On January 24th, Reps. Joe Courtney (D-CT), Mike Kelly (R-PA), Suzan DelBene (D-WA), and Elise Stefanik (R-NY) reintroduced the bipartisan Middle Class Health Benefits Repeal Act of 2019 (H.R. 748) in the U.S. House. This legislation would repeal the excise tax on high-cost employer-sponsored health coverage known as the “Cadillac Tax.” PIA National strongly supports …
Continue reading PIA-Supported Legislation to Repeal the Cadillac Tax Introduced
The five federal agencies with oversight over mortgage lenders are in the process of jointly issuing a final rule on private flood insurance. Treasury and the FDIC have already indicated their approval of the rule. If it is approved by the Federal Reserve, the Farm Credit Administration, and the NCUA, the final rule will become …
The new Congress that began January 3rd brought with it not just a turnover in power in the U.S. House of Representatives, but also a wave of new members to the House Financial Services Committee, including a new chairwoman and top Republican. The new chairwoman of the committee is Rep. Maxine Waters (D-CA). The shift in …
Continue reading Big Ideas and Partisan Agendas: House Financial Services Committee Changes Hands
In a major win for PIA National and small-business insurance agencies across the country, final regulations were issued on Friday, January 18, by the U.S. Treasury and the Internal Revenue Service (IRS) saying that, for the most part, insurance agents are permitted to take the 20 percent pass-through deduction provided by the tax law passed …
Continue reading Twenty Percent Tax Deduction Available to Insurance Agents
FLS Registration Now Open! Each year, PIA agents from around the country come to Washington, D.C. to attend PIA National’s annual congressional fly-in known as the Federal Legislative Summit, or FLS. The FLS is your opportunity to represent the independent agent profession on issues that impact your business. While the government relations staff at PIA …
Collin Peterson (D) represents the 7th Congressional District of Minnesota in the U.S. House of Representatives. His district is the largest in the state and is largely rural. First elected in 1990, Rep. Peterson has been a consistent voice on agriculture issues in Congress. He served on the House Agriculture Committee as Chairman from 2007-2011 …
Continue reading Member Spotlight: Representative Collin Peterson of Minnesota
The 116th Congress was sworn into office today, January 3rd, 2019. This new Congress brings a divided Congress to Washington, D.C. for the first-time during President Trump’s administration. The Democratic party is now in control of the U.S. House of Representatives with a makeup of 235-199 (with one seat remaining unoccupied because its result remains …
Here at PIA National, we work with Congress and the Federal Emergency Management Agency (FEMA) to help keep the National Flood Insurance Program (NFIP) up and running, particularly at times when the program undergoes its periodic reauthorizations by Congress. The last couple of weeks were particularly busy on that front, as the NFIP was scheduled …
Continue reading Despite Christmastime Confusion, the NFIP is Up and Running
