On the Hill

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.

DOL Finalizes Fiduciary Rule

Yesterday, the U.S. Department of Labor released a new fiduciary regulation that tightens conflict of interest rules under the Employee Retirement Income Security Act.

New Legislation Would Overturn DOL Overtime Rule

The Department of Labor is in the final phase of completing a rule that would adjust when certain white collar workers can properly be considered “exempt” employees who are not entitled to overtime compensation.

NFIP Changes Coming April 1

Today, numerous changes will affect the NFIP, impacting many businesses, homeowners and independent agents and brokers that sell and service flood policies.

Big ‘I’ Calls for Market Parity in Tax Reform

The Big “I” signed a letter to Congress reminding them that tax reform efforts should address individual rates for small business pass-through entities, along with corporate rates.