Political Advocacy

Lobbying for FHA Private Flood Option

Your federal government affairs team – the Big “I” – submitted comments recently in support of a new rule proposed by the Federal Housing Administration (FHA). The rule would allow consumers the option to purchase private flood insurance instead of insurance through the National Flood Insurance Program (NFIP), when flood insurance is required by the

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FHA, State Lawmakers Eye Flood Insurance

The federal and state government have their eyes on the flood insurance market, and your government affairs teams are involved in these proposals, advocating on behalf of agents and their clients. Federal Update Your federal government affairs team – the Big “I” – submitted comments recently in support of a new rule proposed by the

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IA&B Testifies in Support of COVID-19 Immunity Bill

As state lawmakers begin considering numerous pieces of legislation addressing the pandemic, IA&B this week went on record in support of Senate Bill 210, a bipartisan bill which would provide limited immunity from COVID-19 related lawsuits. Your IA&B government affairs team submitted testimony in advance of Tuesday’s bill hearing in the Judicial Proceedings Committee supporting

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Gov. Wolf Vetoes COVID-19 Immunity Bill

Gov. Tom Wolf, on Monday, vetoed IA&B-supported legislation which would have provided limited immunity from COVID-19 related lawsuits. House Bill 1737 was passed by state lawmakers on Nov. 20 during the final voting day of a rare post-election legislative session, which was needed in order to pass the remainder of the current fiscal year budget.HB

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DOI Unveils 2021 Legislative Priorities

The Delaware state General Assembly convenes on Jan. 12, 2021 to begin a new two-year legislative session, though what the session will look like amid the ongoing COVID-19 pandemic remains unknown. In preparation, the Delaware Department of Insurance (DOI) this week met virtually with IA&B and other insurance industry stakeholders to outline its legislative priorities

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Forecasting Impacts of the Election

Our national affiliate, the Big “I”, late last week projected the following outcomes as a result of the Tuesday, Nov. 3 election:Republicans have made significant gains in the House and successfully defended many of their vulnerable seats in the Senate. This is different than the “blue wave” that many in the media predicted and will

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Insurance Issues at Play at State Capitol

The state House and Senate return to session on Monday, Oct. 19 for the final three scheduled voting days of the 2019-2020 legislative session (however, there is potential for a post-election, or “sine die” session). With limited time remaining, there are a number of insurance-related issues which may be considered by state lawmakers: ANTI-INDEMNIFICATION IA&B-supported

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New Condo Law Increases Unit Owner Deductible

House Bill 108/Senate Bill 175, signed into law earlier this year, amends the Maryland Condominium Act, increasing from $5,000 to $10,000 the maximum amount of a condo association’s property insurance deductible that a unit owner is responsible for when the cause of damage to the condo originates in his/her specific unit. The condo association is

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