Author Archives: Lee Loftis, Government Affairs

Need Tax Reform Insights? Register for a Free Webinar

Last year, President Trump signed into law the widest-ranging tax reform legislation in decades. Learn more about how the new federal tax law and regulations will impact your business during a free webinar hosted by the Big “I.” Click on … Continue reading

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TWIA: Hurricane Harvey Claim Deadline Approaching

The anniversary of the date Hurricane Harvey made landfall on the Texas coast is quickly approaching on August 25, 2018. Texas law requires TWIA policyholders to report claims for windstorm damage within one year of the date the property was … Continue reading

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TDI Reminder: Deadline Approaching to Report Harvey Claims

As the anniversary of Hurricane Harvey approaches, the Texas Department of Insurance is reminding Texans that some insurance policies have a one-year deadline to file claims. Harvey made landfall August 25. Texas Windstorm Insurance Association (TWIA) claims must be reported … Continue reading

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IIAT Joins TAHU in Filing Amicus Brief

Recently, IIAT joined TAHU (Texas Association of Health Underwriters) in filing an Amicus Brief in the case of Papalia vs. Richard Bryan, currently pending on appeal at the Texas Supreme Court. Q: What is the issue that IIAT and TAHU is … Continue reading

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Treasury Issues Draft Regulations on New 20 Percent Deduction for Pass-Through Businesses

Today, the Internal Revenue Service (IRS) issued the first of three potential regulations governing Section 199A of the tax code. Section 199A provides the 20% tax deduction to an owner or shareholder of a pass-through entity where the owner or … Continue reading

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Big “I” Praises Senate Passage of NFIP Extension

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) praises the U.S. Senate for passing a measure to extend the National Flood Insurance Program (NFIP) through Nov. 30. “The Big ‘I’ thanks the Senate, and especially … Continue reading

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Contact Congress: Renew NFIP

The National Flood Insurance Program (NFIP) is scheduled to expire in two weeks, on July 31, unless the U.S. Congress acts to extend the program. Please take a moment to call your federal legislators (below) with the following message. You will likely speak … Continue reading

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Texas Extends Use of Negotiated Experience Modifiers: What Your Impacted Clients Should Know

TDI has approved a petition filed by IIAT to extend the use of negotiated experience modifiers in the NCCI Experience Rating Plan Manual to July 1, 2019. Without a change, the use of negotiated experience modifiers in Rule 4-C-4 would have expired … Continue reading

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Workers Comp Negotiated Mods Extended

IIAT is pleased to announce that TDI has approved a petition filed by IIAT to extend the use of negotiated experience modifiers in the NCCI Experience Rating Plan Manual to July 1, 2019. Without a change, the use of negotiated experience modifiers … Continue reading

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TDI Hearing on IIAT Request to Extend Work Comp Experience Modifier Deadline

The Texas Department of Insurance will hold a public hearing on a petition IIAT filed to extend the expiration date of negotiated experience modifiers in the National Council on Compensation Insurance (NCCI) Experience Rating Plan Manual for Workers Compensation and Employers … Continue reading

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