PIA 2019 FLS Is a Big Success!
Members of PIA from around the country brought their passion to Congress as they converged on Washington, D.C. April 2-3 for the 2019 PIA Federal Legislative Summit (FLS).
“PIA’s advocacy is responsible for a series of significant legislative victories for professional independent insurance agents in recent years,” said PIA National President Keith A. Savino. “These successes have included a major win for small-business insurance agencies and brokerages, who are now able to take full advantage of a pass-through tax deduction that was approved as part of the tax reform legislation signed into law in late 2017.”
At this year’s FLS, PIA members continued to advocate for the repeal of the Federal Insurance Office (FIO), to protect the vital role that independent agents play in delivering federally-backed crop and flood insurance, and to safeguard the employer-sponsored healthcare system.
A top issue of concern for agents attending the FLS was securing a long-term reauthorization of the National Flood Insurance Program (NFIP) that also promotes the growth of the private flood insurance market. The NFIP has been operating on a series of short-term extensions granted by Congress ever since it’s last long-term authorization expired on September 30, 2017. PIA National is the only association to outright oppose reauthorization attempts that would have cut the Write-Your-Own reimbursement rate, which would have had a direct and negative impact on agent compensation and thus on consumers.
“PIA’s advocacy is based on doing the hard work that produces real results,” said PIA National Executive Vice President & CEO Mike Becker.
PIA thanks our FLS Platinum sponsors, Progressive Insurance, The PIA Partnership; Gold sponsor Crop Risk Services; Silver sponsors Liberty Mutual Insurance, NAU Country Insurance Company.