Agent Headlines

Lobbying for FHA Private Flood Option

Your federal government affairs team – the Big “I” – submitted comments recently in support of a new rule proposed by the Federal Housing Administration (FHA). The rule would allow consumers the option to purchase private flood insurance instead of insurance through the National Flood Insurance Program (NFIP), when flood insurance is required by the […]

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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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IA&B Testifies in Support of COVID-19 Immunity Bill

As state lawmakers begin considering numerous pieces of legislation addressing the pandemic, IA&B this week went on record in support of Senate Bill 210, a bipartisan bill which would provide limited immunity from COVID-19 related lawsuits. Your IA&B government affairs team submitted testimony in advance of Tuesday’s bill hearing in the Judicial Proceedings Committee supporting

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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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