Last week, Lauren Pachman, PIA’s counsel and director of regulatory affairs, participated in a panel discussion hosted by the National Flood Association (NFA), on whose board she serves. She was joined on the panel by Chris Brown of Mindset, Brett Hewitt of the American Property Casualty Insurance Association (APCIA), Travis Johnson of 1607 Strategies, and …
Author: Lauren Pachman, Counsel & Director of Regulatory Affairs
FTC Proposal Would Ban Noncompete Agreements
Last week, the Federal Trade Commission (FTC) issued a Notice of Proposed Rulemaking (NPRM) that would ban employers from entering into noncompete agreements with their employees. A noncompete agreement or clause is a contract or contract term, typically between an employer and an employee, that prevents the employee from working for a competitor or starting …
Continue reading FTC Proposal Would Ban Noncompete Agreements
Omnibus Heads to Biden’s Desk for Signature
The federal government is currently on the precipice of finalizing a sweeping, $1.7 trillion omnibus funding package, just in time to prevent a looming government shutdown, which would have begun at midnight tonight. Funding the government through the end of the current fiscal year was the final item on the 117th Congress’s agenda. The omnibus …
Continue reading Omnibus Heads to Biden’s Desk for Signature
Flood Insurance Regulatory Update
Federal Emergency Management Agency (FEMA) Independent insurance agents deeply focused on the National Flood Insurance Program (NFIP) may already know that, on October 1, the most recently published version of the Flood Insurance Manual took effect. FEMA also recently solicited feedback on the use of Elevation Certificates and Floodproofing Certificates by communities participating in the …
PIA Asks Senate to Reject ENABLERS
Recently, PIA joined a coalition of trade associations in a letter to Senate Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-KY) expressing our opposition to the Establishing New Authorities for Business Laundering and Enabling Risks to Security (ENABLERS) Act, which passed the House as part of this year’s National Defense Authorization Act …
FEMA Stokes Agent Concern Over Online NFIP Sales Proposal
Recently, the procurement office of the Federal Emergency Management Agency (FEMA) quietly issued a request for information (RFI) regarding a proposal to offer consumers the option of purchasing a National Flood Insurance Program (NFIP) policy online. The RFI provides some background on the history of the NFIP and its recent implementation of its Risk Rating …
Continue reading FEMA Stokes Agent Concern Over Online NFIP Sales Proposal
Cannabis Safe Harbor: Up for Grabs … or Up in Smoke?
When we announced the passage of a cannabis safe harbor bill as a 2022 legislative priority again this year, we did not expect the SAFE Banking Act to pass the House a third time this Congress and still not make it out of the Senate, but here we are, at least today. As you may …
Continue reading Cannabis Safe Harbor: Up for Grabs … or Up in Smoke?
NAIC Spring Meeting Update
Recently the National Association of Insurance Commissioners (NAIC) held its Spring National Meeting in the city in which it is headquartered: Kansas City, Missouri. PIA was represented at both the Board of Directors meeting of the National Insurance Producer Registry (NIPR) and elsewhere during the NAIC meeting. During the NIPR meeting, the Board took advantage …
NFA Conference, Note on Statutory Caps, & Upcoming Trainings: A Flood Roundup
PIA recently joined the National Flood Association (NFA), and, late last month, Lauren Pachman, PIA’s Counsel & Director of Regulatory Affairs, represented PIA at the NFA’s annual conference in Scottsdale, Arizona. The event assembled experts across all aspects of flood insurance for a two-and-a-half-day conference, where attendees learned not only from the specialists lined up …
Continue reading NFA Conference, Note on Statutory Caps, & Upcoming Trainings: A Flood Roundup
PIA Asks DOL to Hold Stakeholder Meetings Before Proposing Changes to Overtime Exemptions
Last week, PIA joined a coalition of allies in sending a letter to the Wage and Hour Division of the Department of Labor (DOL), asking the DOL to hold meetings with stakeholders in the regulated communities before issuing a Notice of Proposed Rulemaking (NPRM) proposing updates to the Fair Labor Standards Act (FLSA)’s exemptions of …