BW INSIGHTS

2021 Iowa Legislative Session - Week One Summary

The legislature convened for the 89th General Assembly Monday, welcoming 26 newly-elected lawmakers to the statehouse. With Republicans maintaining their majority in the Senate and expanding it in the House, the GOP will continue driving the state’s policy agenda for the next two years. In his opening remarks, House Speaker Pat Grassley (R-New... Read More

2020 NAIC Fall Meeting Summary

The National Association of Insurance Commissioners (NAIC) held its final 2020 meeting virtually over four days: 12/2-4 and 12/7-9. Following the activist agenda from the Summer meeting, this meeting was unremarkable. New officers were elected, and a few issues were decided but overall, it was non-controversial. 2020 NAIC Fall Meeting Summary Some... Read More

BrownWinick Serves as Supporter Organization for United Way 21-Day Equity Challenge

BrownWinick recently concluded its participation in United Way of Central Iowa’s 21-Day Equity Challenge. The Challenge, which took place from October 5 to November 2, served as a self-guided program in which participants were encouraged to engage in group discussion, explore ways to take action, and launch a lifelong commitment to improving... Read More

Center for Economic Justice Pleads Its Case for Overhauling the Life Insurance and Annuity Illustrations

At the November 10th, 2020 Life Insurance and Annuities “A” Committee meeting, Center for Economic Justice’s (CEJ) Executive Director Birny Birnbaum got another 20 minutes of airtime claiming, “Life insurance and annuity illustrations obscure instead of explaining, the operation of the policy or contract.” He reviewed a lengthy presentation during... Read More

“Spooky” Halloween Pumpkins

BrownWinick’s Charity Committee is thinking outside the box due to COVID to help non-profit organizations during this difficult time. So we put our heads together and came up with a more creative way to support one of our chosen non-profit organizations – Susan G. Komen Greater Iowa. The Pumpkin Decorating Contest was all VIRTUAL, with 1st, 2nd... Read More

Mark Cady Day of Public Service

On Friday, October 23, 2020, Iowa’s legal community held the inaugural Mark Cady Day of Service, honoring and celebrating the life of Justice Cady and his commitment to public service. There were various public service opportunities and BrownWinick decided to participate with a virtual food drive for the Food Bank of Iowa. The firm donated over... Read More

Market Conduct Analysis Statement Blanks (D) Working Group – Impacting Market Conduct surveillance – Accelerated Underwriting—putting the cart before the horse.

One of the working groups under the National Association of Insurance Commissioners (NAIC’s) Market Regulation and Consumer Affairs (D) Committee, the Market Conduct Annual Statement Blanks (D) Working Group’s goal is to collect uniform market conduct related data not otherwise available. To that end, the Blanks Working Group drafts and approves... Read More

2020 NAIC Summit Recap

The National Association of Insurance Commissioners (NAIC) hosted their 2020 Virtual Insurance Summit in a new two-week format during September 8-10 & 15-17, 2020. The Insurance Summit is hosted by NAIC and the National Insurance Producer Registry (NIPR). This premier event brings together innovators and regulators to explore the future of... Read More

Producers Receive Additional Relief for 2020 Crop Year with CFAP 2

The USDA released a Final Rule to announce the second round of the Coronavirus Food Assistance Program (CFAP 2) on Friday, September 18, 2020. Applications will be accepted through county FSA offices from Monday, September 21 through December 11, 2020, or until the allocated $14 billion runs out. So, what’s CFAP 2, and how does it compare to CFAP... Read More