PA Senate Passes Personal Income Tax Reduction
The legislation would reduce the state’s personal income rate to 2.8% and eliminate the tax on electricity.
PA Senate Passes Personal Income Tax Reduction Read More »
Pennsylvania
PA Insurance Department’s Preliminary Licensing Determination Process
Prospective insurance agents with a criminal record may now determine if their background will impact their chance of licensure before taking PLE and passing the exam.
PA Insurance Department’s Preliminary Licensing Determination Process Read More »
PA FAIR Plan Growing in Hard Market
Review when, why, and how to access Pennsylvania’s home insurance market of last resort, the FAIR Plan.
PA FAIR Plan Growing in Hard Market Read More »
Primary Election: Independent Agent Wins House Seat
IA&B member and long-time independent agent Jeff Olsommer won a seat in the House of Representatives during Tuesday’s Primary Election.
Primary Election: Independent Agent Wins House Seat Read More »
PA House Passes Pet Insurance Legislation
Legislation which would, among other things, establish specific training requirements for insurance producers to be permitted to sell pet insurance is headed to the state Senate for consideration.
PA House Passes Pet Insurance Legislation Read More »
Legislation Introduced to Ban Credit-Based Insurance Scoring
IA&B is opposed to newly introduced HB 2211, which would prohibit insures from using credit-based insurance scores as a rating factor.
Legislation Introduced to Ban Credit-Based Insurance Scoring Read More »
PA Insurance Dept. Issues Notice on Insurers’ Proper Use of AI
Insurers may use artificial intelligence (AI) systems as long as certain parameters are in place to prevent violations of existing laws and regulations.
PA Insurance Dept. Issues Notice on Insurers’ Proper Use of AI Read More »
House Insurance Committee Discusses Pet Insurance, SL Broker Fees
IA&B is monitoring two insurance proposals, which the PA House Insurance Committee voted on this week.
House Insurance Committee Discusses Pet Insurance, SL Broker Fees Read More »
Workers’ Comp Experience Mod and Rate Changes
As anticipated, the PCRB will make substantive updates to its experience rating methodology beginning Monday, April 1. Additionally, new and renewal policies are subject to an overall -7.88% rate change as of the same date.
Workers’ Comp Experience Mod and Rate Changes Read More »
What Does a ‘Mutual’ or ‘Voluntary’ Termination Mean to You?
If you’re asked to “mutually” terminate your relationship with a carrier, brush up on what protections you could be giving up.
What Does a ‘Mutual’ or ‘Voluntary’ Termination Mean to You? Read More »