The five federal agencies with oversight over mortgage lenders are in the process of jointly issuing a final rule on private flood insurance. Treasury and the FDIC have already indicated their approval of the rule. If it is approved by the Federal Reserve, the Farm Credit Administration, and the NCUA, the final rule will become …
Author: Lauren Pachman
Counsel & Director of Regulatory Affairs
Twenty Percent Tax Deduction Available to Insurance Agents
In a major win for PIA National and small-business insurance agencies across the country, final regulations were issued on Friday, January 18, by the U.S. Treasury and the Internal Revenue Service (IRS) saying that, for the most part, insurance agents are permitted to take the 20 percent pass-through deduction provided by the tax law passed …
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Despite Christmastime Confusion, the NFIP is Up and Running
Here at PIA National, we work with Congress and the Federal Emergency Management Agency (FEMA) to help keep the National Flood Insurance Program (NFIP) up and running, particularly at times when the program undergoes its periodic reauthorizations by Congress. The last couple of weeks were particularly busy on that front, as the NFIP was scheduled …
Continue reading Despite Christmastime Confusion, the NFIP is Up and Running
