Measure to Block Fiduciary Rule Passes House
Today, the U.S. House of Representatives approved H.J. Res. 88, a resolution to block the Department of Labor fiduciary regulation from taking effect.
On the Hill
Big ‘I’ Applauds House Action on Flood Reform Bill
Today, the U.S. House of Representatives passed H.R. 2901, the “Flood Insurance Market Parity and Modernization Act” by Reps. Dennis Ross (R-Florida) and Patrick Murphy (D-Florida), by a vote of 419-0.
Big ‘I’ Meets with Administration about Overtime Rules
This week, Big “I” staff met with officials from the Department of Labor and the Office of Management and Budget regarding a proposed rule that could potentially impact 1 million “white-collar” workers in the insurance industry.
Congress Reacts to DOL Fiduciary Rule
Members of Congress are responding to the release of a U.S. Department of Labor regulation that tightens conflict of interest rules under the Employee Retirement Income Security Act.
Agents Discuss Top Issues on Capitol Hill
At last week’s Big “I” Legislative Conference, agents and brokers met with almost every U.S. Senate and House of Representatives office to discuss the association’s top legislative concerns.
Senator Scott: Why Business Experience Matters in Congress
After 25 years in the insurance business in the Charleston, South Carolina area, Senator Tim Scott (R-South Carolina) understands firsthand the concerns of independent agents and brokers.
Sen. Schumer Discusses Top 3 Insurance Issues on the Hill
At the Big “I” Legislative Conference Breakfast last week, Sen. Chuck Schumer (D-New York) addressed insurance-related legislative initiatives relevant to his home state and the country: crop, flood and terrorism insurance.
Political Panelists Scrutinize Election Drama
Commentators Bob Beckel and Tucker Carlson discussed why the presidential election cycle has spiraled into its current state of spectacle during this morning’s Big “I” Legislative Conference General Session Breakfast.
Big ‘I’ Agents Raise Concerns about DOL Fiduciary Rule
Just in time for today’s annual lobbying pilgrimage to the Hill, Big “I” staff has prepared a preliminary explanatory guide that outlines some of the threshold issues that arise in the U.S. Department of Labor’s new fiduciary rule.
Thank Bipartisanship for ‘Cadillac’ Tax Delay, Sen. Heinrich Says
The two-year delay of the “Cadillac” tax is a “perfect example” of bipartisan progress, said Sen. Martin Heinrich (D-New Mexico) when he addressed the Young Agents & InsurPac State Chairpersons Legislative Luncheon on Wednesday.
