Texas PIA Members Praise Sen. Cruz for His Bill to Repeal the FIO
The Texas Professional Insurance Agents issued a statewide press release thanking Senator Ted Cruz (R-TX) for introducing S. 1586, the “Federal Insurance Office Abolishment Act.”
“The introduction of this legislation in the Senate is a positive development in our ongoing defense of the state insurance regulatory system,” said Jimmy Beathard, PIA National Director for the Texas PIA.
During April’s PIA National congressional fly-in, the PIA Federal Legislative Summit, members of the Texas PIA met with Senator Cruz’s congressional staff and urged them to introduce legislation to repeal the FIO.
“We are fortunate to be represented in the Senate by a senator who listens to his constituents,” said David Gorman, President of the Texas PIA. “During our meeting, we laid out the very real threat the FIO presents to the state insurance regulatory system, and the introduction of this bill is evidence that engaging with your elected representatives matters.” The Texas PIA is an affiliate of PIA National.