On May 22, the U.S. House of Representatives voted to pass its budget reconciliation bill, including key PIA policy priorities. The bill narrowly passed in a 215-214 vote and will now head to the Senate, where further negotiations are expected before sending a final product to the President's desk. Included in the legislation are provisions …
Continue reading PIA Victory: House Passes PIA Policy Priorities
On May 20, the National Association of Professional Insurance Agents (PIA), along with other small business advocates, sent a letter in strong support of the reconciliation bill presently before the House of Representatives. On Sunday night, the House Budget Committee voted to advance the legislation, sending it to the Rules Committee for final approval there, …
Continue reading PIA Urges House Passage of Policy Priorities
This week, two PIA policy priorities cleared major hurdles in the ongoing budget reconciliation process. Two House committees--Ways and Means and Agriculture--each passed their portions of the massive House reconciliation package along party lines. Both bills will now head to the Budget Committee in preparation for full House consideration. Included in the House Ways & …
Continue reading PIA Policy Priorities Advance in Reconciliation Process: Take Action Now!
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
Presidential Election The contentious race for the White House between Vice President Kamala Harris and former president Donald Trump is within the margin of error as we enter the final 20 days until Election Day. National polls have remained tight since President Biden’s departure from the race in July, while polling in the swing states …
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 October 25, the U.S. House of Representatives elected Rep. Mike Johnson (R-LA) to be the Speaker of the House. Speaker Johnson’s ascension came after more than three weeks of being without a Speaker, a period triggered by former Speaker Kevin McCarthy (R-CA)’s historic removal from his post earlier this month. Speaker Johnson was elected …
The U.S. House of Representatives today passed a continuing resolution (CR) 335-91 to fund the federal government to November 17. Importantly, the CR includes an extension of the National Flood Insurance Program (NFIP) to the same date. Without an extension by Congress the NFIP will lapse after midnight tonight. The Senate must now pass the …
Continue reading House Passes Continuing Resolution to November 17 with NFIP Extension
The Government Accountability Office (GAO) recently published a report on the National Flood Insurance Program (NFIP) entitled FLOOD INSURANCE: FEMA’s New Rate-Setting Methodology Improves Actuarial Soundness but Highlights Need for Broader Program Reform. Among other issues, the report addresses: the actuarial soundness of the NFIP’s new Risk Rating 2.0 (RR2) methodology, how premiums are changing for …
Continue reading GAO Report on Risk Rating 2.0 Validates PIA Agent Concerns
On September 18 Rep. Scott Fitzgerald (R-WI) introduced H.R. 5535, the Insurance Data Protection Act with PIA’s strong support. This legislation will meaningfully reform the Federal Insurance Office (FIO), an unnecessary federal bureaucracy created by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. PIA's support for the bill was noted in the congressman's …
Continue reading Bill to Remove FIO’s Subpoena Power Introduced
