IA&B Comments as MIA Prepares for Condo Changes
Several questions remain as House Bill 98 brings changes to condominium coverages on Oct. 1.
Political Advocacy
Sen. Gebhard Releases New Stacking Bill
Senate Bill 901 would eliminate stacking for all motor vehicle policies in Pennsylvania.
New Flood CE Requirements in Maryland
Beginning next month, all licensees selling Flood, Homeowners’, or Commercial Property insurance must obtain at least 2 hours of flood-related CE in each licensing renewal period.
DOI Clarifies Bulletin Regarding Communication of Rate Increases
Review what IA&B learned during a recent conversation with Commissioner Navarro about Universally Applicable Bulletin No. 1 and the context in which it was reissued.
MIA Approves EUIM Opt-Out Form
The form, which includes IA&B’s suggestions, will be required for all new personal auto policies, effective July 1, 2024.
NFIP Once Again Risks Lapse
As the Sept. 30 expiration date approaches, agents are encouraged to contact their Congressional representatives.
DOI Reissues Bulletin on Communicating Rate Increases to Consumers
The Delaware Department of Insurance doubled down this week, reissuing a bulletin addressing industry communication to consumers that blames the Department for premium rate increases.
U.S. Senate Reintroduces Cannabis Protection Bill for Agents
Federal legislation that would protect insurance agents and carriers from the possibility of federal prosecution for providing insurance to legal, cannabis-related entities is once again under consideration.
New Flood CE Requirements in Maryland
Beginning in October, all licensees selling Flood, Homeowners’, or Commercial Property insurance must obtain at least 2 hours of flood-related CE.
Notice Issued Regarding Communication of Reasons for Premium Increases
IA&B is looking into what prompted the issuance of Wednesday’s notice to producers by the NAIC on behalf of the Delaware Department of Insurance.