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PIA National Congratulates GOP on House Victory

PIA National sent out a press statement congratulating the Republican Party on its sweeping mid-term election victory in which it took control of the U.S....
November 9, 2010

PIA National sent out a press statement congratulating the Republican Party on its sweeping mid-term election victory in which it took control of the U.S. House of Representatives.

"The results of the mid-term elections could not have been clearer," said PIA National President Fred Thomas. "The American people voted for a new kind of change, one that is rooted in fiscal responsibility. The members of PIA heartily congratulate the winners, led by presumptive Speaker-designate John Boehner. We look forward to working with the new House GOP leadership on legislation that benefits America's Main Street insurance agents and consumers."

In the press release, Thomas noted that the GOP victory in the House and gains in the Senate will greatly improve prospects that PIA's strong opposition to the expansion of federal regulation to include insurance will be sustained.

"One of the messages conveyed by voters was a desire to reduce regulation at the federal level," Thomas added. "We believe that this election bodes well for PIA's long-standing opposition to a takeover by the federal government of insurance regulation from the states, as some have proposed. Lawmakers elected on a strong platform of opposing federal encroachment will have a hard time supporting proposals for more expansive federal regulation through optional federal insurance charters."

You can read the full PIA National press release here.