Tax Increase on Litigation Funders Does Not Make Final Budget Bill July 7, 2025 By Chad Hemenway When Trump’s huge tax bill was signed into law July 4, missing were changes to the taxes third-party litigation funders...
Big I Celebrates Continued Tax Deduction for Many Independent Agents July 7, 2025 The Independent Insurance Agents & Brokers of America (Big “I”) last Thursday celebrated the passage of the “One Big Beautiful...
Insurance Industry Rejects Proposed Moratorium on State AI Regulation June 18, 2025 By Chad Hemenway A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the...
Effort to Close Litigation Funding Tax Loophole Added to Federal Budget Bill June 17, 2025 By Chad Hemenway Within changes submitted by U.S. Senate Republicans to President Donald Trump’s tax bill is language that would close a tax...
‘Big Beautiful’ Tax Breaks for Insurance Agents in Bill Passed by House, Says Big I May 23, 2025 The Independent Insurance Agents and Brokers of America celebrated a “significant victory” for independent agents with the passage of a...
Stablecoin Bill Advances in US Senate in Big Win for Crypto May 20, 2025 By Steven T. Dennis Stablecoin legislation overcame a procedural blockade in the US Senate, marking a major victory for the crypto industry after a...
US House Bill Reintroduced to Rid Federal Insurance Office of Subpoena Power May 15, 2025 By Chad Hemenway Rep. Scott Fitzgerald on May 15 reintroduced a bill to eliminate the subpoena power of the Federal Insurance Office (FIO)....
NAIC, Legislators Push to Abolish the Federal Insurance Office March 27, 2025 Last week, the National Association of Insurance Commissioners announced its agenda for 2025, including the call to eliminate the U.S....
Viewpoint: The Imperative of Long-Term NFIP Reform March 19, 2024 By Chris Brown In the wake of a record-shattering 28 billion-dollar extreme weather and natural disaster season in 2023, the U.S. finds itself...
White House AI Council Meets as Legislative Action Stalls January 29, 2024 By David Shepardson The White House artificial intelligence council is meeting Monday, three months after President Joe Biden signed an executive order that...