Property-casualty insurers say a new law increasing auto liability rates for Maryland drivers could drive away consumers, while agents’ groups say while that may occur, the changes also will better protect clients injured in an accident.

As agent groups in Maryland await word of who will be their next insurance commissioner, they are hoping Ralph S. Tyler’s successor mirrors his open communication style.

With the impact of numerous budget cuts still being addressed and a $2 billion state budget deficit anticipated in the next fiscal year, Maryland legislators will spend more time on budget discussions than other legislative changes, including those affecting the insurance industry.

The Independent Insurance Agents of Maryland honored several professionals at their annual installation dinner, including their “Insurance Man of the Year,” Brett Lininger.

The association’s 72nd dinner was held recently at …  Read →

After nearly a year of negotiations by numerous interests, a bill clarifying insurance for condominiums in the state is ready to become law.

At press time, Gov. Martin O’Malley had not …  Read →