House Passes NFIP Extension Legislation

The National Flood Insurance Program (NFIP) will expire on May 31, 2019 unless Congress acts. The history of NFIP extensions has been messy. The program was extended 17 times between 2008 and 2012, when the previous five-year reauthorization was signed into law. Currently, the NFIP is on its 10th short-term extension since late 2017. The …

Continue reading House Passes NFIP Extension Legislation

PIA Defends Auto Insurance Industry in Letter to House

PIA National was joined by other insurance trades in a letter to the House Financial Services subcommittee on Oversight and Investigations in advance of its hearing this week on “Examining Discrimination in the Automobile Loan and Insurance Industries.” This hearing follows legislation (H.R. 1756) introduced by Rep. Rashida Tlaib (D-MI) that would prohibit auto insurance …

Continue reading PIA Defends Auto Insurance Industry in Letter to House

PIA National Continues to Lead on Passthrough Tax Deduction

PIA National is building on our major win from earlier this year that ensured independent insurance agents could qualify for the 20 percent deduction for passthroughs. PIA National aggressively advocated for this tax relief for passthrough entities after the tax reform law (P.L. 115-141) was passed in December 2017. We advocated for the language that …

Continue reading PIA National Continues to Lead on Passthrough Tax Deduction

Member Spotlight: Maxine Waters, Chairwoman of House Financial Services Committee

Maxine Waters (D) represents the 43rd district of California in the U.S. House of Representatives. Rep. Waters was first elected to the House in 1990. She is the chairwoman of the House Financial Services Committee, which has jurisdiction over most insurance issues. She is continuing as the leader of the Democrats on House Financial Services. …

Continue reading Member Spotlight: Maxine Waters, Chairwoman of House Financial Services Committee

PIA-Supported Legislation to Repeal the Cadillac Tax Introduced

On January 24th, Reps. Joe Courtney (D-CT), Mike Kelly (R-PA), Suzan DelBene (D-WA), and Elise Stefanik (R-NY) reintroduced the bipartisan Middle Class Health Benefits Repeal Act of 2019 (H.R. 748) in the U.S. House. This legislation would repeal the excise tax on high-cost employer-sponsored health coverage known as the “Cadillac Tax.” PIA National strongly supports …

Continue reading PIA-Supported Legislation to Repeal the Cadillac Tax Introduced

Big Ideas and Partisan Agendas: House Financial Services Committee Changes Hands

The new Congress that began January 3rd brought with it not just a turnover in power in the U.S. House of Representatives, but also a wave of new members to the House Financial Services Committee, including a new chairwoman and top Republican. The new chairwoman of the committee is Rep. Maxine Waters (D-CA). The shift in …

Continue reading Big Ideas and Partisan Agendas: House Financial Services Committee Changes Hands

Member Spotlight: Representative Collin Peterson of Minnesota

Collin Peterson (D) represents the 7th Congressional District of Minnesota in the U.S. House of Representatives. His district is the largest in the state and is largely rural. First elected in 1990, Rep. Peterson has been a consistent voice on agriculture issues in Congress. He served on the House Agriculture Committee as Chairman from 2007-2011 …

Continue reading Member Spotlight: Representative Collin Peterson of Minnesota