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2014: GA01312014_FIOhearing The Big "I" provides numerous resources to assist consumer and general business writers, editors and producers with insurance-related or small business-related stories. IIABA has knowledgeable staff sources as well as hundreds of local agent spokespeople located in communities across the nation who are available to answer questions from reporters and serve as news sources on insurance-related consumer issues.
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Big “I” to Testify Before Congress on Insurance Regulation
Government Affairs Committee chair to represent association before House Financial Services Committee.
sc_jensen_pres (2).jpgWASHINGTON, D.C., Jan. 31, 2014 - The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”), will testify on Tuesday, Feb. 4, 2014 before the U.S. House of Representatives Committee on Financial Services Subcommittee on Housing and Insurance at a hearing titled “The Federal Insurance Office’s Report on Modernizing Insurance Regulation.”
 
WHO:  Jon Jensen, chairman of the Big “I” government affairs committee; independent insurance agent from South Carolina
 
WHAT:  Testify before the U.S. House of Representatives Committee on Financial Services Subcommittee on Housing and Insurance at a hearing titled “The Federal Insurance Office’s Report on Modernizing Insurance Regulation.”
 
WHEN:  Tuesday, Feb. 4, 2014
 
TIME:  10:00 a.m. Eastern
 
WHERE:  2128 Rayburn House Office Building
              Washington, D.C. 20515
 
WEBCAST:
For more information and to watch the hearing live, click HERE or go to: http://financialservices.house.gov/calendar/eventsingle.aspx?EventID=368079
 
ADDITIONAL INFORMATION:
In late December, the Federal Insurance Office (FIO) released the long-overdue report on “Ways to Modernize and Improve the System of Insurance Regulation in the United States.” The report, originally due in January 2012, was mandated by the Dodd-Frank Wall Street Reform Act of 2010 (Dodd-Frank) which created FIO. The hearing will discuss the report’s findings and will include two panels: the first will be a government panel and the second will include the Big “I” and other industry representatives.

Jon Jensen, an independent agent from South Carolina and Big “I” Government Affairs Committee chairman, will represent the association. He is president of Correll Insurance Group, headquartered in Spartanburg, S.C.
 
Founded in 1896, the Big “I” is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of more than a quarter of a million agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance—property, casualty, life, health, employee benefit plans and retirement products. Web address: www.independentagent.com.
 
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