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PIA Members Set to Converge on Capitol Hill

WASHINGTON, March 28, 2005 - Members of the National Association of Professional Insurance Agents (PIA National) are set to convene on Capitol Hill in Washington,...
March 28, 2005

Rep. Spencer Bachus to Deliver Keynote Address at Insurance Agents' April 7 Federal Legislative Summit

WASHINGTON, March 28, 2005 - Members of the National Association of Professional Insurance Agents (PIA National) are set to convene on Capitol Hill in Washington, D.C. April 7, 2005 for the association's annual Federal Legislative Summit.

The 2005 PIA Federal Legislative Summit is a gathering of PIA members from around the nation who spend the day meeting with their elected representatives to advance the views and positions of professional insurance agents.

Rep. Spencer Bachus (R-Alabama), Chairman of the Financial Services Subcommittee on Financial Institutions and Consumer Credit, will deliver the keynote address at the kickoff breakfast for the summit at the Capitol Hill Club. PIA members will also be briefed on PIA's current legislative initiatives by PIA lobbyists, prior to a day of scheduled meetings with lawmakers in their Capitol Hill offices.

"Laws passed by Congress have a direct impact on the ability of our members to serve the insurance needs of their customers," said PIA National President Terry Adams. "We must always be proactive in Washington, D.C. to ensure that as far as PIA members are concerned, good legislation is passed and bad legislation is not."

Among the top issues of concern for agents taking part in the 2005 PIA Federal Legislative Summit are obtaining an extension of the Terrorism Risk Insurance Act (TRIA); ensuring that insurance regulatory reform is accomplished within the context of state regulation of insurance; and advising Congress that no federal legislation is needed regarding insurance broker compensation disclosures because the states have the matter well in hand.

In addition, PIA has scheduled a meeting with officials of the federal agency that oversees federal crop insurance.

At day's end, a reception for all Summit participants will be held in the U.S. House of Representatives' Rayburn building. That night, the PIA Political Action Committee (PIAPAC) holds its annual fundraising dinner. Charlie Cook, Editor and Publisher of The Cook Political Report, will be the featured speaker at the PIAPAC fundraising dinner. Cook is a columnist for the National Journal magazine and CongressDailyAM, and he is also an analyst for NBC News as well as CNBC and MSNBC.

"PIA's annual legislative summit is an important part of our year-round program of legislative advocacy," said Jon D. Spalding, Chairman of the PIA National Federal Affairs Committee. "There is no better way to forge and maintain relationships with lawmakers than to do it up-close and personal."

Previous speakers at FLS events have included Republican National Committee Chairman Ken Mehlman, who was campaign chairman for Bush-Cheney 2004; Rep. Eric Cantor, (R-Virginia), chief deputy whip of the U.S. House of Representatives; Rep. Sue Kelly (R-New York), vice chairman of the House Committee on Financial Services; and Senator Jim Bunning (R-Kentucky), a member of the Senate Banking, Finance and Budget committees.

Founded in 1931, PIA is a national trade association that represents member insurance agents and their employees who sell and service all kinds of insurance, but specialize in coverage of automobiles, homes and businesses.

For a complete overview of the 2005 PIA Federal Legislative summit including a schedule of events, click here.

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