On September 25, Congress once again avoided a government shutdown after reaching a short-term deal, called a continuing resolution (CR), to fund the federal government. Included in the agreement was an extension of the National Flood Insurance Program (NFIP). The NFIP, along with the rest of the federal government, will now be funded through December …
Month: September 2024
PIA Holds Annual Advocacy Day on Capitol Hill
Independent insurance agents from around the nation converged on Washington, D.C. on September 18 for PIA’s annual Advocacy Day. Agents met with Senators, Representatives, and congressional staff to discuss PIA’s key legislative issues. Among PIA’s top issues were building support for the Ensuring Access to Risk Management Act, a bipartisan bill requiring USDA’s Risk Management …
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Medicare Part D Plans to Eliminate Agent Commissions in 2025
The largest Medicare Part D (prescription drug) carrier recently announced its intent to eliminate independent agent commissions associated with Medicare Part D sales and renewals in 2025. These plans will also remove agents as the “agent of record” when they assist clients with the enrollment process. This decision jeopardizes seniors’ access to the expert guidance …
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