If you write flood through the NFIP with a Write-Your-Own (WYO) program, compare commissions with those offered through The Hartford Flood program for IA&B of Maryland members.
Are You Eligible for Higher Commissions on NFIP Business? Read More »
The Insurance Commissioner approved the Pennsylvania Compensation Rating Bureau’s April 1, 2021 loss cost filing as submitted.
Workers’ Comp Rates to Decrease Slightly Overall Read More »
The IA&B of Maryland Government Relations Committee met this week to discuss legislation that would limit credit history for insurance rating, provide civil immunity from COVID-19 claims, and more.
Industry Bills Compete with COVID for Lawmakers’ Attention Read More »
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
Lobbying for FHA Private Flood Option Read More »
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
FHA, State Lawmakers Eye Flood Insurance Read More »
Non-resident agencies and individuals have until mid-April to submit their annual certificate of compliance with the New York Cybersecurity Regulation.
NY Cybersecurity Filing Deadline Read More »
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
Member Agency Targeted by Scam Read More »
Now is the time to consider a workplace vaccination program, as COVID-19 vaccine distribution ramps up.
Can You Mandate Employee Vaccination? Read More »
The IRS is reminding employers of the new requirement to report wages paid for leave taken under the Families First Coronavirus Response Act (FFCRA) on employees’ W-2 forms. W-2s, which must be provided to employees by Jan. 31, can be corrected if they’ve already been issued. The IRS issued specific guidance on how employers are
W-2s May Need Correction Read More »
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
Report IDs State Regulators’ Strengths, Weaknesses Read More »
