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.
Government Affairs
InsurPac Tops $1.3 Million in Record Fundraising Year
InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country, raised $1,318,024 during the 2023 calendar year.
New York Governor Vetoes Noncompete Agreement Ban
The legislation would have banned the use of noncompete agreements and potentially other forms of employment contracts in the Empire State.
AN Radio: 100 Days at the Helm with Charles Symington, President & CEO of the Big ‘I’
Will Jones, editor-in-chief, Independent Agent magazine, is joined by Charles Symington, the new president & CEO of the Big “I.”
Corporate Transparency Act to Cost Small Businesses $23 Billion
The Big “I” was successful in securing an exemption for independent agents from the act by showing that insurance producers already provide this beneficial ownership information to state regulators.
‘Lower Costs, More Transparency Act’ Passes the House
The act aims to enhance price transparency within the healthcare system, fostering informed decision making for patients and employers.
InsurPac: That’s a Wrap
The 2023 deadline to contribute to InsurPac is Dec. 31 at midnight.
The Hill Newspaper Names Big ‘I’ President & CEO Among Top Lobbyists
Charles Symington, Big “I” president & CEO, has been recognized for his success on Capitol Hill in 2023.
Big ‘I’ Secures Corporate Transparency Act Exemption for Insurance Agents
Without this exemption, the act would have required agencies with fewer than 20 employees to file new reports on their beneficial ownership.
Congress Passes Short-Term Government Funding Bill
A short-term reauthorization of the National Flood Insurance Program through to Feb. 2, 2024, was included. The legislation also included an extension of the current Farm Bill through to Sept. 30, 2024.
