IA&B opposed Senate Bill 816, which would have repealed certain confidentiality protections for proprietary rate-related information; and prohibited an insurer that uses territory as a factor in establishing automobile insurance rates from using more than five territories. The bill did not pass.
Defense of Territory as a Rating Factor (MD SB 816) Read More »
IA&B opposed House Bill 721, which would have required insurers to provide an identification card that indicates all named insureds or separate insurance identification cards for each named insured on the policy on request of a named insured. The bill did not pass.
Opposition to New Insurance Card Requirements (MD HB 721) Read More »
IA&B vehemently opposed House Bill 128, which establishes EUIM as a de facto mandatory coverage for auto insurance policies. Unfortunately, the bill ultimately did pass, but not without changes to dramatically limit its scope.
Opposition to Mandatory Enhanced Underinsured Motorist Coverage (MD HB 128) Read More »
IA&B supported Senate Bill 530, with certain amendments. The bill was passed with many of the changes that IA&B had supported.
Addressing Issues with the Maryland Automobile Insurance Fund (MD SB 530) Read More »
While IA&B staff, lobbyists, and volunteers work tirelessly to help advocate for your business, we could use your help.
Help AgentPAC of MD Protect Your Business Read More »
HB 128 establishes mandatory EUIM coverage in automobile policies. IA&B and the rest of the insurance industry vigorously opposed the bill.
Mandatory EUIM Passed in Final Hours of MD Legislative Session Read More »
Take note of the state’s minimum wage, which increased as of Jan. 1, 2023. In addition, Montgomery County will implement a new minimum wage this summer.
Minimum Wage Updated in Maryland Read More »
In a 10–1 vote, the Maryland Senate Finance Committee voted yesterday in favor of HB 128, with changes that would exempt renewals and sunset the law after five years.
Senate Finance Amends Mandatory EUIM Legislation Read More »
A proposal to hide future Maryland Automobile Insurance Fund (MAIF) assessments from policyholders was defeated, thanks to IA&B’s advocacy efforts.
IA&B Succeeds in Preserving MAIF Assessment Transparency Read More »
Learn why security firms expect the recent bank failure will trigger a wave of cybercrime. Then access a complimentary ransomware simulation tool to test your agency’s safeguards.
Silicon Valley Bank Collapse Triggers Phishing Attacks Read More »
