Big ‘I’ Opposes Cuts to FCIP in Biden’s Next Budget
The Big “I” along with over 60 other industry groups sent letters opposing any proposed cuts to the Federal Crop Insurance Program in FY2025 budget.
News
NFIP Reauthorized Until March 8
A short-term reauthorization of the National Flood Insurance Program through March 8 was included in the short-term continuing resolution passed by Congress last week.
Big ‘I’ Applauds Reintroduction of Business of Insurance Regulatory Reform Act
The act would prevent the Consumer Financial Protection Bureau from pursuing enforcement against any person regulated by a state insurance regulator.
InsurPac Tops $1.3 Million in Record Fundraising Year
InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country, raised $1,318,024 during the 2023 calendar year.
New York Governor Vetoes Noncompete Agreement Ban
The legislation would have banned the use of noncompete agreements and potentially other forms of employment contracts in the Empire State.
Corporate Transparency Act to Cost Small Businesses $23 Billion
The Big “I” was successful in securing an exemption for independent agents from the act by showing that insurance producers already provide this beneficial ownership information to state regulators.
‘Lower Costs, More Transparency Act’ Passes the House
The act aims to enhance price transparency within the healthcare system, fostering informed decision making for patients and employers.
InsurPac: That’s a Wrap
The 2023 deadline to contribute to InsurPac is Dec. 31 at midnight.
The Hill Newspaper Names Big ‘I’ President & CEO Among Top Lobbyists
Charles Symington, Big “I” president & CEO, has been recognized for his success on Capitol Hill in 2023.
Big ‘I’ Secures Corporate Transparency Act Exemption for Insurance Agents
Without this exemption, the act would have required agencies with fewer than 20 employees to file new reports on their beneficial ownership.
