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PIA Expresses Appreciation to President Bush As He Signs Flood Insurance Bill

WASHINGTON, June 30, 2004 - The National Association of Professional Insurance Agents (PIA) expressed appreciation to President Bush for signing the Bunning-Bereuter-Blumenaur Flood Insurance...
June 30, 2004

WASHINGTON, June 30, 2004 -  The National Association of Professional Insurance Agents (PIA) expressed appreciation to President Bush for signing the Bunning-Bereuter-Blumenaur Flood Insurance Reform Act of 2004 (S. 2238).

Bush signed the bill today to reauthorize and reform the National Flood Insurance Program (NFIP). The current authorization for the NFIP had been set to expire at midnight tonight.

"PIA expresses it's thanks to President Bush and all the Members of Congress who worked so diligently to craft this important legislation," said PIA National Assistant Vice President of Federal Affairs Peter Bizzozero. "The certainty afforded by multi-year reauthorization and the common sense reforms included in the bill make it a winning combination for insurance agents and their clients."

"Insurance industry representatives, private sector lenders, real estate groups, insurance carriers and agents and builders all worked together to bring about this positive result," Bizzozero said.

PIA will continue to work with federal officials on implementation of the reforms.

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.