WASHINGTON, Aug. 6 /PRNewswire-USNewswire/ -- The National Association
 of Professional Insurance Agents (PIA) is hailing the results of a
 nationwide survey showing that small business owners oppose the idea of the
 federal government regulating insurance.
     One of the questions asked by the National Federation of Independent
 Business (NFIB) of its members in their periodic mail-in Member Ballot on
 federal issues was, "Should Congress repeal the anti-trust exemption for
 insurance companies and regulate them at the federal level?" By nearly
 two-to- one, NFIB members who mailed in their ballots expressed opposition,
 by a 46-28 percent margin, with 26 percent undecided. Results were reported
 in the August/September 2007 issue of NFIB's magazine, My Business.
     "These results demonstrate that America's small businesses are firmly
 opposed to the creation of a new federal insurance bureaucracy in
 Washington, D.C. as proposed by advocates of the so-called optional federal
 charter," said PIA National President Donna L. Pile. "Main Street business
 owners know that the best regulation is that which is closest to the
 people, within each of our states. The success of the insurance industry
 under state regulation illustrates that the needs of the marketplace are
 best met at the local level."
     Pile's remarks came as Professional Insurance Agents across the country
 -- local Main Street insurance agents -- participate in a month-long series
 of activities during August centered on meetings with federal lawmakers
 during the summer congressional recess. This year, PIA members have made
 opposition to The National Insurance Act of 2007 (H.R. 3200, S. 40) a focal
 point of these meetings.
     Founded in 1931, PIA is a national trade association that represents
 member insurance agents and their employees who sell and service all kinds
 of insurance, but specialize in coverage of automobiles, homes and
 businesses. PIA members are Local Agents Serving Main Street America SM.
 PIA's web address is http://www.pianet.com.
     This press release online at:
 http://www.pianet.com/NewsCenter/PressReleases/8-6-07.htm
 
 

SOURCE National Association of Professional Insurance Agents