Bipartisan Bill Incentivizes Disaster Mitigation
The “Disaster Mitigation and Tax Parity Act of 2025,” reintroduced in the U.S. Senate, aims to exempt qualified catastrophe mitigation payments from being considered taxable income.
Government Affairs
House Takes Action to Address Wildfires and Study Insurance Market
As legislation to reduce wildfire risk moves through the U.S. House of Representatives, the Big “I” has created a Q&A to address questions about the California wildfires and their impact on the overall insurance market.
From Polls to Policy: Understanding the Post-Election Legislative Agenda
Molly Abboud, Big “I” director of political affairs, hosts a discussion with Charles Symington, Big “I” president & CEO, and Nathan Riedel, Big “I” senior vice president of federal government affairs to discuss the 2024 election results and how they will impact the Big “I” legislative agenda.
Legislation to Eliminate FIO Introduced in House
The Big “I” endorsed the act, which affirms the state regulatory system and abolishes the Federal Insurance Office (FIO).
InsurPac Closes the Books on 118th Congress
InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country, raised $1,291,724 during the 2024 calendar year.
Rep. French Hill to Chair House Financial Services Committee
The Big “I” and the Independent Insurance Agents of Arkansas have a strong relationship with Rep. Hill (R-Arkansas).
NFIP Lapse Possible as Congress Considers Funding Legislation
As of press time, Congress has yet to pass government funding legislation to keep the federal government open beyond Friday, Dec. 20. The National Flood Insurance Program (NFIP) is currently scheduled to expire on the same date.
Big ‘I’ President & CEO Selected as a Top Lobbyist by The Hill Newspaper
Charles Symington, Big “I” president & CEO, was named among the top trade association lobbyists in the nation’s capital this year.
InsurPac Impacts the 2024 Election
With a 96% success rate and $2.5 million disbursed to 278 federal campaigns, InsurPac continues its mission to amplify the voices of independent agents by supporting candidates who champion the insurance industry.
How Independent Insurance Agency Values Will Respond to the Election
Like elections in the past, this one will not impact agency values—but fiscal policy could impact the portion owners take home.
