Although an NFIP extension passed, dont hold your breath for other bipartisan bills

Once again, we face a looming expiration of the National Flood Insurance Program (NFIP), with the program’s authorization set to expire on September 30 of this year. NFIP has received temporary reauthorizations eight times since 2008 and has gone into technical lapse on several occasions.

Ted Besesparis discusses NAIC failure to support HHS that agent compensation be removed from healthcare medical loss ratio and how its not too late for NAIC to stand up for agents.

Last year when Congress created the Federal Insurance Office (FIO), it ordered a broad study of insurance regulation in the United States—but it assigned the task of conducting that study to the FIO that it had just created. This creates an ideological conflict of interest.

Ted Besesparis writes about the potential prospects of some issues of particular concern to professional insurance agents in light of the new healthcare reform, 1099 requirement, flood insurance and OFC.

Congress will see a "major push" on optional federal charter (OFC) legislation in the next session.

Now that the healthcare reform bill with of its final changes has been signed into law, what will its impact be on professional insurance agents and their customers?

Never underestimate the political advantage of beating up on the insurance industry.