‘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.
Government Affairs
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.
Big ‘I’ Agent Leader Appointed FIPNC Chair
Joe Rossi, CEO and president of Joe Flood Insurance Brokerage, was appointed chair of the Flood Insurance Producers National Committee, where he will represent the Big “I” and other producer groups.
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.
U.S. House Elects New Speaker
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.
Government Shutdown, NFIP Lapse Averted Until Nov. 17
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.
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.
