PIA National has led the insurance industry on the movement to repeal the Federal Insurance Office (FIO), and we’re pleased that Rep. Alex Mooney (R-WV) has reintroduced H.R. 1862, legislation to repeal the Federal Insurance Office (FIO). PIA National has worked closely with Rep. Mooney on developing this legislation. Building support for it will be …
Continue reading FIO Repeal Bill, PIA Top Priority, Introduced
PIA National is building on our major win from earlier this year that ensured independent insurance agents could qualify for the 20 percent deduction for passthroughs. PIA National aggressively advocated for this tax relief for passthrough entities after the tax reform law (P.L. 115-141) was passed in December 2017. We advocated for the language that …
Continue reading PIA National Continues to Lead on Passthrough Tax Deduction
The National Association of Professional Insurance Agents (PIA National) is optimistic about four draft bills that were recently released by House Financial Services Committee Chairwoman Maxine Waters (D-CA). Each of the released bills pertains to one of four categories: mitigation, mapping, administrative reform, and a foundational bill that reauthorizes the program for five years, forgives …
Continue reading PIA National Succeeds in Keeping Agent Commission Cut Out of Draft NFIP Legislation
PIA National is strongly opposed to an action taken by the administration that seeks to allow the sale of health insurance across state lines. In October 2017, President Trump issued an executive order (EO #13813), directing federal agencies to consider ways to increase competition and consumer choice in health care. In accordance with this executive …
Continue reading PIA Opposes Proposal to Allow Sale of Health Insurance Across State Lines
Today, President Trump released his FY 2020 budget proposal. In it, he proposes a 15% cut to the U.S. Department of Agriculture. Within that decrease in funding are steep cuts to the federal crop insurance program. The budget proposes to cut crop insurance by nearly $26 billion over the next 10 years. There are three …
Continue reading PIA Opposes Proposed Budget Cuts to Crop Insurance
Patrick McHenry was first elected to the U.S. House of Representatives in 2004 to represent the 10th Congressional District of North Carolina. He represents all or parts of eight counties in western North Carolina, from the suburbs of Charlotte to Asheville. Rep. McHenry received a B.A. in history from Belmont Abbey College and served in …
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