The deadline to apply for a Paycheck Protection Program loan is Aug. 8. Congress is continuing to work on another COVID-19 relief package that could extend the deadline, but a deal is far from certain.
The Big “I” joined a diverse group in sending a letter asking Congress to help the millions of recently unemployed Americans to temporarily stay on their employer-provided health care plan.
New proposed legislation would allow 501(c)(6) organizations access to loans through the Paycheck Protection Program without vague restrictions.
Today, Nationwide released results of a survey that pinpoints opportunities for agents to help strengthen and grow their business in the current environment.
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.
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.
The Big “I,” along with its America’s Recovery Coalition partners, sent a letter in support of the Small Business Recovery Fund.
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.
As negotiations on this relief package continue in the coming weeks, the Big “I” will provide updates on important developments.
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.