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Is Pierce damage still considered attack damage? For example, if someone is attacking me with Pierce 4 against a character like Insecticon Skrapnel whose text is cant take more than 3 damage during an attack, does that mean even though they have Pierce 4 after adding attack damage, would they only do 3, or would they do 4?

Pierce is an ability that applies to attack damage. But, effects like Insecticon Skrapnels or the Safeguard ability will still apply. In your example, Skrapnel would take only 3 damage.
Source: Wizards of the Coast (2019-11-22)    【Link to Ruling】
Tags: Insecticon Skrapnel, Insecticon Leader, Pierce, Safeguard