No Deal: NFIP Lapses as Government Shutdown Begins
A partial federal government shutdown began on Oct. 1, resulting in a lapse of National Flood Insurance Program (NFIP) authority.

A partial federal government shutdown began on Oct. 1, resulting in a lapse of National Flood Insurance Program (NFIP) authority.
The Big “I” urges Congress to act well in advance of the 2027 deadline and reauthorize a long-term, clean extension of this important program.
The bipartisan bill directs the Health and Human Services (HHS) Secretary to update regulations for independent agents, brokers and third-party marketing organizations (TPMOs) under Medicare Parts C and D.
July started with a bang as the Big “I” secured important wins for independent insurance agencies in the “One Big Beautiful Bill.” And despite mixed results for the property & casualty market, the Big “I” 2025 Market Share Report, showed the independent agency channel is holding steady.
Last week, a bill was reintroduced to clarify the jurisdiction of the Consumer Financial Protection Bureau (CFPB) and affirm that state regulators are best positioned to oversee the insurance industry.
Independent insurance agents may be wondering what tax provisions were included as part of the expansive package. This summary from the Big “I” provides a brief overview.
Passage of the bill will make permanent the 20% deduction for pass-through entities, a huge win for many independent insurance agencies.
Erie Insurance and Philadelphia Insurance Companies grappled with extended system outages, prompting errors & omissions concerns for independent insurance agents.
The new toolkit helps independent insurance agents educate clients about legal system abuse, explain rising costs and advocate for reforms.
Charles Symington, Big “I” president & CEO, participated in a panel at the 2025 Insurance Information Institute’s Joint Industry Forum in Chicago.