You are here:HomeFront Page News

Front Page News

PIA Stands Firm in Defense of Agent Commissions
PIA National has reaffirmed its strong opposition to any legislation that would reduce the reimbursement rate for Write Your Own flood insurance carriers. PIA’s statement follows an initial markup by the House Financial Services Committee on June 15, which passed two of seven bills to reform and reauthorize the National Flood Insurance Program...
Health Insurers Post Improved Earnings
The health insurance industry posted improved earnings for 2016, with net income for those companies filing on a health annual statement rising by 46% to $13.1 billion, compared with $9 billion in 2015, according to a new Best’s Special Report...
Cleveland Clinic Enters Individual Health Insurance Market
The Cleveland Clinic will enter the individual insurance market later this year through a joint venture with New York-based Oscar Insurance Corp., a health insurance tech startup. The venture, called Cleveland Clinic | Oscar Health, will offer its new insurance during open enrollment in 2017, and will begin coverage starting Jan. 1, 2018...
PIA National Calls for Awards Nominations
PIA National is now accepting nominations for its four prestigious national awards: the Company Award of Excellence, Company Representative of the Year, Managing General Agency of the Year and Excellence in Social Media awards...
Eliminate Duplicate Data Entry When Completing ACORD Forms—PIA Members Needed for Pilot Program
If you’ve experienced the tedium of completing a set of ACORD applications and carrier supplements to obtain a quote, then PIA’s new pilot program may be for you...
Lightning Strikes Up, Cost of Claims Down
According to analysis from the Insurance Information Institute, the number of homeowners insurance claims from lightning strikes and electrical surges in the United States rose in 2016 compared with 2015...
Plan Would Preempt State Rules for Driverless Vehicles
A draft proposal by House Republicans would prohibit states from adopting rules on the design and testing of autonomous vehicles. The measure also contains a provision that would bar federal regulators from requiring approval of self-driving technology before it is brought to the market...
Build Your Business All Year Long with PIA Promotional Calendars
It’s time to order your agency’s 2018 promotional calendars. Through a special arrangement with The Mines Press, PIA members can receive a 10% discount on all promotional calendar products, personalized with your agency information and the PIA logo!..
Former I.I.I. President Mechlin D. Moore, Passes Away at 87
Mechlin D. Moore, former president and chief executive officer of the Insurance Information Institute (I.I.I.), passed away on Tuesday, June 13, following a lengthy battle with cancer. Moore, of Rye, New York, led the I.I.I. from 1979 until his retirement in June 1991...
Statement by National Association of Professional Insurance Agents on House Legislation to Reauthorize National Flood Insurance Program
PIA understands that a deal has been negotiated on House legislation to reauthorize the National Flood Insurance Program that would reduce the Write Your Own (WYO) reimbursement rate from 30.9 percent to 27.9 percent, with a three-year phase-in. It also directs FEMA to reduce costs for WYOs 1.5 percent by streamlining “inefficiencies.” A markup by the House Financial Services Committee is set for 9:00 a.m. Thursday June 15...