PIA of Louisiana's 71st Annual Convention
July 19-22, 2014 • The Grand Hotel, Point Clear, AL
 
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Louisiana Legislative Session Update

Last week was an up and down week for us at the Capital. Two of our bills were heard in Committee, HB 797, which expands the prohibition on the use of hand held cell phones to all drivers, but would still allow hands free use, was defeated in the Committee on Transportation, Highways and Public Works and HB 820, which clarifies that the valued policy clause provisions apply to all policies providing fire coverage, passed out of the House Insurance Committee. Again, the deadline for filing bills is April 1, so the PIA Governmental Affairs Committee will be reviewing all bills introduced shortly after this point and will update our page to include all bills we're monitoring, along with our positions. Some other activities this past week, reported by our Lobbying Team at Adams and Reese, can be read here.





Tim Clements Is Named Young Insurance
Professional of the Year

During PIA National's Awards Ceremony this past Friday, YIPs Past President
Timothy P. Clements, CIC, CPIA, CISR, was honored as the 2014 Young Insurance Professional of the Year, sponsored by Rough Notes. And to make it even more special, PIA National President-elect Richie Clements, his father, presented him with this prestigious award. Join us in congratulating Tim for this incredible achievement!

Upcoming PIA Events
04/24/2014 -- Acadiana Crawfish Boil

04/29/2014 -- CPIA-1 Position for Success
(NorthShore)

05/01/2014 -- Baton Rouge Chapter Crawfish Boil

05/07/2014 -- PIA of New Orleans Crawfish Boil

05/08/2014 -- CISR Commercial Casualty-1
(Shreveport)

05/09/2014 -- CISR Commercial Casualty-1
(Lafayette)

05/13/2014 -- CISR Commercial Casualty-1
(New Orleans)

05/14/2014 -- 1752 Club's Day at the Races
(Evangeline Downs)

05/14/2014 -- Baton Rouge Chapter Meeting

05/14/2014 -- CISR Commercial Casualty - 1
(Baton Rouge)



More...
2013 Annual Convention
Virtual Exhibit Hall


Check out our
Virtual Exhibit Hall from
PIA's 2013 Convention



PIA's 2014 Federal Legislative Summit
Last Week Was a Success

Hundreds of PIA members converged on Capitol Hill in Washington, D.C., March 26-27 for the 2014 PIA Federal Legislative Summit (FLS). The annual PIA Federal Legislative Summit is a gathering of PIA members from around the country who come together to meet with their members of Congress. Updated PIA issue papers are now available on the PIA website. From Louisiana, we were represented by PIA President Darryl Frank (and his wife, Margaret), President-elect Dawn Duhé, Immediate Past President Manuel DePascual, PIA National President-elect Richie Clements, Past President Gene Galligan, YIPs President Grey Digilormo, YIPs Immediate Past President Derek Bowles, YIPs Past President Tim Clements, Executive Vice President Jody Boudreaux, Director of Marketing Laurie Whipp and Lobbyist Clarissa Preston. Please be sure to check out our cover story, outlining the visits in our April issue of The Agent's Voice.

Coverage from the 2014 PIA Federal Legislative Summit was part of a video report by A.M. BestTV. You can view the report here.






Congressman Says People Are "Foolish"
to Go to a Website for Health Insurance

Congressman Kurt Schrader (D-Oregon) says its "foolish" to think that one could choose a health insurance plan through a website. Speaking during an editorial board meeting of the Oregon Statesman-Journal, Schrader said instead, people should see an insurance agent.

"My message to everyone out there is, 'Don't worry about the dang website: Talk to an agent,'" said Schrader.

"You know, that's the real world," he said. "I mean, I never got healthcare by going on a website, or doing all my research and calling up Blue Cross and saying, 'Hey, I want plan A,B, C.' I always went with a health insurance agent. And, I think you're foolish, with all due respect, if you go on a website and think you're going to figure out what the right healthcare for you is." Watch a video of Rep. Schrader's comments here.





PIA Challenges FIO Assertion That Insurance
Should Be Regulated Like Banks

PIA takes issue in a press release with an assertion made by Michael McRaith, the director of the Federal Insurance Office (FIO), in a recent speech.

In remarks to the Networks Financial Institute's Insurance Public Policy Summit on March 12, reported by Best's News Service, McRaith said this: "We need to get past the notion that the insurance sector in the United States should be treated separately than any other sector because of this historic debate going back to 1904."

"Rather than needing to 'get past' opposition to treating the insurance sector separately, advocates of greater federal involvement need to get over the idea that insurance can be regulated the same way the banking and securities sectors are by the federal government," said PIA National Executive Vice President & CEO Mike Becker.

PIA National Senior Vice President Patricia A. Borowski added, "When Mr. McRaith says the insurance sector should be treated the same as the banking and securities sectors, he is dead wrong, and in conflict with current federal laws, among them the McCarran-Ferguson Act and the Gramm-Leach-Bliley Act (GLBA). The fact that insurance is regulated by our state-based regulatory system is why our sector — and the policyholders it serves — emerged almost completely unscathed from the financial crisis of 2007-2009, in marked contrast to the federally-regulated sectors."

Read PIA's full press release here.







Thanks to Our 2014 PIA Partners:
                     

Americas Insurance Company


American Strategic Insurance (ASI)


Capital Premium Financing


FirstComp

LCTA Workers' Comp

LUBA Workers' Comp

Prime Rate

Stonetrust Commercial Ins. Co.