FEMA Testifies on NFIP Reauthorization
Today, the U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, “Reauthorization of the National Flood Insurance Program: Administration Perspectives.”
Today, the U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, “Reauthorization of the National Flood Insurance Program: Administration Perspectives.”
In its written testimony, the Big “I” underscored the importance of finally enacting a long-term reauthorization of the National Flood Insurance Program (NFIP).
The Big “I” submitted a statement that underscored the importance of finally enacting a long-term reauthorization of the NFIP after numerous short-term reauthorizations.
Following the success of the 2022 Legislative Conference, held in Washington, D.C., last week, the Big “I” and its members would like to thank its company sponsors.
Rep. Blaine Luetkemeyer (R-Missouri) was recognized for his work on the Paycheck Protection Program (PPP) and for advocating for private flood insurance to satisfy continuous coverage requirements.
Rep. Randy Feenstra (R-Iowa) chatted with Charles Symington, Big “I” senior vice president of external, industry and government affairs, about his experience as an independent agent, the value of InsurPac and more.
Rep. Katherine Clark (D-Massachusetts), assistant speaker of the U.S. House of Representatives, voiced her support for legislative solutions that will make families, businesses and communities stronger.
Sen. Jerry Moran (R-Kansas) addressed Big “I” members about the upcoming 2023 Farm Bill, upholding state-based insurance regulation and the war in Ukraine.
In a significant win for the Big “I,” the budget does not include any cuts to the Federal Crop Insurance Program and included some important language regarding workers compensation.
Beginning Friday, April 1, all flood policies must be priced under Risk Rating 2.0 at renewal.