The Senate Banking, Housing and Urban Affairs Committee held a hearing on January 25 entitled, “Reauthorization of the National Flood Insurance Program: Local Perspectives on Challenges and Solutions.” PIA submitted written testimony for the record for the hearing, noting our support for the NFIP because it provides critical flood insurance coverage and post-disaster relief to residential and …
Continue reading PIA Submits Testimony on Flood Insurance for Senate Banking Committee Hearing
Congress avoided a partial government shutdown this week by passing a short-term spending bill, known as a continuing resolution (CR), through both the House and the Senate. In a departure from precedent, lawmakers had been confronting not one but two government shutdown threats—on January 19 and February 2. Congress last passed a CR in November; the …
Continue reading Congress Passes Short-Term Spending Bill with NFIP Extension to Avert Shutdown
The PIA Government Relations staff has reviewed PIA’s past policy positions and Congress’s current priorities, and, in consultation with PIA members across the country, we have developed our 2024 Policy Priorities. While the items below are our top priorities for this year, PIA is always working to promote the interests of our independent agent members, …
PIA, along with other insurance industry stakeholders, sent a letter to congressional leaders in support of legislation to amend the Consumer Financial Protection Act of 2010 to clarify the Consumer Financial Protection Bureau’s (CFPB) regulatory authority within the business of insurance. CFPB was created in 2011 to protect consumers in the financial sector, and its …
Continue reading PIA Urges Clarification of Insurance’s Exemption from CFPB Regulation
In the latest entry in our commissioner spotlight series, we are focusing on the head of the Connecticut Insurance Department (CID), Andrew Mais. Commissioner Mais has led the CID since 2019, when he was appointed to the post by CT Governor Ned Lamont. Earlier this year, Governor Lamont reappointed Commissioner Mais to a 2nd term …
Continue reading Commissioner Spotlight: Connecticut Insurance Commissioner Andrew Mais
