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PIA Call to Defund FIO Study Sparks Grassroots Counter-Action by Auto Servicers

The Automotive Service Association (ASA) took exception to PIA's call on Congress to defund a study of insurance regulation slated to be conducted by the...
February 1, 2011

The Automotive Service Association (ASA) took exception to PIA's call on Congress to defund a study of insurance regulation slated to be conducted by the Federal Insurance Office (FIO). The ASA is an association of 12,000 owners and managers of automotive service businesses. ASA, which supported the creation of the FIO, issued a legislative alert and grassroots counter-action in response to PIA's action shortly after we issued ours. ASA urged its members to send a letter to their senators and representatives "encouraging them to oppose efforts to eliminate funding of the Federal Insurance Office modernization study." The ASA has also been on the opposite side of some of our other issues. It supports full repeal of the limited antitrust exemption under McCarran-Ferguson.

Meanwhile, the National Association of Mutual Insurers (NAMIC) expressed support for PIA's concerns that the FIO study will be biased. Not surprisingly, the American Insurance Association (AIA) disagreed with PIA, calling us "out of touch" and admitting that "We must increase the federal government's capacity to address insurance related issues." [our emphasis added]

Click here to read Agent Group Sounds Alarm Over Federal Insurance Study (Insurance Journal 1/19/11)
 
Click here to read Agents: Defund Federal Study of Insurance Regulation (BestWire 1/18/11)
 
Click here to read Two Insurance Groups Disagree Over Intent, Scope of Upcoming FIO Report
(National Underwriter 1/19/11)

Click here to read PIA Asks Congress to Strip Federal Insurance Office of Funding (The Standard 1/21 p.9)

Click here to read Agent Group Blasts FIO Overreach (Insurance Networking News 1/20/11)