Members of the PIA of Virginia held meetings this week with their congressional delegation as part of PIA’s 2022 Advocacy Day. In their meetings, the PIA of Virginia explained to their elected representatives why the state insurance regulatory system is successful and why a major threat to that system – the Federal Insurance Office (FIO) -- …
Continue reading PIA Virginia Urges Repeal of Federal Insurance Office
The Biden administration released its fiscal year 2023 (FY23) budget request on March 28. The budget request includes $31.13 billion in discretionary spending for the U.S. Dept. of Agriculture for the next fiscal year, $2.6 billion more than fiscal year 2022 levels, according to the department. Most notably for PIA, for the second year in …
Continue reading No Cuts to Crop Insurance in Budget Request for Second Straight Year
This week, members of the PIA Texas met with the offices of their congressional delegation as part of PIA’s 2022 Advocacy Day. In their meetings, the PIA Texas members drew lawmakers’ attention to several of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry and the need to repeal the Federal …
PIA strongly supports the Flood Insurance Pricing Transparency Act, a bill introduced this week by Sens. Bill Cassidy (R-LA) and Kirsten Gillibrand (D-NY). FEMA recently updated the risk rating methodology it uses to price flood insurance premiums for policies issued by the National Flood Insurance Program (NFIP). The new methodology, known as Risk Rating (RR) …
Continue reading PIA Supports Bill to Create Transparency in RR 2.0 Rates
This week, PIA joined 250 organizations and individuals in the advocacy profession to urge House and Senate leadership to reopen the Capitol office buildings to the public. The request was organized by the National Institute for Lobbying and Ethics (NILE), an organization representing professionals in lobbying, public policy, and government affairs. NILE has been leading …
Continue reading PIA Joins Call to Reopen Capitol Hill to the Public
The U.S. Senate passed a $1.5 trillion omnibus federal government spending package Thursday night to fund the federal government to September 30, 2022. An extension of National Flood Insurance Program (NFIP) was included in this bill, also to September 30. The House passed the bill on March 9. The bill now goes to the White …
Continue reading Senate Passes NFIP Extension to September 30
Members of the PIA of Louisiana met with members of their congressional delegation earlier this week to discuss the risk rating methodology, known as Risk Rating (RR) 2.0, now being used by the National Flood Insurance Program (NFIP) and its effect on communities around Louisiana. PIA of Louisiana also highlighted the need for a long-term …
Continue reading PIA of Louisiana Meets with Congress on Risk Rating 2.0, NFIP Reauthorization
The U.S. House passed a $1.5 trillion omnibus federal government spending package to fund the federal government to September 30, 2022. An extension of National Flood Insurance Program (NFIP) was included in this bill, also to September 30. The measure now heads to the Senate, which needs to pass it before midnight tomorrow, March 11, …
Members of the PIA of Florida spent this week urging members of their Congressional delegation to pass a long-term reauthorization of the National Flood Insurance Program (NFIP) as part of PIA’s 2022 Advocacy Day. Their efforts this week were part of PIA’s 2022 series of year-round, state-specific advocacy events that offer agents the chance to …
Continue reading PIA of Florida Urges NFIP Reauthorization & Updates Hill on Risk Rating 2.0
PIA Advocacy Blog 