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 »
Pennsylvania News
Invitation to Workers’ Compensation Symposium
The PCRB and DCRB will host insurance producers, carriers, and regulators for a Workers’ Compensation Symposium on May 1 in Philadelphia. Registration is complimentary.
Invitation to Workers’ Compensation Symposium 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 (PA, DE 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 (PA, DE update) Read More »
WC Security Fund Will Not Need Assessment
Following last year’s state budget negotiations, the Pennsylvania Insurance Department confirmed that the Workers’ Compensation Security Fund will not require carrier contributions in 2025.
WC Security Fund Will Not Need Assessment Read More »
Insurance Commissioner Testifies on Department Budget
Read highlights from last week’s House Appropriations Committee meeting.
Insurance Commissioner Testifies on Department Budget Read More »
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? (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.
What Can Unlicensed Staff Do? (PA update) 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.
Signed “Broker Agreement” with Customer NOT a New Requirement Read More »