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Industry News & Updates
Send IA&B Your Roofing Contractor Story
If you or your customer has experienced unethical or outright fraudulent behavior by roof repair contractors, IA&B wants to hear from you!
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.
Weekly Maximum Corporate Officer Auditable Payroll to Increase
Auditable premium will be impacted beginning April 1, 2025 on new and renewal workers’ compensation and employers’ liability insurance policies where the executive officer is included.
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.
Save the Date for Big “I” Legislative Conference (DE update)
Delaware IA&B members met with all three federal lawmakers to discuss flood and crop insurance, the hard market, and legislation to avoid a looming tax increase.
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.
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.
Coverage for College Students
Now is the time to review your personal lines book of business and educate those insureds with college students about their exposures.
Market Share Reports
Register for the Upcoming Webinar
Interpreting P&C Insurance Trends: A Focus on Pennsylvania, Maryland, and Delaware.
Tuesday, July 23, 2024
11-11:45 AM - Presentation
11:45 AM-Noon - Q&A
Join IA&B and Insurance Analytics Consultant Paul Buse for a live webinar release and review of the latest Market Share Reports for Pennsylvania, Maryland, and Delaware.
Cost: This is a free webinar for IA&B members and partners. The registration fee for non-members is $50.
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