NFIP to Introduce Payment Plan
National Flood Insurance Program (NFIP) policyholders soon will have the option to pay their flood insurance premium monthly, rather than annually.
NFIP to Introduce Payment Plan Read More »
Maryland News
ACORD 133 Update
A revised ACORD 133 — Workers Compensation Insurance Plan Assigned Risk Section — is available for use beginning this month.
Court Decision Imparts Lessons on Policy Exclusions, Language
The Delaware Superior Court recently issued a coverage decision that, among other things, highlights the need for agents and brokers to be aware of their customers’ activities and whether a carrier’s policy language is compatible with them.
Court Decision Imparts Lessons on Policy Exclusions, Language Read More »
In PA, Broker Agreement Must Be Signed by CUSTOMER if Producer Not Appointed (MD, DE update)
Hold a non-resident license in Pennsylvania? Review the scenarios when a producer must obtain a customer’s signed consent prior to placing business with a non-appointed company or, in rare circumstances, with a carrier’s in-house agency.
FEMA Unveils New Flood Insurance Direct-to-Consumer Quoting Tool (MD update)
Consumers may now use an NFIP online quoting tool; however, they still must contact an independent agent to purchase a policy.
FEMA Unveils New Flood Insurance Direct-to-Consumer Quoting Tool (MD update) Read More »
DOL’s 2024 Overtime Rule Invalidated
A federal judge last week struck down the U.S. Department of Labor’s (DOL) Overtime Rule. How will this affect your agency?
DOL’s 2024 Overtime Rule Invalidated Read More »
IA&B Meets with New Insurance Commissioner Marie Grant
IA&B addressed several hot-button issues, including storm chasers, the non-economic damages cap, and MAIF’s rate inadequacy.
IA&B Meets with New Insurance Commissioner Marie Grant Read More »
Verify Your Address with PA Insurance Department
If you hold a license (resident or non-resident, individual or agency) in Pennsylvania, ensure your current address and email address are on file with state regulators.
Verify Your Address with PA Insurance Department Read More »
MIA Holds Hearing on Coastal Mobile Home Coverage
Agents were among those who weighed in on the availability of insurance coverage for mobile/manufactured homes in Worcester County and other coastal communities.
MIA Holds Hearing on Coastal Mobile Home Coverage Read More »
Third-Party Litigation Funding Bill Introduced (MD update)
Learn about newly introduced federal legislation that would address certain legal system abuses that add considerable costs to the insurance system, in turn impacting premiums.
Third-Party Litigation Funding Bill Introduced (MD update) Read More »