News

The bill is modeled on the Terrorism Risk Insurance Act, which was created in the aftermath of the 9/11 terrorist attacks.

Instead of an in-person event, the 2020 National Flood Conference will take place virtually via webinar June 1-3. Attendance is free of charge.

Last week, Big “I” Chairman Jon Jensen presented the State of the Association address to Big “I” Virtual Legislative Conference attendees.

Rep. Cheri Bustos (D-Illinois) reinforced the important role that independent insurance agents and brokers must play in the coronavirus pandemic.

Included in the package are several Big “I” priorities, including fixing an issue with the Paycheck Protection Program that excluded 501(c)(6) organizations from accessing loans.

The Small Business Administration issued long-awaited additional guidance that gives many Big “I” members needed clarity.

The U.S. Treasury Department responded to several congressional letters sent expressing concern over President Trump’s remarks on business interruption insurance.

House Minority Whip Steve Scalise (R-Louisiana) answered questions from Big “I” President & CEO Bob Rusbuldt on subjects including lessons learned from Hurricane Katrina that guide his perspective on coronavirus legislation.

Senate Majority Whip John Thune (R-South Dakota) is helping Americans weather the storm and protect the millions of small businesses that are vital to communities across the country.

House Minority Leader Kevin McCarthy (R-California) hailed the CARES Act as an enormous achievement and a stepping stone to reopening America but warned that there is still work to be done on Capitol Hill.