On the Hill

Now awaiting action in the U.S. House, the bill addresses the current system that allows outside investors, including foreign governments, to secretly finance lawsuits for profit.

The continuing resolution (CR) funds the federal government through Jan. 30, 2026, and includes a retroactive reauthorization of the National Flood Insurance Program (NFIP) for the period that the program lapsed.

As of Oct. 27, more than 2,300 agents and brokers nationwide have invested in InsurPac, the Big “I” political action committee (PAC), helping to surpass the $1 million mark toward its $1.3 million goal for the 2025 calendar year.

The “Fix Our Forests Act of 2025,” which will improve forest management, reduce wildfire risk and protect critical infrastructure, was passed out of a U.S. Senate committee.

In response to providers significantly reducing or eliminating agent compensation, the Big “I” voiced its concerns in joint letters to Congress and to the Centers for Medicare and Medicaid Services.

Both political sides seem to be digging in, with the U.S. Senate unable to advance a “clean” continuing resolution (CR).

A partial federal government shutdown began on Oct. 1, resulting in a lapse of National Flood Insurance Program (NFIP) authority.

As of press time, Congress has yet to pass government funding legislation to keep the federal government open beyond Tuesday, Sept 30. The National Flood Insurance Program (NFIP) is currently scheduled to expire on the same date.

The Big “I” urges Congress to act well in advance of the 2027 deadline and reauthorize a long-term, clean extension of this important program.

The bipartisan bill directs the Health and Human Services (HHS) Secretary to update regulations for independent agents, brokers and third-party marketing organizations (TPMOs) under Medicare Parts C and D.