News

DOL Withdraws Trump-Era Worker Classification Rule

The rescinded rule would have put more emphasis on the nature and degree of the worker’s control over the work and the worker’s opportunity for profit or loss in the “economic realities” test.

Legislation to Delay Risk Rating 2.0 Introduced in the House

The act would require FEMA to release an impact analysis at least six months before National Flood Insurance Program changes, and prohibit certain changes during and up to six months after the COVID-19 emergency declaration.

How COVID-19 is Accelerating Auto Claims Automation

A LexisNexis report illustrates that the secret to moving toward a touchless claims process may be through a hybrid model—and that insurance carriers can do more to turn virtual claims processing into a competitive advantage.

President Biden Unveils the American Families Plan

Most importantly for independent agents, the president’s plan does not call for any changes to the 20% tax deduction for small businesses. The plan is, however, expected to see several changes.

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