News

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.

Shortly after President Trump’s inauguration, the White House released a memo asking all executive agencies to freeze pending regulations so the new Administration has time to review them. President Trump also signed an executive order to roll back parts

FEMA announced that it sustained a $4 billion loss last year—making 2016 one of the most expensive years in the program’s history.

As a Republican President takes office on Jan. 20 and Republicans control both chambers of Congress, lawmakers are eager to put their party’s stamp on many important pieces of legislation this year.

From the failure of Google Compare to the launch of Lemonade, 2016 brought big news for independent insurance agents.

Republican leadership in the U.S. House of Representatives Financial Services Committee took the first step in addressing reauthorization of the NFIP, which is set to expire on Sept. 30, 2017.

For the first time since the 2008 election, one party will control both chambers of Congress and the White House, with the prospect of major legislation impacting independent agents in the years to come.

The Big “I” has serious concerns with draft legislation that could impact how agents receive compensation for selling flood insurance policies.

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.

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.