Today, FEMA issued notification of Risk Rating 2.0 program changes to the National Flood Insurance Program effective on October 1, 2021, the overall timeline for implementation of Risk Rating 2.0 and FEMA’s expectations of NFIP insurers.
The conference will be held April 13-16, with daily programs beginning at 2 p.m. ET. Virtual attendees will hear from speakers including top leaders in Congress and FOX News’ Bill Hemmer, co-anchor of “America’s Newsroom.”
The number of independent insurance agencies has remained stable and business conditions continue to improve, although at a slower rate than 2018, according to the 2020 Agency Universe Study.
The Big “I” strongly supported congressional passage of the Paycheck Protection Program Extension Act, which the U.S. Senate passed earlier today. The bill now heads to President Biden’s desk where he is expected to sign the bill into law.
The legislation attempts to reconcile federal law with conflicting cannabis-related state laws by providing a federal safe harbor to financial services providers including insurers, agents and brokers.
Big “I” members will have the opportunity to discuss issues such as small business tax fairness, future pandemic response, and more in virtual meetings with members of Congress.
CNA revealed it sustained a cyberattack on Sunday evening which caused network disruption and impacted certain systems, including corporate email. Currently, it is not clear if the company’s data has been affected.
The Big “I” intends to seek additional clarity and guidance from federal regulators concerning compliance with these new disclosure obligations and will provide additional information as the effective date approaches.
If agreed to, the transaction could be the biggest insurance deal since 2020 and the largest property-casualty insurance sector deal since 2016.
The FOX News anchor will discuss the current political landscape at the Big “I” Virtual Legislative Conference.
