NAMIC

Brian Waller of @shelter_ins will testify tomorrow before the House Transportation & Infrastructure Committee. The message is clear: It's time to reform FEMA and better protect American homeowners. You can watch the hearing here: brnw.ch/21x488j #NAMICadvocacy #FEMAAct

Ohio HB 105 is now law, bringing transparency to third-party litigation funding and protecting consumers. @RepMeredithCraig, @RepJimThomas, and a broad coalition including @OhioInsurance and @OhioChamber came together to protect Ohio's civil justice system. #LitigationReform

Happy 250th, America! Here’s to the next 250 years of protecting the American dream. #America250 #TheMutualInfluence Learn more about the mutual industry's influence on America here: brnw.ch/21x3Sav

North Carolina is now the first state to ban predatory third-party litigation funding. H.315 directly addresses a major driver of rising insurance costs. Thank you to bill sponsor @CharlieMillerNC and @NC_Governor for protecting NC policyholders. #TPLF #ConsumerProtection

After 9/11, the economy needed a backstop. NAMIC helped lead the way for TRIA in 2002, a federal partnership that shares terrorism risks with insurers, keeping businesses protected despite new risks. #TRIA #America250 Learn more here: brnw.ch/21x3Nzy

Major win for AZ homeowners! SB1206 has been signed into law by @GovernorHobbs.This bill stops fraud by separating adjusters from repair contractors and giving consumers a 4-day cancellation safety net. Thank you, sponsor @SenFrankCarroll for fighting for policyholders.

Local regulation, local accountability, national stability. The McCarran-Ferguson Act is the bedrock of state-based insurance. NAMIC is proud to protect this legacy. #America250 #NAMICAdvocacy Learn more here: brnw.ch/21x3Gah

Through World Wars and the Great Depression, mutual insurers stood as economic anchors for main streets across America. Mutuals continue this mission today. It’s a more-than-250-year track record. #America250 #mutualinsurance Learn more here: brnw.ch/21x3Cl5

From litigation to protection. After Wisconsin passed the first workers' compensation law in 1911, mutual insurers helped launch workers' comp insurance, prioritizing safety and recovery over lawsuits. #WorkersComp #America250 Learn more here: brnw.ch/21x3utN

Thanks @USRepMikeFlood for meeting with NAMIC’s board officers during last week’s Executive Fly-In series. Our group enjoyed a productive conversation on a number of key issues facing the industry, including insurance regulation, legal system abuse, and reauthorization of the Terrorism Risk Insurance Program.

NAMIC members from Virginia came to DC last week to connect with the original sponsor of the Protecting Our Courts from Foreign Manipulation Act, @RepBenCline. Thank you for supporting this important piece of legislation!

East Coast insurers called far-away rural farms uninsurable. Farmers formed their own mutual insurance companies. In 1895, several of those mutuals came together to form NAMIC. #TheMutualInfluence #America250 Learn more here: brnw.ch/21x3iX2

#DYK: Mutual insurance predates the United States by nearly a quarter century. Benjamin Franklin founded the first successful mutual in 1752, proving that insurance is a cornerstone of American stability. #America250 #MutualInsurance Learn more here: brnw.ch/21x37Qj

NAMIC members from Mutual of Arkansas Insurance were in D.C. this week to meet with Sen. @JohnBoozman. They discussed issues relating to the property/casualty industry. #NAMICconnect #grassroots #NAMICccp

"A group of economists wants Congress to examine the booming business of third-party litigation funding, warning that current tax policy may be giving lawsuit investors an unfair advantage." dcjournal.com/economists-urg…

Severe repetitive loss properties represent 1% of flood insurance policies but as many as 25% of claims. This does not have to be the case. Better protecting communities before floods happen can save lives and reduce the risk and costs of flooding. brnw.ch/21x16L9

Illinois has a healthy, competitive insurance market built on science-based actuarial pricing. #SB1486 risks disrupting that balance with a one-size-fits-all approach -putting affordability and competition at risk. brnw.ch/21x0Uz1 #ILGA #Insurance

Illinois has a healthy, competitive insurance market built on science-based actuarial pricing. #SB1486 risks disrupting that balance with a one-size-fits-all approach -putting affordability and competition at risk. #ILGA #Insurance

Great news from Director @pulte that will lower insurance costs and expand access for homeowners. I led a letter on this issue last year and have appreciated working with @FHFA to address this burdensome mandate. Read our letter from last year here 👇

Fannie Mae and Freddie Mac Remove Certain Homeowners Insurance Requirements That Will Reduce Costs: fhfa.gov/news/news-rele…