On July 4th, President Donald Trump signed into law key PIA policy priorities, delivering a significant victory for independent insurance agents. The 20% qualified business income (QBI) passthrough tax deduction, which was set to expire at the end of 2025, was made permanent by the enacted legislation. The countless PIA members who have benefited from …
Tag: AI
Take Action: PIA Urges Senate to Reject 10-Year Moratorium on State AI Regulation
On June 16, PIA sent a letter to Senate leadership urging them to reject language that would place a 10-year moratorium on any state-level legislative or regulatory action relating to artificial intelligence (AI). The business of insurance has been successfully regulated at the state level for over a century, and the McCarran-Ferguson Act of 1945 …
Continue reading Take Action: PIA Urges Senate to Reject 10-Year Moratorium on State AI Regulation