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Assessing the Impact of the Election

With this year’s election finally over, assessments are beginning regarding what the results may mean to the insurance industry in general, and to Main Street insurance agents in particular...
November 16, 2016

Election graphic

With this year’s election finally over, assessments are beginning regarding what the results may mean to the insurance industry in general, and to Main Street insurance agents in particular.

Immediately following the election of Donald J. Trump as the 45th president of the United States on November 8 in a stunning upset over Hillary Rodham Clinton, PIA National issued a statement declaring, “It is time to put the interests of the entire country first.”

“While both political parties campaigned on differing roles of the private market and regulation, the National Association of Professional Insurance Agents will continue its efforts to promote the valued role of the professional independent insurance agent by seeking business-friendly policies that will encourage a strong market,” our statement said.

“In addition to capturing the White House, Republicans will continue to control both houses of Congress. Keeping in mind that neither party holds a 60-vote ‘super-majority,” PIA encourages the next Congress to avert stalemates by finding bipartisan solutions to strengthen our economy.”

Both the U.S. House and Senate are back for a “lame-duck” session of Congress beginning this week.

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