PIA National Issues Statement on Short Term Extension, NFIP
We view this short-term extension as a chance for
PIA opposes the flood legislative package that passed out of the
Cutting the reimbursement rate paid to carriers, without a specific and robust protection for agents, would be irresponsible because it would lead to fewer properties being insured against floods. Instead, the goal should be to greatly increase the number of properties covered by flood insurance offered by both the NFIP and the private sector, to ensure that consumers are protected.
In the aftermath of recent disasters, and, unfortunately, with more to come in the future, we encourage lawmakers to seize the opportunity provided by the short-term extension of the NFIP through
Vice President, Government Relations
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. PIA members are Local Agents Serving Main Street America SM. PIA's web address is www.pianet.com.
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