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.
When the transaction closes in early 2021, Allstate will become the fifth largest independent agency carrier.
The Big “I” joined a number of organizations in sending a letter to legislators urging support for “The Paycheck Protection Program Small Business Forgiveness Act.”
The second quarter of 2020 saw rate increases in the composite property-casualty sector as well as most other sectors. Meanwhile, personal lines rate increases remained steady at 3.5%.
The bill would create a new federal program to encourage insurance companies to pay out business interruption claims on policies that explicitly exclude viral pandemics.
This week, the U.S. Senate and the House of Representatives extended the Paycheck Protection Program to August 8 just before it was set to expire.
On July 1, Nationwide made history by completing its transition to operate as a fully independent agency carrier.
This week, the Department of Labor (DOL) proposed a new exemption for investment advice fiduciaries that allows financial advisers to collect commissions and other compensation when offering retirement advice.
The comments addressed the Federal Reserve Board’s request for public feedback on a proposal to expand the Main Street Lending Program to provide access to credit for nonprofit organizations.
Watch the video from Bob Rusbuldt, Big “I” president & CEO, and Jon Jensen, Big “I” chairman, that provides updates on the Trusted Choice® COVID-19 Relief Fund.
