News

Last week, the Federal Reserve published a long-awaited proposed rulemaking to establish capital requirements for certain insurers that own banking institutions.

Encova Mutual Insurance Group—the new brand of Motorists and BrickStreet—launched last month. IA talked with Encova CEO Dave Kaufman to learn more about what the carrier’s expanded product lines mean for agents and customers.

Last week, legislation was introduced in the U.S. House of Representatives to provide a comprehensive federal safe harbor for insurers and agents to protect them from criminal and civil liability when offering insurance coverage to state-legalized cannabi

The intent is to reach the 38 million private-sector employees without access to retirement plans through their employer by creating incentives and greater economies of scale for small businesses.

The Big “I” and ACORD, the global standards-setting body for the insurance industry, have announced a joint program to provide qualifying Big “I” members with a complimentary license to use ACORD Forms.

On Monday, legislation was introduced in the U.S. Senate to federally protect insurers—including independent agents and brokers—from criminal and civil liability when offering insurance coverage to state-legalized cannabis businesses.

The goal of the caucus is to educate members of Congress and staff on the critical role the Federal Crop Insurance Program plays in protecting America’s farmland and farm communities.

This week, several members of Congress announced they were introducing legislation to reauthorize the NFIP for five years while also making a number of troubling changes to the program.

On Wednesday, the full U.S. House of Representatives passed H.R. 748, the “Middle Class Health Benefits Tax Repeal Act,” in an overwhelmingly bipartisan vote of 419-6.

Earlier this week, FEMA published proposed rulemaking which follows the Biggert-Waters mandate to modify the way FEMA pays private insurance companies participating in the WYO program for the NFIP.