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.
On the Hill
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.
Big ‘I’ Seeks Clarity on NFIP Mid-Term Cancellation Policy
Earlier this week, the Big “I” and other stakeholders sent a letter to FEMA asking for clarification on when consumers can receive a refund for unearned premiums if they cancel an NFIP policy mid-term in favor of a private policy.
Big ‘I’ Member Resources Available on New Tax Regulations
To help Big “I” members understand recently passed regulations concerning a new tax deduction for “qualified business income” under Section 199A of the tax code, the Big “I” posted multiple new resources.
Regulators Issue New Federal Rules for Private Flood Insurance
Last Friday, federal banking regulators issued a new rule outlining when lenders are required to accept private flood insurance to satisfy mandatory purchase requirements.
House Introduces Legislation to Repeal ‘Cadillac’ Tax
Today, with strong support from the Big “I,” Reps. Joe Courtney (D-Connecticut) and Mike Kelly (R-Pennsylvania) introduced bipartisan legislation that would repeal the “Cadillac” tax, which would unfairly and disproportionately affect middle-income Americ