House Passes NFIP Extension

The House this afternoon passed a continuing resolution (CR) to fund the federal government through December 16, 2022 by a vote of 230-201. An extension of the National Flood Insurance Program (NFIP), set to expire tonight, Friday, September 30 at 11:59pm, was included in the bill. The Senate passed the bill earlier this week. The CR …

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Cannabis Safe Banking Passes House as Part of Defense Bill Once Again

The House of Representatives has again passed the SAFE Banking Act, a PIA top priority, for the 4th time this Congress. The SAFE Banking Act would protect insurance agents and carriers from federal prosecution doing business with cannabis-related enterprises in states in which such businesses are legal. Nearly every state has legalized cannabis to some degree. …

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PIA Testifies at House NFIP Hearing

PIA National Secretary Ariel Rivera testifying before the House Financial Services Committee The House Financial Services Committee’s Subcommittee on Housing, Community Development and Insurance held a hearing earlier today entitled, “Reauthorization and Reform of the National Flood Insurance Program.” Testifying on behalf of PIA was Ariel Rivera, Secretary of PIA and founder and agency principal …

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Member Spotlight: Rep. French Hill (R-AR)

French Hill was elected to the United States House of Representatives in 2014 to represent the 2nd Congressional District of Arkansas. Before he was elected to Congress, Rep. Hill worked as a commercial banker and investment manager for two decades. He also served during the administration of President George H.W. Bush in positions including Deputy Assistant …

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House Extends NFIP to March 11 as Part of Federal Funding Bill

The U.S. House passed a continuing resolution (CR) on the evening of February 8 by a vote of 272-162 to fund the federal government through March 11, 2022. A short-term extension of the National Flood Insurance Program (NFIP) is included in the CR. Funding for the federal government and authority for the NFIP are both …

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Cannabis Safe Harbor Passes House as Part of America COMPETES Act

The Secure And Fair Enforcement (SAFE) Banking Act, one of PIA’s top legislative priorities, was passed in the House of Representatives on February 4 by a vote of 222-210 after being incorporated into the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength (COMPETES) Act of 2022, a bill that aims to improve American competitiveness …

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House Extends NFIP to Feb. 18, 2022 in Continuing Resolution

The U.S. House tonight passed a continuing resolution (CR) by a vote of 221 to 212 to fund the federal government through February 18, 2022. A short-term extension of the National Flood Insurance Program (NFIP) is included in the CR. Funding for the federal government and authority for the NFIP are both still set to …

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PIA Objects to FIO Investigation of Climate-Related Insurance Risk

PIA has a long history of supporting the state regulation of insurance and opposing federal insurance oversight. Since 2016, one of our annual top legislative priorities has been the repeal of the Federal Insurance Office (FIO), which was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Our advocacy was vital …

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House Passes Reconciliation Spending Bill

The U.S. House today passed H.R. 5376, the $1.75 trillion budget reconciliation bill which has been marketed by Democrats as the “Build Back Better Act.” If approved as-is by the Senate, the legislation will allocate roughly $1.75 trillion in spending over a 10-year period. The bill passed largely along party lines by a vote of …

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