On December 20, Congress 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 will now be funded through March 14, 2025. This extension marks the 32nd short-term extension of the …
Month: December 2024
Rep. French Hill to Serve as Next House Financial Services Chair
Rep. French Hill (R-AR) has been tapped by his Republican colleagues to serve as the next chair of the House Financial Services Committee. Rep. Hill will replace retiring Rep. Patrick McHenry (R-NC). The House Financial Services Committee is the committee of jurisdiction for several of PIA’s Policy Priorities, including the reform or repeal of the …
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PIA Action Alert: Extend the NFIP
On December 10, PIA sent a letter to congressional leaders requesting that they reauthorize the National Flood Insurance Program (NFIP) beyond its current December 20 expiration date and for as long a period as possible. As the December deadline for the NFIP quickly approaches, your legislators need to hear from you, the members of the independent agent community, …
Court Strikes Down Overtime Rule: Key Takeaways
Last month, the U.S. District Court for the Eastern District of Texas struck down the Department of Labor (DOL) final rule on overtime, meaning that the rule is no longer in effect anywhere in the United States. This past spring, the final rule changed the procedures applicable to workers’ eligibility for overtime pursuant to the …
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