PIANY goes to Washington, D.C.
Hundreds of PIA members from around the nation participated in the 2019 PIA National Federal Legislative Summit April 2-3, in Washington, D.C. The members visited the offices of their members of Congress to let them know firsthand what effects proposed legislation will have on their businesses and clients.
PIANY members discussed issues ranging from flood insurance to health care to state regulation of insurance. Members voiced their support for a long-term reauthorization of the National Flood Insurance Program, urged members to protect producer compensation in any extension and encouraged support for legislation that would permit private flood insurance to satisfy continuous coverage requirements.
PIANY members also reminded federal policymakers of the vital role agents play in ensuring that health insurance purchasers find appropriate coverage and, therefore, in order to protect the health of patients, legislation should be passed to exclude agent compensation from any calculations of medical-loss ratios.
Finally, PIANY members spoke of their opposition of any pre-emption by a federal insurance regulator or federal pre-emption of state insurance oversight. Members stressed the importance of keeping insurance regulation on the state level.