On July 22nd, Senator Bob Menendez (D-NJ) and Senator Rand Paul (R-KY) introduced S. 2201, the Clarifying Law Around Insurance of Marijuana (CLAIM) Act. The CLAIM Act recognizes the need for a comprehensive federal safe harbor for insurers and insurance agents who sell insurance to both cannabis-related legitimate businesses and other commercial and personal lines …
Continue reading Cannabis Safe Harbor Insurance Bill Introduced
On July 19th, Congresswoman Cheri Bustos (D-IL) and Congressman Glenn “GT” Thompson (R-PA) announced the launch of the bipartisan Crop Insurance Caucus. The purpose of the Caucus is to educate Members of Congress and their staff on the importance of the federal crop insurance program as an integral part of our farm safety net. The …
On July 18, Senators Bob Menendez (D-NJ) and Bill Cassidy (R-LA) introduced bipartisan legislation, the National Flood Insurance Program Reauthorization and Reform Act of 2019 (S. 2187), to reauthorize the NFIP for five years. The bill’s 10 cosponsors are from both chambers and both sides of the aisle. A House companion bill (H.R. 3872) was introduced …
Continue reading New NFIP Bill Poses Threat to Agent Commissions
The Middle-Class Health Benefits Tax Repeal Act (H.R. 748) was passed by the House on July 17 by a vote of 419-6. The bill, sponsored by Reps. Joe Courtney (D-CT) and Mike Kelly (R-PA), would repeal the provision of the Affordable Care Act (ACA) often referred to as the “Cadillac tax,” which would impose a …
Continue reading House Passes PIA Top Priority, Repeal of Cadillac Tax
On Wednesday, July 17, the U.S. House of Representatives is scheduled to vote on a bill to repeal the provision of the Affordable Care Act (ACA) known to many as the “Cadillac Tax.” This top legislative priority for PIA National, H.R. 748, the Middle-Class Health Benefits Tax Repeal Act, is sponsored by Reps. Joe Courtney …
Continue reading PIA National Top Health Care Priority To Be Considered in House
Sean Duffy was elected to the United States House of Representatives in 2010 to represent Wisconsin’s 7th Congressional District. Rep. Duffy’s district spans Northwestern and much of central Wisconsin and covers 20 counties. Rep. Duffy obtained his BA from Saint Mary’s University of Minnesota and his JD from the William Mitchell College of Law. Prior …
Continue reading Member Spotlight: Congressman Sean Duffy (R-WI)
The National Association of Insurance Commissioners (NAIC) Insurance Data Security Model Law (MDL-668) was finalized in October 2017 and subsequently passed in South Carolina, Ohio, Michigan, Mississippi, and Alabama. Moreover, the NAIC model borrowed heavily from the New York Department of Financial Services Cybersecurity Regulation (23 N.Y.C.R.R. Part 500). The NAIC’s 2017 passage of its model law …
Continue reading States Enact Data Security Measures: Alabama
