On the Hill

The Consumer Financial Protection Bureau was considering the adoption of burdensome mandates that would have disrupted premium finance transactions.

Costello reminded members of Congress—and their staff—of the critical role the independent insurance agency system plays in protecting America’s families and businesses.

The more than $4 trillion in tax hikes this budget proposes would dangerously target small businesses.

The hearing, which will be livestreamed, will examine the availability of flood insurance in the United States and the steps that can be taken to increase take-up rates.

The proposed new rule would prohibit the use of noncompete agreements and would apply to employees, independent contractors, interns, volunteers, apprentices, and other types of workers.

Two top House committees considered legislation that would impact how agents and brokers conform with national data privacy laws and standards.

The House Financial Services Committee has released draft legislation to amend and bolster the privacy requirements created by the Gramm-Leach-Bliley Act.

The current 60-day comment period is a remarkably short window for the business community to assess the sweeping effects of the startling proposal to ban noncompete agreements.

The legislation, which passed on partisan lines, was the House Republicans’ first major bill of the year and was one of their top campaign issues throughout the midterms.

The rule would apply to employees, independent contractors, interns, volunteers, apprentices, and other types of workers.