Government Affairs

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.

The Big “I” has a good relationship with the new House Speaker, who has been supportive of the National Flood Insurance Program and the Federal Crop Insurance Program.

While the short-term reauthorization of the NFIP is certainly helpful, the Big “I” continues to advocate for a long-term reauthorization of the program.

The act would protect Big “I” members from criminal and civil liability and provide clarity for transactions involving legitimate cannabis-related businesses.

FEMA released a memo to Write-Your-Own companies and NFIP Direct servicing agents providing guidance on a potential lapse in NFIP authority.

Given this precarious situation, odds for a government shutdown on Oct. 1 are increasing significantly.

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.

The hearing highlighted the recent property insurance market turmoil due to the major disasters in Florida, Georgia, the Carolinas, California, Hawaii and Vermont.

The deduction, which is scheduled to expire at the end of 2025, is heavily relied upon by many Big “I” members and their clients to expand their small businesses, hire more employees, and better serve their communities.

Beyond supporting candidates that are friendly to small businesses and the independent agency system, a strong PAC ensures that agent voices are being heard throughout the halls of Congress.