PIA of Louisiana's 71st Annual Convention
July 19-22, 2014 • The Grand Hotel, Point Clear, AL
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PIA Agents Prepare for District Lobbying Day August 19

Members around the country are preparing to take part in PIA's annual in-district congressional lobbying event, District Lobbying Day (DLD). It is an opportunity to continue to build, or begin to build, relationships with your federal elected officials. Our goal is to mobilize as many PIA members as possible to meet with their members of Congress in their home districts, on or near August 19.

By meeting with their elected representatives, PIA members can discuss PIA's current legislative positions and priorities, while also forging a direct, personal connection with lawmakers. PIA of Louisiana Representatives have already met with Senator Vitter (with PIA Past President Brian Prejean, DIA Natalie Cooper and EVP Jody Boudreaux) and Congressman Scalise (with YIP Past President Tim Clements and PIA Board Member Bryan Duplantier).

Have a question about DLD? Visit www.piadld.com, or contact Natalie Cooper at Natalie@piaoflouisiana.com or 800.349.3434.

Upcoming PIA Events
08/22/2014 -- YIPs 10th Annual Bowl-A-Thon

08/22/2014 -- YIPs 10th Annual Bowl-A-Thon Sponsorship Opportunities

08/27/2014 -- New Orleans Chapter CE Day

08/28/2014 -- CISR Commercial Casualty - 2

09/03/2014 -- New Orleans Chapter Meeting

09/09/2014 -- CPIA-1

09/09/2014 -- Northeast Chapter Meeting

09/10/2014 -- Baton Rouge Chapter Meeting

09/10/2014 -- CISR Dynamics of Service
(Baton Rouge)

09/11/2014 -- CISR Dynamics of Service

2013 Annual Convention
Virtual Exhibit Hall

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

Hurricane Relief Center
Click to enter our
Hurricane Relief Center

FEMA Memo on Limitations on Credit Card Collection
Transactions and Policy for Splitting Transactions

On August 5, FEMA issued a memo that clarifies and revises the Federal Government's policy on the transaction dollar-value limit to collect funds using credit cards for agencies using the Card Acquiring Service. Please see Treasury Financial Manual Announcement No. A-2014-04 for more information.

WYO Companies, as fiscal agents of the Federal Government, collect, retain and distribute NFIP funds.

The overall framework of the policy follows:
  • The revised policy will be effective June 15, 2015;
  • Agencies must limit their credit card collections so that the individual payment transaction does not exceed $24,999.99;
  • This limit was lowered from the previous payment transaction limit of $49,999.99;
  • The $24,999.99 limit applies whether the credit card transaction represents a single payment or a bundled payment;
  • Debit card transactions remain unlimited due to lower associate fees;
  • Customers who owe an amount on a bill, debt, or obligation due to the Federal Government are prohibited from splitting the total amount on a bill, debt, or obligation due to the Federal Government are prohibited from splitting the total amount due into multiple payments; and
  • Those multiple transactions that cause the total charge to exceed the maximum dollar amount will be rejected by the acquiring processor.

NAIC Summer Meeting Begins This Week

The National Association of Insurance Commissioners (NAIC) summer 2014 National Meeting will take place in Louisville, Kentucky, from Thursday, August 14 to Tuesday, August 19. Issues relevant to independent agents are on the agenda, including:

Auto-Insurance Affordability: The Auto Insurance Study Group will discuss the Federal Insurance Office's (FIO's) ongoing review of auto-insurance affordability issues.

Crop Insurance: The NAIC Crop Insurance Working Group will discuss private crop insurance and federally subsidized index-based weather insurance programs.

Producer Licensing: The NAIC Producer Licensing Task Force will consider adoption of its final recommendations on which additional jurisdictions should be certified as meeting the heightened licensing reciprocity standards of the Gramm-Leach-Bliley Act and will discuss licensure requirements for selling contingent deferred annuities. The NAIC Producer Licensing Working Group will discuss suggested revisions to the State Licensing Handbook and state implementation of the uniform licensing standards in adjuster licensing and continuing education.

Ride-sharing Issues: The NAIC Center for Insurance Policy and Research will hold a panel discussion on the ambiguity around insurance coverage provided through ride-sharing companies.

Terrorism Insurance: The Terrorism Insurance Working Group will discuss the reauthorization of the Terrorism Risk Insurance Act (TRIA) and potential revisions to policyholder disclosures.

Questions regarding the NAIC can be directed to Jennifer Webb, PIA National counsel & director of regulatory affairs at jennwe@pianet.org.

Ten-Year Anniversary of a Wave of Hurricanes

Ten years ago on August 13, 2004, the first of what would be a series of destructive hurricanes hit the United States. The string of 2004 and 2005 storms, which included the devastating Hurricanes Katrina, Wilma, Ivan, Rita, Frances and Jeanne, caused around $100 billion worth of insured losses when adjusted to 2013 dollars, according to the Insurance Information Institute (I.I.I.).

In 2005, two hurricanes hit the Gulf Coast of the United States in rapid succession. First, Hurricane Katrina devastated New Orleans and the southern portions of Louisiana and Mississippi. Then just after all the water had been pumped out of New Orleans, another big hurricane, Rita, devastated portions of southwest Louisiana and eastern Texas. After the disaster, PIA members from around the country came to the aid of their fellow members of the PIA Family. Over 100 PIA members, from as far away as Maine and Montana, volunteered to host agents whose homes had been destroyed.

Read Ted Besesparis' October, 2005 article in PIA Connection which looked at the tragedy of Hurricanes Katrina and Rita, the heavy toll on agents, and how PIA members helped their clients and their fellow agents in a time of need:

PIA Agents and the Hurricanes of 2005

NFIP Agent Flood Training Seminars for August and September

Each month the National Flood Insurance Program (NFIP) conducts web training on a number of flood insurance topics important to agents. Registration is now open for two webinars:

Basic Agent Webinar — This course addresses basic flood insurance issues as well as some more advanced components. At the conclusion of both sessions, attendees with little or no prior NFIP experience will understand how to build a flood insurance policy from the ground up.

FEMA Mapping Changes — The Federal Emergency Management Agency (FEMA) Mapping Changes provides a practical look at how map changes can affect your policyholders in their roles as insureds and borrowers. Find out how to ease the transition to new flood maps. Learn how mapping changes affect insurance rates, premiums and the mandatory purchase of flood insurance.

These webinars are FREE to attend, but spaces are limited so please register early. No continuing education (CE) credits are offered for these courses in any state. Register here:

Let Us Know What You Think! The webinars have been designed by FEMA/NFIP, to assist agents in their understanding of all the NFIP changes moving forward. They work together with the more detailed information and instructions that you will receive from your WYO insurers. We encourage PIA members to take advantage of these opportunities — and let us know what you think of the content: (patbo@pianet.org).

Thanks to Our 2014 PIA Partners:

Americas Insurance Company

American Strategic Insurance (ASI)

Capital Premium Financing

Markel FirstComp

LCTA Workers' Comp

LUBA Workers' Comp

Prime Rate

Stonetrust Commercial Ins. Co.

VIP Software