chronic Unprofitability
IA&B successfully supported legislation to address MAIF’s longstanding rate inadequacy and unprofitability.
Lawmakers Address MAIF’s Chronic Unprofitability Read More »
Maryland News
Insurance Rating Factors Face Scrutiny
IA&B successfully opposed several bills focused on rating factors, including one that would have allowed MAIF to use income in underwriting.
Insurance Rating Factors Face Scrutiny Read More »
MD Budget Includes Controversial 3% IT Sales Tax
IA&B testified in opposition to applying sales taxes to services, which state lawmakers have sought for many years and this year succeeded to pass in a limited scope.
MD Budget Includes Controversial 3% IT Sales Tax Read More »
ACORD 125, 126 Revisions
A revised Commercial Insurance Application and Commercial General Liability Section are now available for use.
ACORD 125, 126 Revisions Read More »
PA Dept. of State Alerts to Annual Report Requirement
Watch your mailbox. The Pennsylvania Department of State is sending postcards to resident and non-resident entities, alerting them to an Annual Report filing requirement that begins this year.
PA Dept. of State Alerts to Annual Report Requirement Read More »
MD Senate Passes Budget as Sine Die Fast Approaches
Review the controversial tax component included in the Maryland Senate budget bill, plus additional proposals that could impact the insurance industry.
MD Senate Passes Budget as Sine Die Fast Approaches Read More »
NFIP Installment Payment Plan Delayed
National Flood Insurance Program (NFIP) policyholders will have the option to pay their flood insurance premium monthly, rather than annually, beginning in 2026.
NFIP Installment Payment Plan Delayed Read More »
New PA Department of State Annual Report Requirement
Resident and non-resident entities must file an annual report with the Pennsylvania Department of State beginning this year.
New PA Department of State Annual Report Requirement Read More »
NY Cybersecurity Filing Deadline
Non-resident agencies and individuals have until mid-April to submit their annual certificate of compliance with the New York Cybersecurity Regulation.
NY Cybersecurity Filing Deadline Read More »
NFIP Extended Until Sept. 30 (MD update)
The continuing resolution passed by Congress included an extension of the National Flood Insurance Program (NFIP), the 33rd short-term extension since 2017.
NFIP Extended Until Sept. 30 (MD update) Read More »