Producers Face Tough Battles In 2003
Many of the battles that agents and brokers fought in 2002–license reciprocity, finding places to put business in a hard market, wrangling over privacy issues–will continue to rage in the year ahead, producer association representatives warn.
At the top of the agenda will be reauthorization of the flood insurance program, which the U.S. House of Representatives neglected to take care of in the closing days of the 107th Congress. Agent representatives have said they will quickly move to pass legislation in the first days of the 108th Congress to reauthorize the program and restore coverage before a disaster befalls their clients and the lack of coverage begins to affect the economy.
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