Senate NARAB bill News

Senate Passes Flood Insurance Delay, Agent Licensing Bill

The Senate passed a bill Thursday to delay certain flood insurance rate hikes and create a national registry for licensing insurance agents by a vote of 67-32. (See how senators voted at end of story.) The bill delays the implementation …

Senate Begins Amending Bill to Halt Flood Insurance Rate Increases

The Senate has begun adopting amendments to the bill (S.1926) that seeks to delay flood insurance premium increases called for under the Biggert-Waters Flood Insurance Reform Act of 2012. The Senate bill would halt premium hikes by retaining most flood …

White House Balks at Flood Insurance Delay, Agent Licensing Bill

The Obama Administration has problems with the Senate bill that would delay flood insurance premium increases and create an agent licensing registry. The bill, S.1926, was cleared for debate on a procedural vote, 86-13, Monday evening. It has more than …

Senate Takes First Step on Flood Insurance, Agent Licensing Bill

The Senate voted 86-13 early Monday evening to proceed with debate on a bill to both delay some flood insurance premium increases and establish an optional national registry for insurance agent and broker licensing. That procedural vote means there could …

Key Flood and Crop Insurance Votes Could Come This Week

This week could see important Senate votes on a bill on the federal flood insurance program that is linked with an agent and broker licensing measure, as well House approval of a farm bill that includes crop insurance and food …

Will Third Time Be the Charm for National Producer Licensing Bill?

Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week overwhelmingly passed a bill (H.R. 1155 ) to streamline the insurance producer licensing process. This is the …

Senate Committee Advances National Producer Licensing Reform Bill

The Senate Banking Committee today voted to send an insurance producer licensing reform measure to the full Senate for consideration. The bipartisan bill — S. 534, the National Association of Registered Agents and Brokers Reform Act of 2013 or NARAB …