News

Now awaiting action in the U.S. House, the bill addresses the current system that allows outside investors, including foreign governments, to secretly finance lawsuits for profit.

A new survey of consumers from the Big “I” reveals growing concern that excessive and abusive litigation is driving up costs for consumers and reforms are needed.

The continuing resolution (CR) funds the federal government through Jan. 30, 2026, and includes a retroactive reauthorization of the National Flood Insurance Program (NFIP) for the period that the program lapsed.

Lawsuits over how businesses collect and use data have surged, driven largely by aggressive plaintiff’s attorneys leveraging decades-old privacy laws in modern contexts.

New reports revealed widening gaps in insurance coverage and an expanding role for agents. Plus, Agency Nation Radio spoke with GEICO on its move into the independent agency channel.

As of Oct. 27, more than 2,300 agents and brokers nationwide have invested in InsurPac, the Big “I” political action committee (PAC), helping to surpass the $1 million mark toward its $1.3 million goal for the 2025 calendar year.

The “Fix Our Forests Act of 2025,” which will improve forest management, reduce wildfire risk and protect critical infrastructure, was passed out of a U.S. Senate committee.

In response to providers significantly reducing or eliminating agent compensation, the Big “I” voiced its concerns in joint letters to Congress and to the Centers for Medicare and Medicaid Services.

Last week, the American Property Casualty Insurance Association (APCIA) hosted its annual meeting in Orlando, Florida.

Both political sides seem to be digging in, with the U.S. Senate unable to advance a “clean” continuing resolution (CR).