Despite IA&B expressing concerns to lawmakers over insurance market disruption, this legislative priority of the Maryland Trial Bar passed and will take effect Oct. 1.
Prohibition on Liability Agreements for Recreational Facilities (MD HB 162 / SB 452) Read More »
Thanks in part to IA&B members’ advocacy, this legislation – which would have repealed the current non-economic damages cap – did not move forward.
Elimination of Non-Economic Damages Cap (MD HB 83 / SB 538) Read More »
Insurers may use artificial intelligence (AI) systems as long as certain parameters are in place to prevent violations of existing laws and regulations.
MIA Issues Notice on Insurers’ Proper Use of AI Read More »
House Bill 1227 is headed to the Governor’s desk with amendments advocated for by IA&B.
Detached Condo Bill Passes in Final Hours of MD Session Read More »
Maryland Insurance Administration Bulletin 24-8 requires statutorily mandated Uninsured/Underinsured coverage to include Diminution of Value damages.
Diminution of Value Auto Claims Now Covered Under UMPD Read More »
Consumers with insurance-related issues or questions regarding losses may be triaged by Maryland Insurance Administration (MIA) disaster centers.
MIA Disaster Centers Address Key Bridge Collapse Read More »
IA&B testified against SB 538, a proposal which would increase the cap on noneconomic damages to $1.75 million, with a $20,000 annual escalator clause.
House Judiciary Committee Hears Comments on Noneconomic Damages Read More »
The Risk Management Agency (RMA) has taken swift action to address recent concerns regarding the termination of agent/agency contracts by Approved Insurance Providers.
RMA Halts Cancellations of Crop Contracts Read More »
IA&B’s advocacy led to the negotiation of an amendment that would go a long way in reducing E&O exposures for agents.
Detached Condo Bill Amended by MD House Read More »
Despite amendments, Maryland Senate Bill 538 likely would result in increased premiums and could upend the state’s tort liability environment.
IA&B Opposes Noneconomic Damages Cap Increase Read More »
