PIA: Repeal, Don’t Replace Federal Insurance Office
In a letter to
PIA National Executive Vice President & CEO
"At the same time, we would like to see a provision that was inserted in last year's version of the Financial CHOICE Act removed," Becker said. "That provision would create a new federal office called the
PIA opposed the creation of the FIO from the outset. In 2010, advocates of federal insurance regulation succeeded in getting the FIO established as part of the Wall Street Reform and Consumer Protection Act (Dodd-Frank)--but PIA, along with others in industry including the
"Neither the Federal Insurance Office, nor an
"PIA National respectfully asks that the 115th
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 AmericaSM. PIA's web address is www.pianet.com.
[Category: Insurance]
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