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Instant Insights / The insurance industry in 2020

The risks, trends and insights to keep top-of-mind in the new year.

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On Thursday, the Senate followed the House in passing the $1.4 trillion federal government funding package H.R. 1865, which includes three top policy priorities among insurance industry groups.

Among those provisions, the spending package includes an extension of the National Flood Insurance Program (NFIP) through September 30, 2020; an extension of the Terrorism Risk Insurance Program (TRIP) and Terrorism Risk Insurance Act (TRIA) through the end of 2027; and the permanent repeal of the healthcare “Cadillac Tax,” which would have imposed a 40% tax on health benefits that exceed an established annual cost.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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