House Passes NFIP Extension

The House this afternoon passed a continuing resolution (CR) to fund the federal government through December 16, 2022 by a vote of 230-201. An extension of the National Flood Insurance Program (NFIP), set to expire tonight, Friday, September 30 at 11:59pm, was included in the bill. The Senate passed the bill earlier this week. The CR …

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Senate Passes NFIP Extension to December 16

As reported earlier this week, the National Flood Insurance Program (NFIP) is set to expire at 11:59pm September 30 unless Congress extends it. The authority to fund the federal government also must be extended by tomorrow as well. This afternoon, the Senate passed a short-term government funding bill, known as a continuing resolution (CR), to …

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Member Spotlight: Sen. John Boozman (R-AR)

John Boozman was elected to the United States Senate in 2010. Prior to serving in the Senate, he represented the people of the Third District of Arkansas in the U.S. House of Representatives for eight years. Before his service in Congress, Sen. Boozman was an optometrist, owning a private practice with his brother. Sen. Boozman attended …

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PIA Action Alert: NFIP Set to Expire September 30, 2022

The National Flood Insurance Program (NFIP) is set to expire on September 30, 2022, unless its authorization is extended by Congress. The program’s most recent five-year reauthorization expired on September 30, 2017, nearly five years ago. Leading up to that deadline, the 115th Congress was unable to agree on reforms to the program. As a result, …

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PIA Action Alert: Tell Congress to Protect Medicare Recipients’ Access to Licensed Agents

The Centers for Medicare and Medicaid Services (CMS) recently finalized its updated Medicare Program: Contract Year 2023 Policy and Technical Changes to the Medicare Advantage and Medicare Prescription Drug Benefit Programs. The rule made significant changes to existing marketing requirements for both Medicare Advantage and Medicare Part D plans. PIA, along with other agent groups, …

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FIO Directives Excluded from Senate Funding Bill—For Now

As we noted last week, the House recently passed its Fiscal Year 2023 (FY23) Financial Services and General Government appropriations bill, which included several troubling directives to the Federal Insurance Office (FIO). The bill would have directed the FIO to gather data on property damage exclusions in homeowners’ and renters’ insurance policies, examine the impact …

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Recent Bills Threaten State Insurance Regulation

Recent Congressional activity has included the consideration of bills that threaten the effective state insurance regulatory system. First, the American Data Privacy and Protection Act (ADPPA) (H.R. 8152) passed out of the House Energy and Commerce committee earlier this week. The ADPPA would create a national standard for data privacy and, in doing so, preempt …

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Bill Introduced in Senate to Extend NFIP for One Year

Senator John Kennedy (R-LA) recently introduced S. 4533, the National Flood Insurance Program (NFIP) Extension Act of 2022, with Sens. Cindy Hyde-Smith (R-MS), Marco Rubio (R-FL), and Bill Cassidy (R-LA) as cosponsors. The legislation would prevent the NFIP from expiring on September 30, 2022 by extending it for one year until September 30, 2023. Throughout …

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Cannabis Safe Banking Passes House as Part of Defense Bill Once Again

The House of Representatives has again passed the SAFE Banking Act, a PIA top priority, for the 4th time this Congress. The SAFE Banking Act would protect insurance agents and carriers from federal prosecution doing business with cannabis-related enterprises in states in which such businesses are legal. Nearly every state has legalized cannabis to some degree. …

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