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Author Archives: Lee Loftis, Government Affairs
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
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
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
Posted in Governmental Affairs, Uncategorized
Tagged compensation disclosure, Insurance Code
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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
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
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
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
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
Posted in Governmental Affairs, Uncategorized
Tagged TDI, Workers Comp Negotiated Mods
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David Maurstad Chats NFIP with Big “I”
Recently, the Big “I” sat down for a Facebook Live interview with David Maurstad, who now oversees the NFIP. Reauthorization of the NFIP is an important priority for the Big “I” and was a top issue at the association’s Legislative … Continue reading
