Big ‘I’ Testifies Before Congress on NFIP
On Wednesday, Chris Heidrick, chair of the Big “I” Flood Insurance Task Force, testified before the U.S. House of Representatives Financial Services Committee on reauthorization of the NFIP.
On the Hill
President Trump’s Budget Proposes Changes to FCIP, NFIP
The budget proposal includes $26 billion in cuts to the FCIP and proposed means-testing for the NFIP.
DOL Seeks to Update Overtime Rule
Last week, the Department of Labor issued a new proposed overtime regulation. The regulation, which had been anticipated since last year, comes after the Obama Administration overtime rule was struck down in a Big “I”-supported lawsuit.
‘Cadillac’ Tax Repeal Introduced in Senate
This week, Sens. Mike Rounds (R-South Dakota) and Martin Heinrich (D-New Mexico) introduced bipartisan legislation to repeal the “Cadillac” tax. Earlier this year, Reps. Joe Courtney (D-Connecticut) and Mike Kelly (R-Pennsylvania) also introduced legisla
Federal Insurance Office Names New Director
Last week, the Federal Insurance Office named Steven Seitz as its new director. Seitz was previously deputy director and became acting director when Steve Dreyer stepped down late last year.
Rep. Richard Neal to Address Big ‘I’ Legislative Conference
U.S. House of Representatives Ways and Means Committee Chairman Richard Neal (D-Massachusetts) will address Big “I” members during the 2019 Big “I” Legislative Conference Breakfast on Thursday, May 9.
Big ‘I’ Warns Against FCIP Cuts
Earlier this week, the Big “I” joined a long list of insurance, commodity, farm, environmental and lending groups in sending two letters opposing cuts to the Federal Crop Insurance Program during this year’s budget process.
Political Clout: How Main Street Agent Groups Stack Up
Political clout in Washington, D.C. is largely measured by political fundraising, grassroots strength and relationships with elected officials. The Big “I” has proven itself unparalleled when it comes to representing main street independent insurance agen
House Debates Challenges to Cannabis-Related Business
On Wednesday, a subcommittee of the U.S. House of Representatives Financial Services Committee held a hearing to discuss efforts to minimize legal and compliance risks for banking and financial services businesses seeking to provide services to state-sanc
Big ‘I’ Chairman Hits Capitol Hill
Big “I” Chairman Joe Leahy was in Washington, D.C. this week to meet with members of Congress and set the groundwork for this year’s Legislative Conference, to take place May 8-10.
