NU Online News Service, Oct. 15, 10:27 a.m. EDT
Former Montana Senate Majority Leader Fred Thomas, R-Stevensville, has assumed the office of president of the National Association of Professional Insurance Agents (PIA).
Mr. Thomas was installed as president during a meeting of the PIA's board of directors in Traverse City, Michigan on Oct. 3. He will serve a one year term.
Mr. Thomas built, operated and owned an independent insurance agency in Montana and served 16 years in the Montana legislature. He is currently branch manager of the Bitterroot branches of Western States Insurance.
As Montana Senate Majority Leader, Mr. Thomas led the successful effort in 2003 to remodel Montana's income tax code by cutting the tax brackets from a maximum of 11 percent to a maximum of 6.9 percent and cutting capital gains from a maximum of 11 percent down to a maximum of 4.9 percent.
"It is an honor to serve as an officer of PIA, a national association representing professional, independent insurance agents in all 50 states," said Mr. Thomas in a statement. "PIA is an activist, grassroots organization that seeks to protect the business and professional interests of its members, the owners of independent insurance agencies throughout the nation. Our commitment to our customers and our communities is exemplified by PIA's motto, 'Local Agents Serving Main Street America.'
"PIA is at the forefront of the issues that affect our members and their clients every day," he said. "PIA's commitment to advocacy will continue unabated."
In addition to ongoing legislative initiatives, Mr. Thomas said another key priority is the impending launch of the PIA Professional Liability Insurance Company (PIAPRO), a PIA member-owned company formed by PIA Services, Inc. to offer errors and omissions insurance coverage exclusively to PIA members.
"Understanding people and motivating them is a key to success," said Mr. Thomas. "I have used this in the insurance business, in the Montana legislature and in all my leadership endeavors. This success is based on respecting others and their diverse opinions. It has served me well personally, in business and in public service."
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