PIA Urges Funding for Flood Mapping Program

PIA National is actively engaged on numerous COVID-19-related legislative initiatives; at the same time, we continue to advocate on many other issues important to PIA members. As such, last week, we were pleased to sign on to a coalition letter urging congressional appropriators to provide strong funding for the Flood Hazard Mapping and Risk Analysis Program …

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House Passes Bill to Add Funds to CARES Act Programs

Tonight, the U.S. House passed H.R. 266 by a vote of 388-5. The legislation provides $321 billion to replenish the Paycheck Protection Program (PPP), which ran out of funds last week. Also included in the $484 billion dollar package is $75 billion for hospitals and $25 billion to broaden virus testing. The U.S. Senate passed …

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Senate Passes More Funding for CARES Act Small Business Programs

Today, by voice vote, the U.S. Senate passed legislation to provide over $300 billion more for the Paycheck Protection Program (PPP), which was created by the CARES Act. Last week, PIA National worked with a broad cross-section of business and insurance groups to send a letter to Congressional leadership requesting more funding for the PPP, …

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PIA Works with House Allies to Oppose Business Interruption Proposals

PIA National has continued to push back against any proposal to retroactively change business interruption (BI) provisions to have them cover coronavirus-related losses. Last week, we worked with a group of Senators on a letter to the administration, highlighting their concerns with that approach. This week, we were pleased to support two letters from U.S. House Members …

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PIA Calls for More Funding for CARES Act Loan Program

PIA National was joined this week by a broad cross section of business groups in authoring a letter to Congressional leadership calling for more funding for the Paycheck Protection Program (PPP) created by the CARES Act. The PPP section of the CARES Act provides businesses with low interest loans, which, under certain circumstances, can be …

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PIA Opposes House Business Interruption Legislation

PIA National today came out strongly against two separate bills introduced by Reps. Mike Thompson (D-CA) and Brian Fitzpatrick (R-PA); each would empower the federal government to rewrite existing business interruption (BI) insurance provisions drafted with otherwise applicable exclusions. PIA National has communicated with Congressional offices to express our concerns that such proposals purport to …

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Senators Caution Against Retroactive Business Interruption

As part of PIA National’s advocacy work on legislation related to the coronavirus, we have worked with a group of senators on a letter that was sent to the White House today, asking the administration to reject any proposal in upcoming coronavirus legislation that would undermine existing insurance practices, namely the retroactive finding of business …

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