This week, the PIA of New Jersey, PIA of New Hampshire and PIA of Connecticut met with their respective congressional offices as part of PIA’s 2022 series of year-round, state-specific advocacy events that offer agents the chance to meet with federal policymakers on the issues that matter most to them. Throughout the year, PIA members from across …
Continue reading Members of PIA Northeast Advocate for NFIP Reforms
PIA recently joined the National Flood Association (NFA), and, late last month, Lauren Pachman, PIA’s Counsel & Director of Regulatory Affairs, represented PIA at the NFA’s annual conference in Scottsdale, Arizona. The event assembled experts across all aspects of flood insurance for a two-and-a-half-day conference, where attendees learned not only from the specialists lined up …
Continue reading NFA Conference, Note on Statutory Caps, & Upcoming Trainings: A Flood Roundup
Members of the PIA of North Carolina held meetings this week with their congressional delegation as part of PIA’s 2022 Advocacy Days. In their meetings, the PIA of North Carolina highlighted the importance of the state insurance regulatory system and urged their elected representatives to cosponsor legislation to repeal the Federal Insurance Office (FIO). PIA supports …
Continue reading PIA North Carolina Touts State Regulation of Insurance
This week, members of the PIA Texas met with the offices of their congressional delegation as part of PIA’s 2022 Advocacy Day. In their meetings, the PIA Texas members drew lawmakers’ attention to several of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry and the need to repeal the Federal …
PIA strongly supports the Flood Insurance Pricing Transparency Act, a bill introduced this week by Sens. Bill Cassidy (R-LA) and Kirsten Gillibrand (D-NY). FEMA recently updated the risk rating methodology it uses to price flood insurance premiums for policies issued by the National Flood Insurance Program (NFIP). The new methodology, known as Risk Rating (RR) …
Continue reading PIA Supports Bill to Create Transparency in RR 2.0 Rates
The U.S. Senate passed a $1.5 trillion omnibus federal government spending package Thursday night to fund the federal government to September 30, 2022. An extension of National Flood Insurance Program (NFIP) was included in this bill, also to September 30. The House passed the bill on March 9. The bill now goes to the White …
Continue reading Senate Passes NFIP Extension to September 30
Members of the PIA of Louisiana met with members of their congressional delegation earlier this week to discuss the risk rating methodology, known as Risk Rating (RR) 2.0, now being used by the National Flood Insurance Program (NFIP) and its effect on communities around Louisiana. PIA of Louisiana also highlighted the need for a long-term …
Continue reading PIA of Louisiana Meets with Congress on Risk Rating 2.0, NFIP Reauthorization
The U.S. House passed a $1.5 trillion omnibus federal government spending package to fund the federal government to September 30, 2022. An extension of National Flood Insurance Program (NFIP) was included in this bill, also to September 30. The measure now heads to the Senate, which needs to pass it before midnight tomorrow, March 11, …
Members of the PIA of Florida spent this week urging members of their Congressional delegation to pass a long-term reauthorization of the National Flood Insurance Program (NFIP) as part of PIA’s 2022 Advocacy Day. Their efforts this week were part of PIA’s 2022 series of year-round, state-specific advocacy events that offer agents the chance to …
Continue reading PIA of Florida Urges NFIP Reauthorization & Updates Hill on Risk Rating 2.0
The U.S. Senate on the evening of February 17 passed H.R.6617, a continuing resolution (CR) to fund the federal government through March 11 by a vote of 65-27. An extension of the National Flood Insurance Program (NFIP), set to expire Friday, Feb 18 at midnight, was included in the bill. The House of Representatives already passed the bill …
Continue reading Senate Passes NFIP Extension to March 11, 2022
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