PIA Releases 2021 Issues of Focus for Advocacy Day

PIA has released its 2021 Issues of Focus in preparation for its upcoming Advocacy Day, formerly known as the Federal Legislative Summit (FLS). PIA members will highlight these issues during their meetings with their elected representatives on Advocacy Day. PIA deploys its grassroots advocacy resources throughout the year on countless issues of importance to independent insurance agents. …

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NFIP Risk Rating 2.0 Released

On April 1, the Federal Emergency Management Agency (FEMA) unveiled changes, commonly referred to as Risk Rating 2.0, to the National Flood Insurance Program (NFIP). Risk Rating 2.0 is meant to provide more specific, accurate information about the flood risk associated with properties covered by the NFIP. Materials released by FEMA show that Risk Rating …

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Commissioner Spotlight: South Carolina Director Ray Farmer

In the latest entry in our Commissioner Spotlight series, we are focusing on the head of the South Carolina Department of Insurance (SCDOI), Director Ray Farmer. Dir. Farmer served as vice president of the American Insurance Association (AIA, now APCIA), a trade association for insurance carriers. He spent the early part of his regulatory career as …

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PIA Urges Funding for Flood Mapping Program

PIA National is actively engaged on numerous COVID-19-related legislative initiatives; at the same time, we continue to advocate on many other issues important to PIA members. As such, last week, we were pleased to sign on to a coalition letter urging congressional appropriators to provide strong funding for the Flood Hazard Mapping and Risk Analysis Program …

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Several PIA Priorities Included in Year-End Funding Package

This week, Congress will consider a federal government funding package that includes three of PIA National’s most important policy priorities: an extension of the National Flood Insurance Program (NFIP) until September 30, 2020, the permanent repeal of the Cadillac Tax, and an extension of the terrorism risk insurance program (referred to as TRIA) through the …

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Congress Extends Flood Insurance Program to December 20

Today the U.S. Senate passed H.R. 3055, a short-term continuing resolution (CR) to fund the federal government until December 20. Important for PIA members, this bill includes the extension of the National Flood Insurance Program (NFIP) to the same date. See PIA National’s press release here. The NFIP is now on its 14th short-term extension since …

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Flood Program Set to Expire November 21

Unless Congress extends it, the National Flood Insurance Program (NFIP) will expire on November 21. The NFIP is currently operating on its 13th short-term extension since its last long-term reauthorization expired in 2017. While Congress may try to pass a stand-alone extension of the NFIP in the next few days, it seems more likely that any …

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NFIP’s Risk Rating 2.0 Delay Prompts PIA National to Renew Its Call for House to Pass Reauthorization Package

On November 7, the Federal Emergency Management Agency (FEMA) announced that it is delaying the implementation of Risk Rating 2.0, a major overhaul of flood insurance rates under the National Flood Insurance Program (NFIP). Risk Rating 2.0 is meant to provide more specific, accurate information about properties covered by the NFIP. Risk Rating 2.0 is …

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PIA Advocacy Day: Join us at PIA’s Congressional Fly-In

Each year, PIA agents from around the country travel to Washington, D.C. to attend PIA National’s annual congressional fly-in, formerly known as the Federal Legislative Summit (FLS), now known as PIA Advocacy Day. The name change reflects the unique, action-oriented nature of PIA National’s member fly-in, as compared to other association conferences, which are often …

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Senate Passes Flood Insurance Program Extension to November

Today the U.S. Senate passed H.R. 4378, a short-term continuing resolution (CR) to fund the federal government until November 21 by a vote of 82-15. An extension of the National Flood Insurance Program (NFIP), set to expire September 30, was included in the bill. The House of Representatives already passed the bill earlier in September. The new expiration date …

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