The Big “I” issued two letters this week and continues to engage both the administration and Congress on solutions to address the economic, health, and social challenges caused by coronavirus.
The U.S. Senate passed the Families First Coronavirus Response Act by an overwhelming bipartisan vote and the president quickly signed the legislation into law. The legislation includes many provisions that impact Big “I” members and small businesses.
Included in the bill are many provisions that impact Big “I” members and small businesses, which are expected to become law in the next few days.
The Big “I” looks forward to continuing to work with Congress to protect consumers from unfair discrimination while also preserving the state-based system of insurance regulation.
The legislation would significantly weaken the Federal Crop Insurance Program and the critical safety net the program offers. The Big “I,” along with its coalition partners, will continue to advocate for a strong and robust crop insurance program.
Big “I” Chairman Jon Jensen was in Washington, D.C. last week to meet with members of Congress and set the groundwork for the 2020 Big “I” Legislative Conference, to take place May 13-15.
The Big “I” will continue dialogue with Congress to improve any language in a surprise medical billing package that would require disclosure of direct and indirect compensation for agents.
The Big “I” opposes these cuts to the FCIP and—along with its crop insurance coalition partners—issued a statement opposing these dangerous reductions.
The “Nonprofit Property Protection Act” would broadly preempt state insurance regulatory protections, undermining the state-based system.
The U.S. House Financial Services Subcommittee on National Security, International Development and Monetary Policy held a hearing last week on the financing of domestic terrorism and extremism.