Watch for Increased Surplus Lines Fees
A recent law passed by the Maryland General Assembly allows for potentially significant increases to the fees that Surplus Lines brokers may charge.
Maryland
MIA Cautions Against Questionable Public Adjuster Practices
The Maryland Insurance Administration (MIA) is warning the public and insurance professionals about certain fee waivers and third-party compensation arrangements between public adjusters and contractors.
Canadian ID Card Requirement
Ensure your vacationing clients secure a Canadian ID card before driving across the border. Without it, a U.S. traveler stopped in Canada could face fines.
Maryland Court Confirms No Business Income for COVID Closure
Last week’s decision, issued by the Maryland Court of Special Appeals, provides additional and welcome backing for insurers on business income loss and COVID-related business closures.
Maryland Expands Definition of “Harassment” and “Sexual Harassment”
Beginning Oct. 1, 2022, Maryland will expand what constitutes unlawful harassment by removing the requirement that the conduct be “severe or pervasive” in certain situations.
Maryland’s Time To Care Act
The Maryland legislature this month passed the Time to Care Act – a paid family and medical leave insurance program, which impacts all employers with employees in the state.
Maryland Legislature Passes FMLA, Climate Bills
While not insurance related, they may be of interest to members.
MAIF Installment Payment Plan Bill Passes
IA&B opposed this further expansion of Maryland Auto Insurance Fund’s (MAIF) ability to compete with private insurers.
Bill to Make EUIM Mandatory Fails in Senate
IA&B opposed legislation to make Enhanced Underinsured Motorist Coverage mandatory.
IA&B Opposes Bill Banning Use of Gender as Rating Factor
While well-intentioned, the bill would have increased auto insurance rates for young women.