Commissioner Spotlight: South Carolina Director Ray Farmer

In the latest entry in our Commissioner Spotlight series, we are focusing on the head of the South Carolina Department of Insurance (SCDOI), Director Ray Farmer. Dir. Farmer served as vice president of the American Insurance Association (AIA, now APCIA), a trade association for insurance carriers. He spent the early part of his regulatory career as …

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Loan Forgiveness and the Paycheck Protection Program

Earlier this year, the U.S. Small Business Administration (SBA) issued an interim final rule (IFR) regarding the process for appealing SBA loan decisions under the Paycheck Protection Program (PPP). This IFR sets forth the process for a PPP borrower to appeal certain SBA loan review decisions made in connection with a PPP loan to the …

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Senate Approves Bill that Includes NFIP Extension Until Sept. 2021

This evening, the U.S. Senate voted to pass a continuing resolution (CR) to fund the federal government through December 11, 2020 by a vote of 84-10. This follows action from the House, which cleared the measure on September 22.  In a key win for PIA members, the bill includes an extension of the National Flood Insurance Program (NFIP) until next year, …

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PPP Loan Forgiveness Effort is Stymied in Senate

Throughout the summer, PIA National advocated for legislation to improve the Paycheck Protection Program (PPP) loan forgiveness process. In recent weeks, we have been working with a loose coalition of business groups to urge the passage of bipartisan legislation introduced by Senator Kevin Cramer (R-ND).  This afternoon, S. 4117, the Paycheck Protection Small Business Forgiveness Act, was brought to the …

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House Passes Flood Insurance Program Extension to Sept. 2021

The U.S. House voted 359-57 tonight to pass the continuing resolution (CR) legislation to fund the federal government to December 11th. As reported earlier today, the bill includes an extension of the National Flood Insurance Program (NFIP) until next year, to September 30th, 2021. The program is set to expire next week on September 30th.  The vote on the CR …

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House Bill Would Extend Flood Program Until Sept. 2021

The U.S. House of Representatives is expected to consider a continuing resolution (CR) this week to fund the federal government until December 11. A vote could come as soon as today. Authority to fund the federal government runs out on Sept. 30, unless Congress acts.  Notable for PIA members is the inclusion in the CR of a short-term …

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PIA Urges Congress to Streamline PPP Loan Forgiveness Process

PIA National, along with a broad coalition of business groups, has sent a letter to Congressional leadership to urge them to pass legislation that would improve the Paycheck Protection Program (PPP) loan forgiveness process.  With Congress in a stalemate on the passage of a larger COVID-19 relief package, PIA National has joined with a large alliance of business …

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PIA Participates in Congressional Roundtable on Future Pandemics

Throughout the summer, PIA National has been focused on providing immediate relief to small businesses, enabling them to survive in the current economic climate. We have engaged in sustained advocacy for more funding and vital reforms to the Paycheck Protection Program (PPP), making it more useful to small businesses. We are actively pursuing the inclusion …

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