Sunday, December 25, 2022
HomeInsurancePIAW establishes award for Wisconsin legislators supporting insurance coverage sector

PIAW establishes award for Wisconsin legislators supporting insurance coverage sector



PIAW establishes award for Wisconsin legislators supporting insurance sector

The Skilled Insurance coverage Brokers of Wisconsin (PIAW) has established a brand new award in recognition of Wisconsin legislators who show their dedication to bettering the insurance coverage sector, with state meeting member Kevin Petersen being named as its first recipient.

PIAW mentioned the Legislative Excellence Award was created to acknowledge the accomplishments of lawmakers which have demonstrated their assist for key trade points, in addition to holding the state “a flourishing place for unbiased brokers to do enterprise.” It is going to be given yearly to a member of every legislative home, with the PIAW Legislative Committee choosing recipients by means of an analysis of legislators’ contributions through the session and all through their legislative profession.

The primary meeting member to obtain the award is Kevin Petersen (pictured above, heart). He’s vice-chair of the meeting committee on insurance coverage and was just lately elected as Meeting Speaker Professional Tempore.

Consultant Petersen authored 2021 Wisconsin Act 73, which introduces new requirements for insurance coverage cybersecurity in Wisconsin. The act was derived from mannequin laws by the Nationwide Affiliation of Insurance coverage Commissioner and was thought of a precedence problem for PIAW through the 2021-2022 legislative session.

Former PIAW president Julie Ulset introduced the award to Peterson on the State Capitol earlier this week with different PIAW Legislative Committee members in attendance.

“This session, Consultant Petersen helped enact essential laws for insurance coverage cybersecurity,” mentioned Ulset. “He labored constantly over a number of classes to create a closing invoice that may shield client knowledge and assist to maintain the insurance coverage trade robust. We sit up for working with him in his future roles.”

PIAW is a commerce affiliation comprising unbiased brokers and different insurance coverage professionals. It supplies skilled training, advocacy, and different providers all through the state. Final yr, it had voiced its assist for laws seeking to abolish the Federal Insurance coverage Workplace.

“Wisconsin’s Workplace of the Commissioner of Insurance coverage does a greater job of overseeing the trade and defending customers than federal regulators ever may,” mentioned PIAW govt director Peter Hanson in 2021. “The FIO represents an ill-conceived energy seize.”

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