News

The final rule is a significant improvement from the overtime rule proposed during the Obama Administration but still presents compliance challenges for independent agencies and state associations.

On Monday, Quincy L. Branch, president & CEO of Branch Benefits Consultants in Las Vegas, was reappointed to the Federal Advisory Committee on Insurance.

The Big “I” joined more than 300 organizations, including the U.S. Chamber of Commerce, in sending a letter urging Congress to pass a long-term reauthorization of the Terrorism Risk Insurance Act, which is currently scheduled to expire on Dec. 31, 2020.

Much of the discussion focused on the multi-year effort by the International Association of Insurance Supervisors to develop a group-wide, risk-based insurance capital standard.

Advocates for Highway and Auto Safety’s mission is the adoption of federal and state laws, policies and programs that prevent motor vehicle crashes, save lives, reduce injuries and contain costs.

The Big “I” submitted comments to FEMA on its Advanced Notice of Proposed Rulemaking entitled: Revisions to Methodology for Payments to Write Your Own Companies.

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.