On the Hill

Government Shutdown Averted, NFIP Reauthorized

This week, the U.S. House of Representatives and Senate passed H.R. 9747, the Continuing Appropriations and Extensions Act, which will fund the federal government and extend the National Flood Insurance Program (NFIP) through Dec. 20. 

Big ‘I’ Participates in 199A Roundtable Discussion

The deduction, which is scheduled to expire at the end of 2025, is heavily relied upon by many Big “I” members and their clients to expand their small businesses, hire more employees, and better serve their communities.

Courts Halt DOL’s Expanded Fiduciary Definition

Two Texas district courts issued stays on the rule, which was scheduled to take effect Sept. 23 and would expand the meaning of “fiduciary” under the Employee Retirement Income Security Act (ERISA).

Farm Bill Moves Through House Committee

The Big “I” advocated for the inclusion of an administrative and operating (A&O) inflationary adjustment in reinsurance year 2025 along with additional funds in A&O for reinsurance years 2022-2024.