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
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
PIA Challenges FIO Assertion That
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
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