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  Text version    RSS    Subscribe    Unsubscribe     Archive    Media Kit Feb. 26, 2014

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Reforming flood reforms: Will the House act?
House Speaker John Boehner and Republican leaders say the U.S. House of Representatives will not even look at the Senate-passed Homeowner Flood Insurance Affordability Act, S. 1926. It is an effort by some in the Senate to help homeowners and businesses impacted by almost instant and very high flood insurance rates from the reforms of the Bigger-Waters Act.
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 PIAW Happenings


PIA Western Alliance to launch improved website
The PIA Western Alliance will soon unveil its improved website. Look for an email in the near future prompting you to log in and update your information. Once you are signed in you will be asked to pick the information you want to receive from the PIA Western Alliance. That data — and other information about you and what you want from the PIA — can easily be updated.
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Get ready: PIA Oregon/Idaho's 2nd Annual EXPO

June 17-18
Red Lion Hotel on the River
Jantzen Beach
Portland, Ore.

EXPO is a one-day, business-to-business and education program for all agents, agency and company personnel. Last year's EXPO was a huge success. More than 150 independent insurance agents registered.

PIA Oregon/Idaho is setting companies up with exhibitor booth space and is looking for sponsors. If your company doesn't have its booth set up yet, you need to move fast. Click "Read More" for further information.

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PRODUCT SHOWCASE
  Who wants to eliminate their deductible?

A new Deductible Reimbursement Insurance is now available to all residents of the Western Region (except Alaska). Licensed insurance agents may now sign up on the ZeroDeductible website and offer deductible reimbursement insurance to their clients directly for their auto, home and boat policies.

Click here
to learn more!
 


 Industry News from PIA Western Alliance


Cover Oregon upgrades website; agents go to work
Cover Oregon has launched an upgrade to its website. Spokesman Michael Cox said the upgrade lets Oregon's health insurance agents and community partners enroll people without using paper applications. "That means they can schedule an appointment with one of their clients, apply for coverage, get an eligibility determination, shop and enroll in coverage, taking the process from beginning to end."
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Special report: Cybercrime, insurance
Cybercrime is growing. Companies purchasing cyberrisk insurance is growing, too. The hacking of Target's database and the theft of 40 million debit and credit card numbers and the theft of the email addresses and PIN numbers of 70 million more got the ball rolling. The Target breach dramatically highlighted the threat that all firms face.
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IRS, Treasury employer ACA rules for 2015
The U.S. Department of the Treasury and the Internal Revenue Service have issued final regulations implementing the Affordable Care Act's employer responsibility provisions. They take effect in 2015.
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PRODUCT SHOWCASE
 
New Surety Software Automation w/ 30% Commissions

OneClick: a new concept in Surety Bonding. What Kayak did for Travel, Surety Solutions has done with Surety. Full Automation. Submit Only One Application & Instantly receive Real-time Quotes from up to 30 Carriers. Pays up to 30% Commission to Brokers. Bonds Made Easy!

Get Started Today with OneClick: SuretySolutionsLLC.com/Brokers
 
Looking for similar articles? Search here, keyword ACA.


Small-business owners: Exit plans in 5 to 10 years
As most of you know, it's not easy to own a small business. Many of you own small businesses and have businesses as your clients. A new survey by Securian Financial Group says more than 60 percent of small-business owners plan on leaving their business in the next five to 10 years.
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Obamacare: The California Exchange: Latinos, limited doctors, insuring illegals
Covered California has now enrolled 1.6 million. And through the end of January, 80 percent paid their first month's premium. The state's SHOP program — Small Business Health Option Plans — is doing well, too. More than 570 businesses have enrolled almost 5,000 employees. The exchange is a huge success and is one of the most successful in the nation.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Auto insurers and marriage definition (PIAW)
Obamacare from a nonhealth insurance insurance perspective (PIAW)
Insurers: A lot of Obamacare enrollees aren't paying (PIAW)
Flood insurance reform reforms: The House will move (PIAW)
Insurance industry raises questions about new Obamacare enrollment numbers being 'inflated' (6) (PIAW)

Don't be left behind. Click here to see what else you missed.


Fed's Yellen: Yes, banks and insurers are different
Good news for insurers. Incoming Federal Reserve Board Chair Janet Yellen is sticking to her comments to the Senate when being confirmed. Yellen continues to contend — when it comes to regulations — banks and insurers are different. Recently, she told the House Financial Services Committee that insurers designated as systemically important financial institutions by the Financial Oversight Stability Council will need regulatory schemes that differ from those imposed on banks by the Dodd-Frank Act.
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Insurer executives hit bonus jackpot in 2013
We all noted that insurance had a pretty good year in 2013. A Towers Watson survey makes it official. As the final income figures from 2013 are finished, the execs running those companies will note it, too, and can look forward to some nice bonuses.
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FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
Insurance industry raises questions about new Obamacare enrollment numbers being 'inflated'
Fox News
The Obama administration's latest rosy scenario about 3.3 million consumers signing up for health care plans is facing skepticism from top insurance industry officials, who estimate that somewhere in the range of 10 to 25 percent of those "enrollees" actually have not yet paid their premiums and are not fully enrolled.

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CBO on Obamacare: Does it destroy jobs?
PIAW
Recently, the Congressional Budget Office released a study of the Affordable Care Act — aka Obamacare — and concluded as the ACA is implemented the number of full-time workers will drop by 2 to 2.5 million. The biggest impact will be felt by 2016.

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Crop insurance industry aims to build on past successes
Agri-Pulse
Just days after President Barack Obama signed a new five-year farm bill, members of the crop insurance industry celebrated the strides they made in establishing this public-private partnership as the new cornerstone of federal farm policy.

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Nevada Commissioner Scott Kipper appointed to NIPR board
Nevada Insurance Commissioner Scott Kipper has been appointed to the National Insurance Producer Registry Board of Directors. At the same time, the NIPR elected new executive officers.
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Post AIG: Hank Greenberg doing very well
In 2005 AIG — caught in a couple of scandals — ousted its president, CEO, board chairman and company founder Maurice "Hank" Greenberg. Since then Greenberg — who is the majority shareholder of C.V. Starr & Company — has battled AIG execs and the federal government whose bailout of AIG in 2008 cost him and other stockholders billions.
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Workers' compensation costs and attorneys
This story is about California and workers' compensation costs, but the statistics probably could apply to any state. The California Workers' Compensation Institute did some research on work-comp costs and found that 11.6 percent of the state's regular workers' compensation claims and 80 percent of the permanent disability benefits cases from 2005 to 2010 involved attorneys. No surprise, attorney involvement caused significantly higher costs than those cases where attorneys are not involved.
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Consumer surprise: Most avoid cheapest ACA plans
Here's an interesting surprise. Most Americans using the Obamacare exchanges aren't going cheap. Most are taking advantage of government subsidies and are picking mid-level plans.
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 Around PIA Western


Around the PIA Western Alliance States

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PIA Weekly Industry News
Colby Horton, Vice President of Publishing, 469.420.2601
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Rebecca Eberhardt, Content Editor, 469.420.2608   
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Gary Wolcott, Writer for PIA Western Alliance, 503.724.9028   

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