News

Big ‘I’ Keeps Focus on Flood Insurance

The Big “I” and others are currently advocating for Congress to extend the NFIP before the program expires, and to support a long-term reauthorization of a modernized version of the program.

Farm Bill Fails in House

Late last week, the U.S. House of Representatives voted down H.R. 2, “The Agriculture and Nutrition Act,” by a vote of 198-213.

House Set to Vote on Farm Bill

Controversy related to the supplemental nutrition assistance program and other issues, including crop insurance and subsidies for commodities such as sugar, are making it hard to predict how the final vote will turn out.

Congress Considers Crop Insurance Changes

The Big “I” expects that as the 2018 Farm Bill moves through the legislative process, Congress will consider amendments that could be harmful to the FCIP.

Controversial Farm Bill Draft Released

The bill is wrapped in partisan controversy related to the Supplemental Nutrition Assistance Program. However, the bill provisions that relate to the Federal Crop Insurance Program have not been a point of contention.

Congress Wrangles with Short-Term NFIP Extension

Congress is expected to pass a bill to fund the government through the end of the fiscal year, which also includes authorization for continued operation of the NFIP through July 31.

FEMA Makes Changes to NFIP WYO Program

The changes, which apply to the FY2019 WYO Arrangement effective Oct. 1, include, among other things, eliminating the WYO non-compete and revising the methodology for calculating WYO compensation, which is used to pay agent commissions.

President’s Budget Targets FCIP and NFIP

On Monday, the Office of Management and Budget released a proposed budget for FY2019 that includes cuts to the Federal Crop Insurance Program, as well as changes to the NFIP.