News

Proposal Would Expand Short-Term Health Plans

The regulation would essentially reverse a rule the Obama Administration issued in 2016 which put restrictions on short-term limited duration health insurance.

President’s Budget Targets FCIP and NFIP

On Monday, the Office of Management and Budget released a proposed budget for FY2019 that includes cuts to the Federal Crop Insurance Program, as well as changes to the NFIP.

A Happy Distribution Force Equals Increased Carrier Profitability

Independent agents represent a “significant growth engine” for insurers that understand how to build strong relationships with their distribution force, according to a new J.D. Power study. But there is room for improvement in the agent-carrier relationsh

Government Funding Legislation Includes Big ‘I’ Priorities

On Monday, President Trump signed legislation to end the nearly 70-hour government shutdown and fund the government through Feb. 8. In a win for the Big “I,” the legislation included a two-year delay of the “Cadillac” tax.

Insurance Regulatory Reform Bill Moves Forward

On Wednesday, the U.S. House of Representatives Financial Services committee passed H.R. 3746, “The Business of Insurance Regulatory Reform Act,” out of Committee by a vote of 37-18.

Short-Term NFIP Extension In Play

The NFIP is set to expire tomorrow as part of a broader government funding debate, unless Congress passes a continuing resolution to keep the federal government open.

Big ‘I’ Shows Support for MLR Bill

This week, the Big “I” joined the National Association of Health Underwriters and a group of other agent and broker organizations in sending letters to four legislators to thank them for their work on Medical Loss Ratio legislation.

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