House Passes TRIA Bill; Senate Committee to Consider This Week

PIA-supported legislation to reauthorize the Terrorism Risk Insurance Program, part of the Terrorism Risk Insurance Act (TRIA), passed the U.S. House on the evening of November 18 in a bipartisan vote of 385-22. The bill, H.R. 4634, extends authorization of the TRIA program for seven years while only making minimal changes to it, a key …

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Cannabis Bill Supported by PIA Passes House

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 …

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Cannabis Bill Backed by PIA Set for House Vote

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 …

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House Passes Flood Insurance Extension as Expiration Deadline Looms

On Thursday, September 19th, by a vote of 301-123, the U.S. House passed H.R. 4378, a short-term continuing resolution (CR) to fund the federal government until November 21. An extension of the National  Flood Insurance Program (NFIP), set to expire September 30, was included in the bill. The Senate is expected to consider the legislation soon, and, if the …

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Member Spotlight: Rep. Jason Smith (R-MO)

Jason Smith was first elected to represent Missouri’s Eighth Congressional District in the U.S. House of Representatives during a special election in June 2013. He was reelected in November 2014. He is dedicated to protecting rural America against intrusive government regulations, expanding markets for farmers, and protecting his constituents’ rustic ways of life. Hailing originally …

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Crop Insurance Caucus Launched in House

On July 19th, Congresswoman Cheri Bustos (D-IL) and Congressman Glenn “GT” Thompson (R-PA) announced the launch of the bipartisan Crop Insurance Caucus. The purpose of the Caucus is to educate Members of Congress and their staff on the importance of the federal crop insurance program as an integral part of our farm safety net. The …

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New NFIP Bill Poses Threat to Agent Commissions

On July 18, Senators Bob Menendez (D-NJ) and Bill Cassidy (R-LA) introduced bipartisan legislation, the National Flood Insurance Program Reauthorization and Reform Act of 2019 (S. 2187), to reauthorize the NFIP for five years. The bill’s 10 cosponsors are from both chambers and both sides of the aisle. A House companion bill (H.R. 3872) was introduced …

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