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PIA National President Spalding Says No to Federal Regulation of Insurance

Newly-installed PIA National President Jon Spalding reaffirmed PIA's support of state regulation of insurance and opposition to federal interference. Speaking in San Diego October 4...
October 21, 2009

Newly-installed PIA National President Jon Spalding reaffirmed PIA's support of state regulation of insurance and opposition to federal interference. Speaking in San Diego October 4 following his installation, Spalding said that PIA will remain steadfast in support of state regulation of insurance, opposing efforts to shift insurance regulation to the federal government.

"Congress is debating proposals that would lay the groundwork for the federal regulation of our industry," Spalding said. "Our position is clear: the PIA opposes the federal regulation of insurance and supports state regulation, period."

On the other major federal issue facing agents currently, healthcare reform, Spalding said "we are steadfast in our view that if Congress does pass something, it should be based on common sense and agents must be included.  Consumers must not be denied access to the advice of licensed, professional, independent insurance agents in any reform plan devised by Congress."

New PIA National President Spalding Says No to Federal Regulation (PIA 10/14/09)