PIA National Succeeds in Keeping Agent Commission Cut Out of Draft NFIP Legislation

The National Association of Professional Insurance Agents (PIA National) is optimistic about four draft bills that were recently released by House Financial Services Committee Chairwoman Maxine Waters (D-CA). Each of the released bills pertains to one of four categories: mitigation, mapping, administrative reform, and a foundational bill that reauthorizes the program for five years, forgives …

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PIA Opposes Proposed Budget Cuts to Crop Insurance

Today, President Trump released his FY 2020 budget proposal. In it, he proposes a 15% cut to the U.S. Department of Agriculture. Within that decrease in funding are steep cuts to the federal crop insurance program. The budget proposes to cut crop insurance by nearly $26 billion over the next 10 years. There are three …

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Member Spotlight: Senator Sherrod Brown, Ranking Member of Senate Banking Committee

Sherrod Brown (D) is a U.S. senator from the state of Ohio. First elected to the Senate in 2006, Sen. Brown is now the top Democrat, or Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, which has jurisdiction over most insurance issues. He is continuing in that role after becoming Ranking Member …

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PIA National Advocates Against Cuts to Crop Insurance

This week, PIA National signed onto letters sent to Agriculture Secretary Sonny Perdue and the House and Senate Budget Committees, urging them to protect crop insurance during budget negotiations. The letter, which has over 50 signatories representing insurance and agriculture organizations, discusses how the 2018 Farm Bill emphasizes the importance of crop insurance as a …

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Member Spotlight: Maxine Waters, Chairwoman of House Financial Services Committee

Maxine Waters (D) represents the 43rd district of California in the U.S. House of Representatives. Rep. Waters was first elected to the House in 1990. She is the chairwoman of the House Financial Services Committee, which has jurisdiction over most insurance issues. She is continuing as the leader of the Democrats on House Financial Services. …

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Member Spotlight: Senator Mike Crapo, Chairman of Senate Banking Committee

Mike Crapo (R) is a senator from the state of Idaho in the United States Senate. First elected to the Senate in 1998, Sen. Crapo is the chairman of the Senate committee that has jurisdiction over most insurance issues, the Banking, Housing and Urban Affairs Committee. He is continuing in that role after becoming chair …

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PIA-Supported Legislation to Repeal the Cadillac Tax Introduced

On January 24th, Reps. Joe Courtney (D-CT), Mike Kelly (R-PA), Suzan DelBene (D-WA), and Elise Stefanik (R-NY) reintroduced the bipartisan Middle Class Health Benefits Repeal Act of 2019 (H.R. 748) in the U.S. House. This legislation would repeal the excise tax on high-cost employer-sponsored health coverage known as the “Cadillac Tax.” PIA National strongly supports …

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