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 …
Tag: Federal Insurance Office (FIO)
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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FIO Intensifies Inquiry into Climate-Related Insurance Risk
The Federal Insurance Office (FIO) recently sent a preliminary email to insurance regulators in all 50 states, asking what data they have that would show insurance coverage, liabilities, and losses for each ZIP code in their states over the past five years. The data FIO seeks will help the office assess whether insurers are refusing …
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PIA Wisconsin Advocates for 2022 Priorities
Members of the PIA of Wisconsin met this week with members of their Congressional delegation on a number of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry and the need to repeal the Federal Insurance Office (FIO), the importance of making the 20 percent tax deduction for passthrough …
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Wyoming PIA members Advocate on Tax, Flood, and FIO Repeal
PIA members from Wyoming met with the offices of their congressional delegation this week as part of PIA’s 2022 series of year-round, state-specific advocacy events. In their meetings, agents drew lawmakers’ attention to several of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry and the need to repeal the Federal Insurance …
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PIA Michigan Advocates for 2022 Priorities
This week, members of the PIA of Michigan met with the offices of their congressional delegation as part of PIA’s 2022 series of year-round, state-specific advocacy events. In their meetings, the PIA of Michigan members drew lawmakers’ attention to several of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry …
PIA North Carolina Touts State Regulation of Insurance
Members of the PIA of North Carolina held meetings this week with their congressional delegation as part of PIA’s 2022 Advocacy Days. In their meetings, the PIA of North Carolina highlighted the importance of the state insurance regulatory system and urged their elected representatives to cosponsor legislation to repeal the Federal Insurance Office (FIO). PIA supports …
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PIA Virginia Urges Repeal of Federal Insurance Office
Members of the PIA of Virginia held meetings this week with their congressional delegation as part of PIA’s 2022 Advocacy Day. In their meetings, the PIA of Virginia explained to their elected representatives why the state insurance regulatory system is successful and why a major threat to that system – the Federal Insurance Office (FIO) -- …
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PIA Texas Advocates for 2022 Priorities
This week, members of the PIA Texas met with the offices of their congressional delegation as part of PIA’s 2022 Advocacy Day. In their meetings, the PIA Texas members drew lawmakers’ attention to several of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry and the need to repeal the Federal …
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