IA&B testified again this week in opposition to legislation introduced and amended at the request of the Maryland Automobile Insurance Fund (MAIF). Additionally, IA&B proposed amendments of its own to the bill.

Lawmakers pressed the Department on rising property and casualty insurance costs and the agency's funding structure.

The bill would restructure Maryland's Private Passenger Automobile Insurance Affordability Workgroup from a fact-finding body to one designed to produce predetermined outcomes.

If your agency is licensed in New York, be on the lookout for an invitation to the new Department of Financial Services system, “DFS ID.”

Review IA&B's concerns with exempting the Maryland Automobile Insurance Fund (MAIF) from state laws requiring insurance rates to not be excessive, inadequate, or unfairly discriminatory.

IA&B is seeking feedback from insurance agencies that use chatbots or other automated systems in their operations about how a legislative proposal could affect their business.