News

President Approves Disaster Assistance and NFIP Extension

Last week, Congress passed and President Trump signed into law a $15 billion disaster relief package related to Hurricane Harvey and in anticipation of Hurricane Irma. The legislation also included a short-term extension of the NFIP through Dec. 8.

Court Rejects DOL Overtime Rule

Last week, U.S. Federal District Court Judge Amos L. Mazzant issued a ruling striking down an Obama Administration regulation on overtime pay.

Crop Insurance in the Crosshairs

Last week, the Government Accountability Office released a report on the cost of implementing the Federal Crop Insurance Program—and it sounded familiar.

DOL Likely to Delay Parts of Fiduciary Rule

The Department of Labor requested that the Office of Budget and Management allow the DOL to issue a notice for public comment to delay full implementation of the fiduciary rule.

DOL Fiduciary Rule Hurts Independent Agents

The Big “I” submitted a comment letter to the U.S. Department of Labor that outlines how the fiduciary rule negatively impacts association members and limits consumer access to retirement advice.

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