July 1, 2010
The U.S. Senate last night approved a temporary reauthorization of the federal flood insurance program until Sept. 30. The reauthorization of the National Flood Insurance Program (NFIP) is retroactive to June 1, the date the program was halted. The unanimous …
June 1, 2010
The National Flood Insurance Program (NFIP), which expired at midnight on May 31, is not expected to be able to issue new policies for a week or longer. As reported by Insurance Journal last Friday, Congress left town for the …
May 21, 2010
The U.S. Senate approved a sweeping Wall Street reform bill Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s. By a vote of 59-39, the Senate approved S. 3217, the “Restoring America’s Financial …
May 3, 2010
Flood Watch “It is alarming that the NFIP (National Flood Insurance Program) was allowed to expire, causing so much confusion and potentially leaving desperate homeowners and small businesses unprotected for more than two weeks. The Big ‘I’ is greatly concerned …
April 15, 2010
Congress Thursday voted to restore jobless benefits for hundreds of thousands of Americans who had lost them during a partisan standoff in the Senate over spending. [The bill also reauthorizes the federal flood insurance program until the end of May …
April 7, 2010
Amid wind-whipped exhaust fumes and an early March cold front, Connecticut insurance agent Michael Gergler ducks inside the lobby of the Wardman Park hotel in Washington, D.C. and surveys the lobby where roughly 150 other insurance agents have gathered. It’s …
March 24, 2010
Insurance agents and carriers are reporting progress in their efforts to modify a proposed federal financial services regulation bill passed by the Senate Banking Committee, while risk managers have extended their support to the legislation. Lobbyists for the Independent Insurance …
March 22, 2010
Independent insurance agents are among those today expressing their disappointment with the health care reform bill passed by the U.S. House of Representatives. The House approved the Senate-passed bill and also approved a separate bill that makes changes agreed to …
March 4, 2010
The Independent Insurance Agents & Brokers of America (the Big “I”) has recognized Rep. Mike Ross (D-Ark.), a former independent insurance agent, as its Legislator of the Year for 2009. The award was presented yesterday at a luncheon, just prior …
March 4, 2010
Federal legislation designed to streamline non-resident insurance agent and broker licensing passed the U.S. House of Representatives. H.R. 2554, the National Association of Registered Agents and Brokers Reform Act of 2009, or more commonly referred to as NARAB II, passed …