News

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.

This week, the Big “I” submitted a joint trade association letter to the U.S. Senate Banking Committee hearing outlining priorities for the next NFIP reauthorization.

This week, most discussions in both chambers are expected to revolve around options for the length of a temporary funding bill, also known as a continuing resolution.

In response to an executive order President Obama issued last year as part of his climate change agenda, FEMA has issued a new proposal for defining the “floodplain” for federally funded projects.