News

Senate Begins Voting on Health Care Reform

Tuesday night, a vote on Senate Republicans’ plan to repeal and replace the Affordable Care Act, the “Better Care Reconciliation Act,” failed when nine Republican senators joined all their Democratic colleagues in voting against the amendment.

Big ‘I’ Urges FHA to Rethink Private Flood

The Big “I” spearheaded the submission of a joint letter to the Federal Housing Administration urging the agency to amend its policy regarding acceptance of private flood insurance by lenders for FHA-insured loans.

DOL Considers Revising Overtime Rule

This week, the Department of Labor released a request for information to help it formulate a proposal to revise the overtime rule.

International Insurance Agreement Moves Forward

The Trump Administration recently announced it will support a deal on international insurance regulation between the U.S. and the European Union brokered in the final days of the Obama Administration.

Senators Introduce Bipartisan NFIP Bill

This week, Sens. Michael Crapo (R-Idaho) and Sherrod Brown (D-Ohio) introduced the “NFIP Reauthorization Act of 2017,” which would reauthorize the NFIP for six years.

Independent Agents Hold Tight to Market Share

Independent agents continue to dominate commercial lines while rivaling direct response writers and captive carriers in personal lines business, according to the 21st Market Share Report from the Big “I.”

Big ‘I’ Opposes ACA Tax; Senate Republicans Release Bill

This week, the association joined more than 40 small business trade associations in sending a letter that urges the U.S. Senate to repeal the harmful Affordable Care Act tax on net investment income as part of any health reform legislation.

Big ‘I’ Pushes Administration on Medical Loss Ratio

The Big “I” responded to a request for information from the U.S. Department of Health and Human Services that asked for ideas on how to reduce some of the regulatory burden created by the Affordable Care Act.

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