The Big “I” was successful in securing a full exemption for independent insurance agents and brokers from duplicative small business beneficial ownership reporting requirements.
The legislation extends government funding until Dec. 18, giving Congress time to act on federal funding through 2021 and possibly additional COVID-19 relief. The Big “I” continues to advocate for small business support.
The Coalition Organized for the Future of Insurance Regulation, of which the Big “I” is a founding member, sent a letter to the Senate seeking to prevent the elimination of the health insurance industry’s exemption from federal antitrust laws.
This week, the Big “I” joined organizations in sending two letters urging Congress to expedite action on the Paycheck Protection Program and to expand loans to cover small businesses structured as 501(c)6 organizations.
The House Subcommittee on Housing, Community Development and Insurance held a virtual hearing examining how the pandemic has impacted the insurance industry and how to insure for the future. The Big “I” submitted written testimony.
The Big “I” has secured a full exemption for independent agents and brokers from onerous requirements in the National Defense Authorization Act and will advocate that the exemption is included going forward.
The Big “I” joined a number of organizations this week in sending letters to the Trump administration and congressional leaders on the Paycheck Protection Program’s overly burdensome loan forgiveness process for small business owners.
Earlier this week, the U.S. Supreme Court heard oral arguments in a case arguing that the Affordable Care Act should be ruled unconstitutional. A decision is expected toward the end of June 2021.
During this election cycle, InsurPac disbursed close to $2 million to a total of 254 federal campaigns, winning at least 237 of them and impacting races involving independent agents.
In a win for the Big “I,” the Federal Housing Administration proposed a new rule that would allow consumers to purchase private flood insurance.
