PIA National is pleased that the House tonight passed H.R. 1595, the SAFE Banking Act of 2019 in a bipartisan vote of 321 - 103. Please see our press release here. As reported earlier this week, PIA National has been working to advance legislation that would provide a legal safe harbor for independent agents who engage in …
Continue reading Cannabis Bill Supported by PIA Passes House
Throughout the summer, PIA National has been working to advance legislation to protect insurance agents from prosecution for doing business with cannabis-related enterprises in states in which such businesses are legal. In July, the Clarifying Law Around Insurance of Marijuana (CLAIM) Act was introduced with PIA’s full support. The bill would provide a legal safe harbor for independent …
Continue reading Cannabis Bill Backed by PIA Set for House Vote
Nydia Velázquez is a Democratic Congresswoman who represents the 7th Congressional District of New York in the U.S. House of Representatives. Her metropolitan district is comprised of parts of Brooklyn, lower Manhattan, and Queens. Rep. Velázquez has served in the House since 1993, and she was the first Puerto Rican woman elected to the House …
Continue reading Member Spotlight: Congresswoman Nydia Velázquez
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
