NAMIC

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…

Chairman @SenatorTimScott applauds FHFA’s common sense action to remove costly, unnecessary insurance requirements on Fannie Mae and Freddie Mac loans. Lower costs mean lower monthly payments and more families able to achieve homeownership, especially in rural and condo markets.

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

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

Major Win!

Families deserve the freedom to decide which insurance plan works best for them, yet the Biden Administration took this choice away. I'm grateful to President Trump for listening to my concerns and repealing these harmful mandates—empowering more Americans to become homeowners.

Greatly appreciate @RepAndyBarr for underscoring the financial strain the GSE mandate would have placed on families. His engagement has been essential in protecting consumers in Kentucky and across the country. 🐎✅ brnw.ch/21x0QN7 #NAMICConnects #Housing

NAMIC thanks @SenEricSchmitt for his sharp focus on the real-world costs of the GSE mandate. His advocacy has been a key driver in making home affordability a top priority for policymakers. 📢⚖️ brnw.ch/21x0QN4 #NAMICConnects #Insurance

Thank you, @RepMcDowell, for being a champion for rural communities. By highlighting the GSE mandate’s threat to affordability, your leadership helped ensure that the dream of homeownership remains in reach for all. 🌾🏠 brnw.ch/21x0QN3 #NAMICConnects #ConsumerChoice

Gratitude to @USRepMikeFlood for leading the charge against the GSE mandate. His tireless work with the Financial Services Committee has been vital in protecting families from rising costs and keeping homeownership attainable. 🛡️💼 brnw.ch/21x0QN2 #NAMICConnects

Big win for homeowners! NAMIC applauds @FHFA Director @Pulte for his bold leadership in revoking the GSE coverage mandate. By prioritizing consumer choice over costly mandates, he is restoring affordability for families nationwide. 🏠🙌 brnw.ch/21x0QMZ #NAMICConnects

BIG WIN for Utah!🛑SB 211 is officially on pause. Why it matters: ✅ Protects consumers from premium hikes ✅ Stops inflated medical "sticker prices" ✅ Supports a competitive business climate NAMIC is proud to lead the charge for affordability in the Beehive State. 🐝🏛️ The details: namic.org/news/260310mr0… #NAMICConnects #Utah #PolicyAlert

New on #InsuranceUncovered: Illinois’ SB 1486 — the Senate version of HB 3799 — has stalled, new amendments are emerging, and its future could be decided soon. NAMIC RVP Brian Christenberry breaks down what’s at stake. Listen: namic.org/podcast/afford… #NAMICConnects

NAMIC RVP Sean McLaughlin testified in NY on the governor’s budget, supporting anti‑fraud and litigation reforms for auto insurance affordability while opposing the homeowners benchmark loss‑ratio proposal, which could weaken risk‑based pricing and market stability. More here: youtu.be/ItyJ7OD5Tm4 #NAMICConnects