Pennsylvania News

FHA, State Lawmakers Eye Flood Insurance

The federal and state government have their eyes on the flood insurance market, and your government affairs teams are involved in these proposals, advocating on behalf of agents and their clients. Federal Update Your federal government affairs team – the Big “I” – submitted comments recently in support of a new rule proposed by the […]

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Member Agency Targeted by Scam

A scam targeting Pennsylvania businesses has reappeared, after first catching the Department of State’s attention in June 2015. Just last week an IA&B member agency received a solicitation from the “Pennsylvania Council for Corporations” – a fictitious organization requesting targeted companies to file information and send a payment of $150. If your agency receives communication

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Report IDs State Regulators’ Strengths, Weaknesses

Pennsylvania, Maryland, and Delaware all held steady grades from 2019 to 2020 in the R Street Institute’s Insurance Regulation Report Card. The annual report looks at restrictions on consumers and insurers, as well as “how effectively are states discharging their duties to monitor insurer solvency and foster competitive, private insurance markets?” Pennsylvania maintained a B

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New York to Go Paperless for Disability Policies

Licensees conducting business in New York should expect to receive notification directly from the New York State Insurance Fund (NYSIF) that, effective Feb. 28, 2021, it plans to discontinue its practice of mailing paper copies of New York State Disability Benefits Law (DBL) insurance policies and bills to insurance agents/brokers. It is IA&B’s understanding that

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Gov. Wolf Vetoes COVID-19 Immunity Bill

Gov. Tom Wolf, on Monday, vetoed IA&B-supported legislation which would have provided limited immunity from COVID-19 related lawsuits. House Bill 1737 was passed by state lawmakers on Nov. 20 during the final voting day of a rare post-election legislative session, which was needed in order to pass the remainder of the current fiscal year budget.HB

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Review Latest HR Updates

Take note of recent HR-related news, stemming from governmental mandates and case law. The following are documented as bulletins in our online HR resources. Federal Bulletins FED #109 – Remote I-9 Form Verification ExtensionFED #110 – IRS Extends Form 1095 Distribution Deadline to March 2FED #111 – 2021 Wage Cap Rises Modestly for Social Security

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