PIA, Allies Call for Congressional Action on PPP Loan Forgiveness

PIA National, along with dozens of allies in the business community, sent a letter November 19 calling on congressional leaders to reform the Paycheck Protection Program (PPP) loan forgiveness process before the end of the year. The letter calls on Congress to pass the Paycheck Protection Program Small Business Forgiveness Act (S. 4117/H.R. 7777), championed …

Continue reading PIA, Allies Call for Congressional Action on PPP Loan Forgiveness

House Committee Holds Hearing on Insuring for a Pandemic

On November 19, the House Financial Services Subcommittee on Housing, Insurance and Community Development held a hearing entitled, “Insuring Against a Pandemic: Challenges and Solutions for Policyholders and Insurers.” This follows a September Congressional Roundtable that PIA National participated in, where we expressed our support for the Pandemic Risk Insurance Act (PRIA), H.R. 7011. In …

Continue reading House Committee Holds Hearing on Insuring for a Pandemic

Initial Election Results Are In, With Some Key States Still Unknown

President Donald J. Trump and former vice president Joseph R. Biden each failed to reach the key 270 electoral-vote threshold from the states that had reported decisive results by midnight on Election Day. The process to determine the winner in several states is ongoing, and we may not know who will be inaugurated in January …

Continue reading Initial Election Results Are In, With Some Key States Still Unknown

Senate Approves Bill that Includes NFIP Extension Until Sept. 2021

This evening, the U.S. Senate voted to pass a continuing resolution (CR) to fund the federal government through December 11, 2020 by a vote of 84-10. This follows action from the House, which cleared the measure on September 22.  In a key win for PIA members, the bill includes an extension of the National Flood Insurance Program (NFIP) until next year, …

Continue reading Senate Approves Bill that Includes NFIP Extension Until Sept. 2021

PPP Loan Forgiveness Effort is Stymied in Senate

Throughout the summer, PIA National advocated for legislation to improve the Paycheck Protection Program (PPP) loan forgiveness process. In recent weeks, we have been working with a loose coalition of business groups to urge the passage of bipartisan legislation introduced by Senator Kevin Cramer (R-ND).  This afternoon, S. 4117, the Paycheck Protection Small Business Forgiveness Act, was brought to the …

Continue reading PPP Loan Forgiveness Effort is Stymied in Senate

House Passes Flood Insurance Program Extension to Sept. 2021

The U.S. House voted 359-57 tonight to pass the continuing resolution (CR) legislation to fund the federal government to December 11th. As reported earlier today, the bill includes an extension of the National Flood Insurance Program (NFIP) until next year, to September 30th, 2021. The program is set to expire next week on September 30th.  The vote on the CR …

Continue reading House Passes Flood Insurance Program Extension to Sept. 2021

House Bill Would Extend Flood Program Until Sept. 2021

The U.S. House of Representatives is expected to consider a continuing resolution (CR) this week to fund the federal government until December 11. A vote could come as soon as today. Authority to fund the federal government runs out on Sept. 30, unless Congress acts.  Notable for PIA members is the inclusion in the CR of a short-term …

Continue reading House Bill Would Extend Flood Program Until Sept. 2021