Industry Groups Applaud Bill to Treat Forests, Mitigate Wildfire Risk October 23, 2025 Insurance industry trades praised a Senate committee for the passage this week of the Fix Our Forests Act, a measure...
NAMIC to Federal Lawmakers: Do Your Job on Flood Insurance Program October 16, 2025 By Chad Hemenway Two weeks into the expiration of the National Flood Insurance Program, one of the insurance industry’s trade associations is once...
Insurance Industry, Others Press Congress to Act on NFIP at Deadline September 30, 2025 By Chad Hemenway Organizations representing the insurance, real estate, mortgage banking, financing, and property management industries sent a letter to Congressional leaders calling...
Update: National Flood Insurance Program Expires September 25, 2025 By Chad Hemenway About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) expired Oct.1—a prospect that will...
Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop September 17, 2025 By Chad Hemenway Marsh McLennan lost 358 employees in the terrorist attack on the World Trade Center on Sept. 11, 2001, and in...
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...
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)....
NAMIC, Big ‘I’ Join Call to Do Away With Federal Insurance Office April 11, 2025 By Chad Hemenway The National Association of Mutual Insurance Companies and the Independent Insurance Agents & Brokers of America are the latest from...
States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded’, Says NAMIC March 25, 2025 By Chad Hemenway Policy discussions on the use of artificial intelligence in insurance are “unfounded” and “detrimental to policyholders,” according to a analysis...
Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says January 22, 2025 By Chad Hemenway The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in...