PIA Asks Dept. of Labor to Implement Revised “Independent Contractor” Definition as Planned

PIA joined a coalition of allies earlier this week in sending a letter to the Wage and Hour Division of the Department of Labor (DOL), asking the DOL not to withdraw the final rule revising its interpretation of Independent Contractor Status, which was published on January 7, 2021 in accordance with the Fair Labor Standards …

Continue reading PIA Asks Dept. of Labor to Implement Revised “Independent Contractor” Definition as Planned

PIA Releases 2021 Issues of Focus for Advocacy Day

PIA has released its 2021 Issues of Focus in preparation for its upcoming Advocacy Day, formerly known as the Federal Legislative Summit (FLS). PIA members will highlight these issues during their meetings with their elected representatives on Advocacy Day. PIA deploys its grassroots advocacy resources throughout the year on countless issues of importance to independent insurance agents. …

Continue reading PIA Releases 2021 Issues of Focus for Advocacy Day

NFIP Risk Rating 2.0 Released

On April 1, the Federal Emergency Management Agency (FEMA) unveiled changes, commonly referred to as Risk Rating 2.0, to the National Flood Insurance Program (NFIP). Risk Rating 2.0 is meant to provide more specific, accurate information about the flood risk associated with properties covered by the NFIP. Materials released by FEMA show that Risk Rating …

Continue reading NFIP Risk Rating 2.0 Released

Employment Status of Independent Agents Threatened

On March 9, the U.S. House passed H.R. 842, the Protecting the Right to Organize (PRO) Act, mostly along party lines, as expected. The PRO Act’s intention is to reform current labor law in a variety of areas. For PIA members, the bill’s most significant provision would amend the National Labor Relations Act (29 U.S.C. …

Continue reading Employment Status of Independent Agents Threatened

PIA Supports Cannabis Safe Harbor Legislation

PIA has been advocating to protect insurance agents from federal prosecution for doing business with cannabis-related enterprises in states in which such businesses are legal. Nearly every state has legalized cannabis to some degree. That said, PIA does not take a position on the legalization of cannabis and views this issue strictly a matter of …

Continue reading PIA Supports Cannabis Safe Harbor Legislation

PPP Extension Act Passes House

On the evening of March 16, the U.S. House passed H.R. 1799, the PPP Extension Act of 2021, by a vote of 415-3. PIA supports this bipartisan legislation and has been advocating for its passage, along with a broad coalition of business groups, which would extend the Paycheck Protection Program (PPP) beyond its current expiration …

Continue reading PPP Extension Act Passes House

PIA Supports PPP Extension Bill

PIA is working with a large coalition of business groups to support legislation that would extend the timeframe in which small businesses can apply for Paycheck Protection Program (PPP) loans and in which the Small Business Administration (SBA) may process the applications. The push to pass the PPP Extension Act of 2021 is led by …

Continue reading PIA Supports PPP Extension Bill

Temporary Paycheck Protection Program Limits Imposed by Biden Admin

As we mentioned last month, the December 2020 COVID relief package, formally known as the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act[1], has reanimated the previously-dormant Paycheck Protection Program (PPP), originally created by the CARES Act nearly a year ago. Last week, the Biden administration announced that the PPP will be available only to the nation’s …

Continue reading Temporary Paycheck Protection Program Limits Imposed by Biden Admin