PIA Focus Issue News

FEMA Revises Guidance for Flood Policies Affected by Two-Day Lapse (3/10/2010)

The Federal Emergency Management Agency revised its guidance for insurance policies affected by the two-day lapse in the National Flood Insurance Program as a result of the delay in the Senate’s approval of the program's reauthorization bill... Full Story

Insurers Don’t Pose Systemic Risks, P/C Coalition Says (3/10/2010)

In a letter to U.S. Senate Banking Committee Chair Chris Dodd (D-Conn.), the new Property & Casualty Leaders Coalition stated that property and casualty insurers do not pose a systemic risk and should not be subjected to enhanced federal solvency supervision or bank-centric financial regulation... Full Story

NCOIL Urges Congress to Exclude Insurance From Systemic Risk Regulation (3/10/2010)

The National Conference of Insurance Legislators’ (NCOIL) financial services committee has unanimously passed a resolution urging Congress to exclude insurers from systemic risk regulation proposals currently being considered... Full Story

NARAB II Bill Approved in House (3/10/2010)

On March 3, the House voted in favor of the proposed National Association of Registered Agents and Brokers Reform Act of 2009. The legislation aims to institute a streamlined reciprocal-licensing process for insurance producers across the country... Full Story

Insurance Regulators Warn of Interstate Options (3/9/2010)

During a recent conference call, Kansas Insurance Commissioner Sandy Praeger, West Virginia Insurance Commissioner Jane Cline, and Oklahoma Insurance Commissioner Kim Holland warned against proposals that would create interstate insurance options that could result in higher costs and destabilize local markets... Full Story

Flood Insurance Program Reauthorization Passes, FEMA Issues Bulletin (3/4/2010)

On Tuesday March 2, 2010 the U.S. Senate passed a short reauthorization of the National Flood Insurance Program (NFIP)... Full Story

Senate Passes Temporary Extension of National Flood Insurance Program (3/4/2010)

The U.S. Senate passed a temporary reauthorization of the National Flood Insurance Program (NFIP) late Tuesday March 2... Full Story

PIA's Grassroots Campaign to Extend NFIP (3/4/2010)

Pior to Tuesday's reauthorization of the National Flood Insurance Program (NFIP), PIA expressed disappointment with the program's lapse in the press and conducted a nationwide Grassroots Action campaign... Full Story

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