Why the Current Market Offers Opportunities for Agents
Today, Nationwide released results of a survey that pinpoints opportunities for agents to help strengthen and grow their business in the current environment.
News
Senate Republicans Propose New COVID-19 Relief Package
Senate Republicans released a number of legislative proposals, known as the Health, Economic Assistance, Liability Protection, and Schools Act, they hope to package together in the next COVID-19 relief package.
Senators Introduce Legislation Confirming State Regulation of Insurance
The “Business of Insurance Regulatory Reform Act” clarifies that insurance is regulated at the state level and does not fall under the Consumer Financial Protection Bureau.
Big ‘I’ Sends Letter Supporting Recovery Fund
The Big “I,” along with its America’s Recovery Coalition partners, sent a letter in support of the Small Business Recovery Fund.
Liberty Mutual Insurance Waives Growth Requirement for Agencies in Profit-Sharing
In response to COVID-19, Liberty Mutual announced updated guidelines for their 2020 commercial lines profit-sharing agreement and will waive the 10% written premium growth requirement to earn a profit-sharing bonus.
Senate Republicans Plan New COVID-19 Relief Package
As negotiations on this relief package continue in the coming weeks, the Big “I” will provide updates on important developments.
Big ‘I’ Secures Exemption for Agents from New Burdensome Federal Reporting Requirement
The Big “I” was successful in securing a full exemption for independent insurance agents and brokers to the “FY21 National Defense Authorization Act,” which was passed by the House.
Insurance Premiums Considered ‘Essential’ in Small Business Comeback Act
The “Small Business Comeback Act” would create the Small Business Recovery Fund to provide federal grants for operational expenses to help businesses reopen and stay open during the COVID-19 pandemic.
Big ‘I’ Urges Congress to Give Trade Associations Access to PPP Loans
With Congress expected to consider another COVID-19 relief package in the coming weeks, the Big “I” sent a letter urging an expansion of the Paycheck Protection Program to include 501(c)(6) nonprofit associations.
Small Business Comeback Act Introduced in the House
The “Small Business Comeback Act” would create the Small Business Recovery Fund to provide federal grants for operational expenses to help businesses reopen and stay open during the COVID-19 pandemic.
