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Auto insurance at Wal-Mart?: PIA National reacts
Everything at Wal-Mart is cheaper. No. We don't want to pick on Wal-Mart and need to be fair. Less expensive might be a better description. Working on that theory and the theory that everyone loves shopping at America's greatest superstore, Wal-Mart is now offering auto insurance. The superstore has partnered with autoinsurance.com to develop a website where consumers can compare their auto insurance rates and shop for less expensive policies.
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 PIAW Happenings


Internet Explorer bug: PIA National says be careful
Internet Explorer has a bug. A bad one. It's so serious the U.S. Department of Homeland Security is advising you to consider using alternatives to the Microsoft browser until the company fixes a security flaw that hackers have used to launch attacks.
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PIA Oregon tracking Cover Oregon changes
Cover Oregon's board of directors has decided its too expensive to fix the state's health insurance website. So the recommendation is to have Oregon become part of the federal exchange HealthCare.gov.
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 Industry News from PIA Western Alliance


Debate 1: Demanding a stop to European financial standards on insurers
The Property Casualty Insurers Association of America and the National Association of Mutual Insurance Companies want the U.S. Senate to investigate efforts to impose global capital standards on insurance companies.
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Debate 2: Face-to-face debate on US vs. European standards
At a forum in Washington, D.C., hosted by the National Journal insurance executives, state insurance commissioners and federal officials debated the role of the federal government in America's state-based insurance regulatory system.
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Debate 3: NAIC, Europe work on agreement
Representatives from the National Association of Insurance Commissioners and the European Insurance and Occupational Pensions Authority held a series of meetings to advance a mutual regulatory understanding of insurance activities in the U.S. and EU. Topics for discussion during the regulator meetings included group supervision, market regulation and global systemic risk.
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Finally, the Insurance Capital Standards Act of 2014
Congress finally is going to work on differentiating between banks and insurers when it comes to financial rules and systemic risk to the nation's economy. The bill is a bipartisan effort and it's titled the Insurance Capital Standards Clarification Act of 2014.
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Study: Forget Wal-Mart, people prefer an independent agent
PIA National did a nationwide study and found consumers want what PIA professional independent insurance agents have to offer.
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TRIA: A hot topic for congress
The Terrorism Risk Insurance Act will be a hot congressional topic in Congress for quite a while. First, the Senate Banking Committee and the House Financial Services Committee will look very seriously at what renewal will look like. Secondly, the industry is going to try to use the renewal of TRIA to limit the ability of the Federal Reserve Board to impose bank-centric financial standards on insurers.
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Looking for similar articles? Search here, keywords TERRORISM INSURANCE.


Obamacare navigators: Controversy continues
PIA supports the adoption of strict standards governing navigators. So the association was pleased when recently Gov. Jan Brewer, R-Ariz., signed into law a measure requiring the State Insurance Department to license navigators who help consumers choose health plans through the Affordable Care Act exchanges.
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The age of insurance agents: A big problem
For years, industry executives have been pushing to grow the industry younger. It's not working. Agencies are having more trouble getting younger than companies. A study from MarshBerry says the average age of today's insurance agent is 59. That means a quarter of the industry is set to retire on or about 2018.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Wal-Mart enters the auto insurance business (USA Today)
PIA National alert: Windows XP support ends (PIAW)
The worst states for an auto claim (PIAW)
Update: Cover Oregon 1 — state decides to bag it (PIAW)
Just 1 reason to support your PIA PAC (PIAW)

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


Update Cover Oregon: The Federal Exchange decision may not be Legal
Cover Oregon's board of directors — based on the recommendation of a consultant — decided it will be too expensive to fix the state's Obamacare exchange. After $240 million spent, $100 or so million for a fix was just too much and would take too much time.
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CIAB: 1st quarter results moderate
The first quarter of 2014 didn't look bad but it didn't look as good as the fourth quarter of 2013. The Council of Insurance Agents and Brokers said commercial rates grew 1.5 percent compared to 2.1 percent in the fourth quarter of last year.
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FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
Obamacare co-ops undercut insurance giants. Can they survive?
BloombergBusinessweek
Health Republic is one of 23 "consumer operated and oriented plans," or co-ops, created through the Affordable Care Act via $2 billion in low-interest federal loans. To some big insurance carriers, premiums such as Health Republic's look too low.

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Agents and carriers: It's not a competition
Insurance Networking News
In an age of fast-paced life where families barely have time to eat dinner together because of their hectic schedules, it's nice to know that insurance agents are ready, willing and able to come to their rescue.

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FIO to study auto insurance affordability
PIAW
The Federal Insurance Office is going to look at whether auto insurance is affordable and available to the poor and minorities in underserved communities. Right now it is taking comments on how a study on that insurance should be defined.

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ACA: Who paid premiums still in dispute
The dispute as to who has paid for their Affordable Care Act insurance and who hasn't continues. The Centers for Medicare and Medicaid Services say health insurers are pegging the number paying for their insurance after enrolling in the federal insurance exchange — HealthCare.gov — is 80 to 90 percent.
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Obamacare by the numbers
As usual the numbers, surveys and tracking of the Affordable Care Act and its implementation continues to be mixed. Kaiser Health's monthly polls — done after open enrollment finally closed — found our view of the Affordable Care Act is unchanged and most of us feel it has fallen way short of expectations.
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Wildfires: A 30-year trend
This study has conclusions that surprise no one. The American Geophysical Union's publication Geophysical Research Letters did research that concludes the western U.S. has seen more and bigger fires in the last 30 years.
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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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