Leveraging FDIC Protection for Your Agency
Current pressures on the market make now a good time to check that your agency’s premium fiduciary accounts maximize FDIC protection.
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Maryland
New Flood CE Requirements in Effect
All licensees selling Flood, Homeowners’, or Commercial Property insurance must obtain at least 2 hours of flood-related CE in each licensing renewal period. This new Maryland regulation is now in effect.
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RLI PUP Program to Phase Out Agency Bill
Learn about new business payment options that will be available as of Nov. 30, when the RLI Personal Umbrella Policy (PUP) Program discontinues agency bill.
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MIA Issues Clarifying Bulletin on Detached Condos
Review the Maryland Insurance Administration’s (MIA) interpretation of House Bill 98, which took effect earlier this week.
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MIA to Provide Guidance on Condo Changes
Producers who write condo associations and condo unit owners should watch for a regulatory or informational bulletin in advance of House Bill 98’s Oct. 1 effective date.
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MIA Revises EUIM Opt-Out Form Bulletin
The form, which includes IA&B’s suggestions, will be required for all new personal auto policies, effective July 1, 2024.
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Q2 Update Provides Insights on Market Conditions
Access the newly released 2023-Q2 Property & Casualty Marketplace Summaries. The state-specific reports allow you to anticipate market conditions and carrier response, plus have educated conversations with customers.
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IA&B Comments as MIA Prepares for Condo Changes
Several questions remain as House Bill 98 brings changes to condominium coverages on Oct. 1.
IA&B Comments as MIA Prepares for Condo Changes Read More »
New Flood CE Requirements in Maryland
Beginning next month, all licensees selling Flood, Homeowners’, or Commercial Property insurance must obtain at least 2 hours of flood-related CE in each licensing renewal period.
New Flood CE Requirements in Maryland Read More »
MutualAid eXchange Ordered into Liquidation
If you write with Kansas-domiciled carrier MutualAid eXchange, immediately review your current book of business. The District Court of Shawnee County, KS ordered liquidation of the company.
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