Photo by Beate Vogl on Pexels.com In April, PIA sent a letter to Representatives Brett Guthrie (R-KY) and John Joyce (R-PA), the chairman and vice-chairman of the House Energy and Commerce Committee, in response to their Request for Information (RFI) to explore the development of a federal data privacy and security framework. Earlier this year, the two established …
Continue reading PIA to Congress: Let States Regulate Insurance Data Privacy
Without Congressional action, the National Flood Insurance Program (NFIP) will expire after March 14. With the deadline quickly approaching, your legislators need to hear from you, the members of the independent agent community, that the NFIP urgently needs to be reauthorized. The history of NFIP extensions has been messy. In 2017, the NFIP’s last five-year …
On August 20, the U.S. District Court for the Northern District of Texas set aside the finalized Federal Trade Commission (FTC) regulation banning non-compete agreements. In its ruling, the Court concluded that the FTC had not provided sufficient evidence to justify a rule banning all non-competes. The court found the overly broad rule “arbitrary and …
Continue reading Federal Court Issues Nationwide Block on Non-Compete Ban
PIA has navigated a rush of flood-related activity over the past several weeks. Please read on for some highlights of PIA’s recent work on flood insurance. Proposed New NFIP Endorsements Late last year, the Federal Emergency Management Agency (FEMA) proposed significant regulatory changes to the documents governing the Standard Flood Insurance Policy (SFIP) issued to …
Continue reading PIA’s Flood Insurance Advocacy: NFIP & Related Updates
The U.S. Department of Labor (DOL) Overtime Rule was finalized in April and will be implemented in two phases for all affected workers. Phase 1 will become effective on Monday, July 1, 2024; Phase 2 will become effective on Jan. 1, 2025. Legal challenges may delay or narrow the scope of its implementation, or block …
Continue reading FAQs on Overtime Rule Changes Effective July 1, 2024
Over the past several weeks, both Congress and the National Association of Insurance Commissioners (NAIC) have turned their attention back to data privacy. Congressional Data Privacy Activity In May, the Innovation, Data, and Commerce Subcommittee of the House Energy and Commerce (E&C) Committee marked up a discussion draft of the American Privacy Rights Act (APRA) …
Continue reading PIA Engages with NAIC and Congress on Data Privacy
On May 9 PIA, along with a diverse group of business stakeholders sent a letter to the Department of Labor (DOL) urging it to delay the first increase to the minimum salary threshold under the Department’s new overtime final rule until at least September 1st, 2024. Delaying implementation of the rule will give employers the …
Last week, the U.S. Federal Trade Commission (FTC) announced a final rule imposing a near-universal ban on noncompetes once it becomes effective later this year. Last year, the FTC’s publication of a notice of proposed rulemaking (NPRM) to ban the use of noncompete provisions and agreements between employers and workers raised alarm bells among independent insurance agents. Independent …
On April 23, the U.S. Department of Labor (DOL) issued its final rule changing the rules governing worker eligibility for overtime in accordance with the Fair Labor Standards Act (FLSA). The FLSA requires most employers to pay their “non-exempt” hourly workers time and a half (150 percent of their hourly wage) for every hour of work over …
PIA recently joined letters to oppose two harmful federal rules proposed by the Department of Labor (DOL). The first rule, titled “Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees,” would change overtime regulations under the Fair Labor Standards Act (FLSA), and harm employers and employees alike. The second rule …
