News

Last month, a group of federal agencies issued a proposal that aims to clear up confusion regarding when a lender may accept private flood insurance under federal law.

To help facilitate understanding and make the transition to the new rule as smooth as possible, the DOL has issued a new FAQ document.

As the Big “I” pursues legal action challenging the Department of Labor overtime rule, year-end congressional efforts to delay or phase in the overtime rule are also ramping up.

The new 2016 Agency Universe Study findings provide insight into the overall health and prosperity of the independent agent channel.

A recent report from the U.S. Department of Labor criticizes state workers compensation systems and suggests increased federal oversight may be necessary—a direction the Big “I” does not support.

The new 2016 Best Practices Study, which provides benchmarks and analysis of the group of 260 Best Practices agencies, reveals how they are thriving in a difficult environment.

Last week, the two subcommittees of the U.S. House Financial Services Committee held hearings on international insurance issues.

Between August and September, commercial insurance rates held steady at -1% for the fourth month in a row, while the personal lines composite inched up from +1% to +2%.

At the end of September, in a 246-177 vote, the U.S. House of Representatives passed legislation that seeks to delay implementation of the Department of Labor overtime rule for six months.

This week, FEMA released a bulletin outlining NFIP changes that apply to new business and renewals—and may impact you and your flood insurance policyholders when they take effect on or after April 1, 2017.