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 […]
DOI Unveils 2021 Legislative Priorities Read More »
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
Forecasting Impacts of the Election Read More »
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
Insurance Issues at Play at State Capitol Read More »
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
New Condo Law Increases Unit Owner Deductible Read More »
With the National Flood Insurance Program (NFIP) facing expiration last week, President Trump signed into law legislation to extend the program for another year, through Sept. 30, 2021. This extension was part of a broader measure to keep the federal government funded through Dec. 11. Since the NFIP originally came up for renewal three years
NFIP Extended for One Year Read More »
As a reminder, a U.S. District Court in Pittsburgh last month struck down some of Gov. Wolf’s COVID-19 shutdown orders as unconstitutional, including the business closure and stay-at-home orders (which already have been suspended), as well as the 25-person indoor and 250-person outdoor gathering limitations.Gov. Wolf filed an appeal and last week was granted a
Appeals Court Grants Stay for Governor’s Shutdown Orders Read More »
Changes to Pennsylvania’s overtime eligibility standards went into effect Oct. 3 after a lengthy regulatory review process. As a reminder, the now final regulation will gradually raise the threshold to potentially qualify for overtime exempt status to $875 per week ($45,500 annually) in October 2022, with automatic adjustments to the salary threshold thereafter.Please note: Pennsylvania’s
PA Overtime Reg in Effect Read More »
