Spring Flooding Could
Be "Unprecedented"
with 200 Million At Risk
The National Weather Service warns that even as spring flooding
has
already been disastrous, it is expected to get worse,
reaching "unprecedented" and "potentially historic" levels.
Deputy Director Mary Erickson says almost the entire eastern two-thirds of the nation
should see flooding this spring, and some 25 states are forecast to see "moderate" to
"major" flooding.
The deadly, destructive flooding that began last week from Minnesota to Missouri has
killed at least four people, caused more than $1.5 billion in estimated losses and
damages, and destroyed more than 2,000 homes. Scientists said this month's flooding
was caused by rapid snow melt combined with heavy spring rain and late-season snowfall
in areas where the ground was already saturated.
The Midwest floods are "a preview of what we expect throughout the rest of the
spring," she said. "The flooding this year could be worse than what we have seen in
previous years … even worse than the historic floods we saw in 1993 and 2011,"
Erickson added.
PIA-Backed FIO Repeal Bill Reintroduced
A bill backed by PIA to repeal the Federal Insurance Office (FIO)
has
been reintroduced in the U.S. House by
Rep. Alex Mooney (R-WV).
"The FIO has never been necessary," said PIA National Vice President
of Government Relations Jon Gentile. Advocates of federal insurance
regulation succeeded in getting the FIO established as part of the
Wall Street Reform and Consumer Protection Act (Dodd-Frank)—but
PIA fought back attempts at the time to give the FIO broad regulatory
authority. PIA National was the first national association to call
for the repeal of the FIO.
PIA worked closely with Rep. Mooney on developing his bill.
PIA National will continue this effort by vigorously advocating for
Rep. Mooney's legislation at the upcoming PIA National congressional
fly-in, the PIA Federal Legislative Summit, and throughout the
116th Congress.
PIA Market Access — April 16, 3 PM ET
State Lines
PIA
Market Access is a wholesale market access program that
will help PIA members access over 50 nationwide and specialty personal and commercial
lines markets from a number of admitted "A" or better-rated companies. PIA members
participating in the PIA Market Access Program will retain ownership of their book
of business, and if they should choose to leave the program, there are no exit fees.
Agents can expect to see competitive commission rates.
Register.
Other upcoming PIA webinars:
Build
Better Sales Teams Through Effective Communication — April 17
at 2 PM ET
AVYST
eForms Wizard — April 25 at 2 PM ET
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