Blog
Legislation to reauthorize the National Flood Insurance Program (NFIP)
As legislation to reauthorize the National Flood Insurance Program (NFIP) starts to move in the House, PIA has taken a strong stand in opposition to cuts in agent commissions and in support of Write Your Own (WYO) carriers. We oppose a cut to the Write-Your-Own (WYO) reimbursement percentage from the current 30.9 percent cap to […]
Read MoreFinal report of 2017 session
Upon the close of the 2017 session of the Arkansas Legislature, PIA is pleased to report that there were no new laws passed that would have a negative impact on our members. One ACT of note, ACT 279, clarifies the treatment of labor as a component of replacement cost when depreciation is calculated for settlement […]
Read MorePIA leads the way for full repeal of Federal Insurance Office
Federal: PIA National was the first national trade association to call for the full repeal of the Federal Insurance Office. This is in response to the FIO’s efforts to negotiate a “Covered Agreement” with the European Union through the International Association of Insurance Supervisors (IAIS) that would bring many facets of European regulatory standards to […]
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