Members of the National Association of Professional Insurance Agents launched a vigorous lobbying effort on Capitol Hill today battling a new Senate bill that would provide some federal regulation of producers and insurers.
“We adamantly, adamantly, adamantly oppose the optional federal charter [legislation],” PIA Executive Vice President and CEO Leonard C. Brevik said at the group's Federal Legislative Summit before approximately 200 PIA members went to meet with their representatives and senators.
Mr. Brevik blasted the optional federal charter bill introduced yesterday by Sens. John Sununu, R-N.H., and Tim Johnson, D-S.D., as something that reads like a book by horror novelist Steven King. The measure's language, he noted, classifies PIA members under the category of “others” in the section regarding producers.
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