On the Hill

The White House released proposed changes to the NFIP that it would have liked to see included in a disaster aid package the U.S. House of Representatives is scheduled to vote on this week.

On Wednesday night, the Trump Administration sent a letter to Congress requesting emergency hurricane relief funds and outlining substantial NFIP reforms.

In September, the Financial Stability Oversight Council, three bipartisan state insurance regulation bills and an insurance agreement between the U.S. and the European Union were all front and center on Capitol Hill.

A new summary of proposed flood insurance reform legislation includes a provision that would cap compensation for WYOs at 25%.

Sen. Heller is at the center of many Big “I” priorities on Capitol Hill, including efforts to reauthorize the NFIP, reform the tax code, repeal and replace the Affordable Care Act, and more.

Shortly after President Trump’s inauguration, the White House released a memo asking all executive agencies to freeze pending regulations so the new Administration has time to review them. President Trump also signed an executive order to roll back parts

FEMA announced that it sustained a $4 billion loss last year—making 2016 one of the most expensive years in the program’s history.

As a Republican President takes office on Jan. 20 and Republicans control both chambers of Congress, lawmakers are eager to put their party’s stamp on many important pieces of legislation this year.

From the failure of Google Compare to the launch of Lemonade, 2016 brought big news for independent insurance agents.

For the first time since the 2008 election, one party will control both chambers of Congress and the White House, with the prospect of major legislation impacting independent agents in the years to come.