Big ‘I’ Applauds Reintroduction of Business of Insurance Regulatory Reform Act
The act would prevent the Consumer Financial Protection Bureau from pursuing enforcement against any person regulated by a state insurance regulator.
Insurance Regulation
Big ‘I’ Submits Congressional Testimony on Hard Market
The Big “I” advocated for efforts to address the current property insurance crisis and its impact on consumers at a U.S. House of Representatives hearing.
AM Best: Downgrades Outnumber Upgrades in 2023
AM Best downgraded 32 property & casualty companies’ credit ratings in the first half of 2023, including 21 personal lines insurers.
SAFER Banking Act Set to Roll to the Senate Floor
The act would protect Big “I” members from criminal and civil liability and provide clarity for transactions involving legitimate cannabis-related businesses.
Third-Party Litigation Funding Scrutinized in House Oversight Committee
The hearing investigated how outside capital is funding litigation against companies and agencies to achieve policy goals and examined the lack of oversight in this area.
AN Radio: Raising the Bar for InsurPac with Tonya Thomason
Tonya Thomason, president of David A. Crotts & Associates, shares some of the secrets to how she helped the Independent Insurance Agents & Brokers of South Carolina win the InsurPac “Triple Crown” three years in a row.
No Federal Oversight of Premium Financing, Thanks to Big ‘I’
The Consumer Financial Protection Bureau was considering the adoption of burdensome mandates that would have disrupted premium finance transactions.
Data Privacy Considered in Congress: What You Should Know
Two top House committees considered legislation that would impact how agents and brokers conform with national data privacy laws and standards.
Big ‘I’ Urges Congress to Maintain State Implementation of Federal Privacy Standards
The House Financial Services Committee has released draft legislation to amend and bolster the privacy requirements created by the Gramm-Leach-Bliley Act.
Why Compliance Holds the Key to Increasing Profits
While compliance has often been considered a costly and tedious—but necessary—issue, it can offer valuable opportunities to increase profitability.
