GAO Flood Insurance Report Outlines Private Market Barriers
A new Government Accountability Office report cites regulatory uncertainty, refunds and market challenges as barriers to increased use of private market flood insurance policies.

A new Government Accountability Office report cites regulatory uncertainty, refunds and market challenges as barriers to increased use of private market flood insurance policies.
Last week, 23 members of the U.S. House of Representatives sent a letter to FEMA requesting an increase in oversight of private insurers that participate in the NFIP.
The most recent nominees—who join seven other individuals nominated earlier this year—consist of two state regulators and one private sector representative.
Earlier this week, the Federal Insurance Office released the methodology it will use to examine and determine the affordability of automobile insurance across the country.
At a U.S. Senate committee hearing last week, the Big “I” provided a statement on NFIP delivery, affordability and long-term program stability for small businesses.
The new Defend Trade Secrets Act of 2016 gives trade secret owners the option to bring civil lawsuits for breach of confidential information using federal law.
In an effort to help member agencies better understand the Department of Labor overtime rule, the Big “I” recently updated a Q&A document on the topic.
Last week, Republican leaders in the U.S. House of Representatives revealed a plan to change both individual and business tax rates.
This week, Republican leaders in the U.S. House of Representatives announced a new plan to repeal and replace the Affordable Care Act.
The Big “I” submitted written testimony to the U.S. House of Representatives Small Business Committee, outlining its concerns with the new Department of Labor overtime rule.