News

Bill to Expand Risk Retention Groups Introduced

Last week, Rep. Dennis Ross (R-Florida) introduced H.R. 6292, to amend the Liability Risk Retention Act to expand the types of commercial insurance that risk retention groups can offer to nonprofit organizations.

Senate Works to Pass Farm Bill

The Senate version of the Farm Bill is scheduled for a vote before the end of the week. However, disagreement among senators over some provisions of the bill have made it unclear what changes might be made to the bill before the vote.

Big ‘I’ Submits Second Statement on Tax Reform

The Big “I” and other producer groups are seeking clarity on a key provision of the new tax law that allows for a 20% deduction on “qualified business income” for owners and shareholders of pass-through businesses.

Senate Farm Bill Gains Momentum

Yesterday, the “Agricultural Improvement Act of 2018” passed by a 20-1 vote out of a U.S. Senate committee.

Big ‘I’ Keeps Focus on Flood Insurance

The Big “I” and others are currently advocating for Congress to extend the NFIP before the program expires, and to support a long-term reauthorization of a modernized version of the program.

IA Talks Transition with Nationwide

Nationwide recently announced its intention to shift entirely to an independent agency distribution model. IA spoke with Amy Shore, president of P&C sales & distribution for Nationwide, about what the transition will look like at the agency and company le

Big ‘I’ Supports Insurance Regulatory Reform Bills

With insurance regulatory reform legislation pending before Congress, the Big “I” sent letters to Capitol Hill supporting reform of the Federal Insurance Office and the Consumer Financial Protection Bureau.

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