On the Hill

House Holds Hearing on Medicare for All

The hearing was significant in that it was the first congressional hearing dedicated to Medicare for All, which has been gaining support among Democrats.

Bipartisan NARAB Letter Heads to White House

Late last week, a bipartisan group of lawmakers from the U.S. House of Representatives and Senate sent a letter to President Trump urging the Administration to nominate members of the NARAB Board.

Big ‘I’ Seeks Continued Funding for Flood Mapping

This week, the Big “I” joined a diverse range of partners and stakeholders in sending a letter urging Congress to maintain appropriated funding for FEMA’s Flood Hazard Mapping and Risk Analysis Program.

Big ‘I’ Supports New Tax Legislation

This week, the Big “I” joined other organizations in sending a letter supporting the “Main Street Tax Certainty Act,” which would make the 20% tax deduction on qualified business income permanent.

House Committee Passes Cannabis Legislation

On Wednesday, the U.S. House of Representatives Financial Services Committee passed legislation designed to protect banking and insurance firms from federal penalties if they provide financial services to cannabis-related businesses legalized at the state

Bill to Eliminate FIO Introduced in the House

As one of the leading supporters of a modernized state-based system of insurance regulation, the Big “I” supports eliminating or significantly restricting the authority of the Federal Insurance Office.

NFIP Reverses Mid-Term Cancellation Policy

On Monday, FEMA issued a bulletin stating that consumers cannot receive a refund for unearned premiums if they cancel a NFIP policy mid-term in favor of a private policy.