Robert Rusbuldt News

Flood Insurance Program Back in Business Until Sept. 30

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 …

Flood Insurance Program Suspended Until June 7 or Later

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 …

Senate Approves Financial Reform Bill

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 …

Declarations

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 …

President Obama Signs Jobless Aid, Flood Insurance Extension

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 …

When Main Street Met Washington

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 …

Insurance Agents, Carriers Make Progress in Modifying Dodd Bill

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 …

Insurance Agents, U.S. Chamber Unhappy with Healthcare Reform

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 …

Insurance Agents Name ‘Blue Dog’ U.S. Rep. Ross of Arkansas Top Legislator

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 …

National Producer Licensing Reform Bill Passes House

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 …