Government Affairs

In anticipation of President Trump’s budget outline, the Big “I,” along with the D.C Agriculture Coalition, sent letters to top decision-makers in Washington, D.C.

As the NFIP’s Sept. 30 expiration date looms, Congress is beginning to focus more on the program’s reauthorization and reform.

To protect the Federal Crop Insurance Program, the Big “I” sent a letter urging Congress to reject calls for additional cuts within the jurisdiction of the U.S. Senate and House agriculture committees.

As required by the Homeowners Flood Insurance Affordability Act of 2014, starting this month, FEMA will send each NFIP policyholder a letter outlining their known flood risk and how it relates to their premium.

The briefing focused on why flood is different than other perils, where the private flood insurance market currently stands, how the NFIP operates and more.

Shortly after President Trump’s inauguration, the White House released a memo asking all executive agencies to freeze pending regulations so the new Administration has time to review them. President Trump also signed an executive order to roll back parts

FEMA announced that it sustained a $4 billion loss last year—making 2016 one of the most expensive years in the program’s history.

As a Republican President takes office on Jan. 20 and Republicans control both chambers of Congress, lawmakers are eager to put their party’s stamp on many important pieces of legislation this year.

From the failure of Google Compare to the launch of Lemonade, 2016 brought big news for independent insurance agents.

Republican leadership in the U.S. House of Representatives Financial Services Committee took the first step in addressing reauthorization of the NFIP, which is set to expire on Sept. 30, 2017.