PIA Weekly Industry News
Oct. 1, 2014

It's time! PIA Washington & IIABW Annual Washington Joint Conference

A change of venue marks the annual WA Joint Conference of the PIA Washington/Alaska and the Independent Insurance Agents & Brokers of Washington. This year's joint conference is:

Oct. 2-3
Skamania Lodge
Stevenson, Washington


For further information and early registration, click "Read More."More

PIA National installs new officers

The new national officers of the National Association of Professional Insurance Agents were installed during the group's Sept. 21 board of directors meeting in San Antonio. More

PIA Montana's Annual Producer Seminar — don't miss it

Montana independent agents! It's time to register for the most informative and fun event in the state this year. Join us!

Oct. 16-17
The Holiday Inn
Bozeman, Montana


For further information and registration, click "Read More."More

PIA National on insurers, financial system risk

PIA National agrees that when it comes to being a risk to the nation's entire financial system, banks and insurers are two different breeds of cat. Thus, the PIA supports the insurance-related fix to the Dodd-Frank Act contained in the Insurance Capital Standards Clarification Act (S.2270).More

Around the PIA Western Alliance States

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TRIA and Congress: Will it be renewed by year's end?

It will be November before Congress acts on the renewal of the Terrorism Risk Insurance Act. If it acts at all. And the words acts at all are the key to the last sentence and a big worry to insurers, insurance associations and the people of major metropolitan areas and to those with new building projects and commercial entities at risk. More

TRIA ISIS and Boston

The U.S. is now at war with ISIS. President Barack Obama has authorized military action and attacks have happened in Iraq and Syria and more will happen in the future. "I have made it clear that we will hunt down terrorists who threaten our country, wherever they are. This is a core principle of my presidency: If you threaten America, you will find no safe haven," Obama said. More

Insurance is not stuff

Though many of you have already received this article from PIA National, we believe it deserves a second shot and publish it as part of our thank you to John for his service to PIA and the members of the PIA Western Alliance states in particular. More

FIO Annual Report 1: The state of insurance

The Federal Insurance Office Annual Report has been released. It's the report on the state of the insurance industry required by the Dodd-Frank Act. The report is for Congress and the White House to be used as an education tool. The report is the second report the agency has done in its short existence.More

FIO Annual Report 2: The 10 largest P&C and personal lines insurers

The Federal Insurance Office's FIO 2013 Annual Report is out. The report is part of the requirements of the Dodd-Frank Act. Each year the FIO is charged with giving a summary of the state of the insurance industry. More

Cybersecurity rates to rise

Cyberbreaches continue at businesses large and small. The number of compromised consumers is staggering. Many millions in 2013 and 2014 at the last count and many more millions will likely come in the future.More

More carriers for HealthCare.gov and state exchanges in 2015

The Department of Health and Human Services said consumers will have more insurance choices in 2015 than they did in 2014. HHS' official statement noted 77 new carriers will be available on the exchanges — or marketplaces as they're now called — a 25 percent increase. More

HealthCare.gov: An overhaul is coming

The Obama administration promises this Affordable Care Act enrollment season will be different than next. Agents enrolling people complained that it took hours to get the task done and then it often wasn't done right.More

Harris poll: Obamacare by the numbers

The rollout of the Affordable Care Act cut the number of people in the U.S. without health insurance of some kind to 15 to 22 percent. That's good news. A new Harris Poll done for the Transamerica Center for Health Studies says that's good news and bad news. Here's some detail.More

Social media turns the sales funnel upside down
Insurance Networking News
Attend any presentations about social media at an insurance conference and you will undoubtedly see a slide that displays the latest data on the incredible number and variety of people active on social networksMore

Obamacare by the numbers: More insured, states with the least improvement
PIAW
Now, we take a look at the states with the highest uninsured rate improvement since Obamacare became law. But first, the goal of the Affordable Care Act is to reduce and eventually eliminate the number of uninsured in the United States. Year one saw some improvements says the U.S. Centers for Disease Control and Prevention.More

Pet insurance: The hottest new employee benefit
PIAW
The Hartville Pet Insurance Group did a survey on pet insurance at the annual meeting of the Society for Human Resource Management. The topic was benefits and specifically new benefits. Pet insurance, it seems, is the hot new benefit.More

Are your mobile apps secure? Probably not

With all the fuss being made these days about cyberbreaches and the theft of identification, we're all getting a little paranoid. While we worry about what's happening with big firms, like Home Depot and Target, and with records stored by our medical and health care providers, we aren't too focused on what we have on our phones and other mobile devices.More

Liberty Mutual: Teens, parents driving behavior

Liberty Mutual released the results of an interesting survey. Teens are complaining that their parents are texting while driving and are driving while under the influence of marijuana.More

Marriage: We're not doing it in record numbers

Americans are not getting married in record numbers. This according to a Pew Research Center survey. In 1960, just 9 percent of adults 25 and older — or close to 1 in 10 — had never been married. In 2012, that number was 1 in 5 — or 20 percent. In terms of numbers, that's 42 million people. More

Nationwide realigns under 1 brand

Nationwide Mutual Insurance Co. said it is going to unite all of its products and subsidiaries under its most recognizable brand — Nationwide. Chief Executive Officer Steve Rasmussen said Nationwide is in all 50 states, but customers in many areas are not aware of its offerings and size because it uses multiple brands that can appear to be unrelated. More