Private Flood on the Rise
As the total flood market grows, the percentage written by private insurers (as opposed to the NFIP) is increasing even more rapidly.
Private Flood on the Rise Read More »
Maryland
DOI Clarifies Bulletin Regarding Communication of Rate Increases
Review what IA&B learned during a recent conversation with Commissioner Navarro about Universally Applicable Bulletin No. 1 and the context in which it was reissued.
DOI Clarifies Bulletin Regarding Communication of Rate Increases Read More »
MIA Approves EUIM Opt-Out Form
The form, which includes IA&B’s suggestions, will be required for all new personal auto policies, effective July 1, 2024.
MIA Approves EUIM Opt-Out Form Read More »
Kemper to Discontinue 24,000+ Policies in PA, MD
Review details of the underwriting companies and policies that will be impacted by Kemper Corporation’s impending exit from the preferred home and auto market.
Kemper to Discontinue 24,000+ Policies in PA, MD Read More »
MutualAid eXchange Placed into Rehab
Kansas-domiciled MutualAid eXchange, which may have Pennsylvania and Maryland insureds, was ordered into rehabilitation. Affected producers may have received an Aug. 10 email notification from the carrier.
MutualAid eXchange Placed into Rehab Read More »
U.S. Senate Reintroduces Cannabis Protection Bill for Agents
Federal legislation that would protect insurance agents and carriers from the possibility of federal prosecution for providing insurance to legal, cannabis-related entities is once again under consideration.
U.S. Senate Reintroduces Cannabis Protection Bill for Agents Read More »
New Flood CE Requirements in Maryland
Beginning in October, all licensees selling Flood, Homeowners’, or Commercial Property insurance must obtain at least 2 hours of flood-related CE.
New Flood CE Requirements in Maryland Read More »
NFIP Renewal Policy Change
NFIP renewal policies soon will require National Producer Numbers (NPNs). Watch for WYO carriers’ communication in the weeks ahead.
NFIP Renewal Policy Change Read More »
MD Salary Threshold Under Ban on Non-Competes
Effective Oct. 1, 2023, the salary threshold under Maryland’s ban on noncompete agreements will increase, providing greater protections for low-wage workers.
MD Salary Threshold Under Ban on Non-Competes Read More »
Non-Competes vs. Non-Piracy
Protect your agency by understanding the fundamental differences between a non-compete and a non-piracy provision and by addressing inappropriate language that likely will not hold up in court.
Non-Competes vs. Non-Piracy Read More »