V2 2023

In This Issue:

News Brief 6-7

Gen Z Shuns Cars, Drivers Licenses. Insured Losses for Turkey-Syria Quakes Could Top $5 Billion. Insurance Industry Employment Mixed. An Insurance Gap in Missouri's New Madrid Zone. Extreme Weather Events Cost $156 Billion in 2022.

PIA Announces Priorities For 2023 Advocacy 8

PIA Policy Priorities for 2023 have been developed in consultation with PIA members throughout the country. "While these items are our top priorities for 2023, PIA is always working to promote the interests of our independent agent members, wherever those interests take us'" said Jon Gentile, vice president of government relations for PIA.

Capitol Hill Update 9

PIA VP of Government Relations Jon Gentile looks at two bills before the 118th Congress, a data privacy bill that would preempt state law and a flood insurance continuous coverage bill.

PIA Participates In Flood Insurance Panel 10

PIA's counsel and director of regulatory affairs recently participated in a panel discussion hosted by the National Flood Association (NFA), on whose board she serves.

Regulatory Brief 11

PIA Counsel and Director of Regulatory Affairs Lauren G. Pachman, Esq. with an update on the Labor Department considering an update to the requirement known as the Overtime Rule, which addresses worker eligibility for overtime.

Prevent Security Threats With PIA Cyber Insurance 13

Cover Story

FTC Proposes Ban On Non-Competes 14-15

The Federal Trade Commission (FTC) is considering a proposed rule that would ban employers from entering into non-compete clauses or agreements with their workers. The proposal has prompted concern and outrage. PIA Counsel and Director of Regulatory Affairs Lauren G. Pachman, Esq. takes an in-depth look.

Department

From the President 5

From the CEO 5

PIA Member Benefits 16

PIA Member Benefit Spotlight 17

PIA Connection Marketplace 17

PIA Affiliate Listings 18