Notices required under the Patient Protection and Affordable Care Act of March 23, 2010

Notices required under the Patient Protection and Affordable Care Act of March 23, 2010 (PPACA) and the required ERISA Notices. In disclosing these documents to your employees, the Department of Labor has set forth certain regulations regarding these disclosures. Disclosure rules are summarized in the attached “Distributing Your Notices” document. IMPORTANT PATIENT PROTECTION AND AFFORDABLE […]

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Condominium and HOA rate increases for 2024

We are asked to provide budget increases for 2024 on the insurance for condominiums and homeowners associations (HOA).   Below are samples of increases in property value and rates for 2024. Sample Condo increases reflect 15%, 31%, 20%, 20%, 15%, 11%, 13%,14% and 22%. Sample HOA increases reflect 15%, 14%, 11%, 54%, 01%, 53%, 7%, 14%, […]

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Maryland Uninsured Motorist Penalties and fees effective 7-1-24

Updated 6-12-24.   New laws were passed by the Maryland Legislature during the recent session that will affect Maryland drivers. These changes are scheduled to take effect on July 1, 2024. Virginia will require all vehicles registered in the state to have auto insurance.  Approximately 34,000 Maryland residents currently register their vehicles in Virginia and some […]

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Frederick, Maryland Joseph Baker Memorial

Families will find plenty of attractions in Frederick.  Baker Park offers playgrounds, walking trails and recreational facilities.  The Joseph Dill Baker Memorial Carillon was constructed as a memorial to “Frederick’s First Citizen,” Joseph Dill Baker.  The instrument and tower offer weekly carillon recitals on Sunday from March through December. Nature lovers can also enjoy outdoor […]

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Visit Frederick, Maryland – Murals and Art

While in downtown Frederick, be sure to check out the murals and street art.  Explore the alleyways and side streets to discover hidden gems and vibrant artwork. Be sure to check out “The Edge of Gravity Mural,” “Splash of Color Mural at South & Market,” “Community Bridge Mural,” “Earthbound Mural,” and many others. Throughout the […]

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Visit Frederick, Maryland The City of Clustered Spires

Do not miss the opportunity to view the beauty of the old churches in downtown Frederick – known as the “City of Clustered Spires.”   This is a group of historic church steeples from Evangelical Lutheran Church, All Saint’s Episcopal Church, St. John the Evangelist Roman Catholic Church, Trinity Chapel, and more. Cultural attractions include the […]

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Visit Frederick’s Battlefields and Carroll Creek Park

Be sure also to visit the Monocacy National Battlefield, where the Battle of Monocacy Junction took place in 1864 (often referred to as “The Battle that Saved Washington, D.C.”)   These sites provide educational and outdoor exploration. Frederick’s charming downtown can be enjoyed on foot to take in the 18th and 19th century architecture.  Historic walking […]

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Visit Historic Frederick, Maryland – and Francis Scott Key Monument

People refer to Frederick as historic, charming, vibrant, and the heart and soul of a city brimming with culture. I think Frederick, Maryland captures all of these qualities.  It offers a history of events of national importance.  Whether taking in the sites on foot or venturing out to Frederick County, Frederick offers plenty of reasons […]

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State of the Property Insurance Market for 2024

As we look back at 2023, we saw double digit premium increases, higher deductibles and coverage restrictions.  Will 2024 be more favorable?  Predictions reflect that we may not see any rate relief until 2025.  Factors that have influenced the property insurance market include years of inflation, severe weather and litigation claims that continue to hit […]

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Maryland Insurance Administration Bulletin 23-15 regarding residential detached condominiums

BEWARE of the recent HB98 – There are still no concrete answers to the proper coverage! Background Currently, §11-114 of the Maryland Condominium Act requires that condo associations obtain insurance on the entire condominium, including the units less improvements and betterments installed by a unit owner. Starting Oct. 1, 2023, HB 98 provides an exception […]

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