PIA National was joined by other insurance trades in a letter to the House Financial Services subcommittee on Oversight and Investigations in advance of its hearing this week on “Examining Discrimination in the Automobile Loan and Insurance Industries.” This hearing follows legislation (H.R. 1756) introduced by Rep. Rashida Tlaib (D-MI) that would prohibit auto insurance …
Continue reading PIA Defends Auto Insurance Industry in Letter to House
The National Association of Insurance Commissioners (NAIC) Insurance Data Security Model Law (MDL-668) was finalized in October 2017 and subsequently passed in South Carolina, Ohio, Michigan, and Mississippi. Moreover, the NAIC model borrowed heavily from the New York Department of Financial Services Cybersecurity Regulation (23 N.Y.C.R.R. Part 500). The NAIC’s 2017 passage of MDL-668 set …
Continue reading States Enact Data Security Measures: South Carolina
Earlier this year, Senate Banking Committee Chair Sen. Mike Crapo (R-ID) teamed up with Committee ranking member Sherrod Brown (D-OH) to request feedback from interested parties on the privacy, protection, and collection of sensitive information by financial regulators and private companies. In the leaders' statement accompanying the solicitation, they cited the Equifax breach as an …
Continue reading PIA National Responds to Senate Banking Request for Data Privacy Feedback
Only a week after the 2019 PIA Federal Legislative Summit (FLS), Senator Steve Daines (R-MT), has introduced a PIA National priority, S. 1149, the "Main Street Tax Certainty Act of 2019," to make permanent the 20 percent tax deduction available to passthrough entities. S.1149 is the companion bill to H.R. 216, bipartisan House legislation introduced …
PIA National is pleased to name Representative Billy Long (R-MO) the 2019 Legislator of the Year for his long-standing effort to ensure the role of independent insurance agents in delivering healthcare to consumers. Representative Long represents the 7thCongressional District of Missouri in the U.S. House of Representatives. First elected to Congress in 2011, Rep. Long …
Continue reading PIA 2019 Legislator of the Year, Rep. Billy Long
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