PIA Disaster Relief Fund for Louisiana
When disasters strike, PIA members are there to help, providing assistance.
As a result of the catastrophic flooding in Louisiana, the
PIA Disaster Relief Fund has been reactivated. The PIA Insurance
Foundation is providing disaster assistance grants to Main Street business owners who
were affected by the August 11, 2016 storm and flooding events in Louisiana.
The PIA Disaster Relief Fund is soliciting charitable donations and providing relief
grants to Main Street businesses that may be facing gaps in the insurance coverages or
other assistance available to them. Funds are available in areas of Louisiana covered by
Federal or state declarations of disaster related to these flood events.
"PIA has a long history of providing charitable disaster aid to Main Street
business owners when extraordinary events overtake the individual operations' ability
to respond on their own," said PIA National Executive Vice President & CEO Mike Becker.
"When disaster strikes, the PIA Insurance Foundation steps up to help, by soliciting
funds and accepting grant applications."
Details regarding the
PIA Disaster Relief Fund including criteria are available online.
I want to donate.
I wish to apply for a relief grant.
After the Flood: Post-Disaster Insurance Considerations
Insurance Commissioner Jim Donelon is advising Louisiana home and business owners of
insurance considerations to keep in mind as they work through the recovery process.
This comes as the Federal Emergency Management Agency (FEMA) has granted National Flood
Insurance Program (NFIP) policyholders a 60-day extension to file Proofs of Loss for
claims resulting from the August flooding.
"For NFIP policyholders, there are deadlines to keep in mind as well as changes in living
situations that may necessitate adjustments to insurance coverage. For those not directly
impacted by the flooding, I encourage them to review the coverages they have in place to
ensure their property and contents are adequately protected," said Commissioner Donelon.
"As we work through the next stages of recovery there are certain insurance matters to
keep in mind that can help you avoid further hurdles in the rebuilding process."
NFIP policyholders filing claims must submit a Proof of Loss.
The Proof of Loss
is a sworn statement of the amount a policyholder is claiming including necessary
supporting documentation. FEMA recently announced a
for NFIP policyholders to submit the required documentation
giving them 120 days from the date of the flood event to submit their Proof of Loss.
Similar extensions were granted after the major flooding in Louisiana in March 2016
and in the northwest and central regions of the state in May 2015.
Filing the Proof of Loss is necessary even after filing a claim for your flood damage.
This document substantiates the insurance claim and is required before the NFIP can make
payment. If you need to file a claim as a result of the recent flooding, contact your
agent or call the NFIP at 1-800-621-FEMA (3362).
PIA Statement on Financial CHOICE Act (H.R. 5983)
PIA National issued
this statement on the draft of the Financial CHOICE Act
(H.R. 5983). The bill was introduced on September 9, 2016 by
its sponsor, House Financial Services Committee Chairman Jeb Hensarling (R-TX). It
then went to a committee markup on September 13, 2016.
In PIA's statement, we express serious concerns about the creation of a new
federal office called the independent insurance advocate, stating that "we remain
unconvinced of the need to create a permanent insurance office in the federal