News

To protect the Federal Crop Insurance Program, the Big “I” sent a letter urging Congress to reject calls for additional cuts within the jurisdiction of the U.S. Senate and House agriculture committees.

The Big “I” submitted testimony to a congressional hearing outlining its concerns regarding legislation that would repeal the limited antitrust exemption for health insurers.

Both letters urge the Administration to support a full and permanent repeal of the 40% “Cadillac” tax and to oppose any new taxes on health care benefits.

The proposed rule would change special enrollment periods, the annual open enrollment period, guaranteed availability and more.

This week, Big “I” Chairman Spencer Houldin met with members of Congress in Washington, D.C. to set the groundwork for the upcoming Big “I” Legislative Conference.

Sen. Joe Manchin (D-West Virginia) will be a keynote speaker at the breakfast, which occurs just prior to the association’s annual Big “I” Day on Capitol Hill.

On Friday, President Trump issued two executive orders intended to spur financial regulatory reform that could impact Big “I” members.

OPTIS Partners recorded 449 mergers and acquisitions in the U.S. and Canada last year—a slight dip from the record of 456 in 2015.

As required by the Homeowners Flood Insurance Affordability Act of 2014, starting this month, FEMA will send each NFIP policyholder a letter outlining their known flood risk and how it relates to their premium.

The briefing focused on why flood is different than other perils, where the private flood insurance market currently stands, how the NFIP operates and more.