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Category Archives: Governmental Affairs
Congress Passes Farm Bill
Last week, Congress approved a five-year Farm Bill, which President Trump has indicated he intends to sign. The bill passed with strong support in both the U.S. Senate and House of Representatives, with votes of 87-13 and 369-47, respectively. Earlier … Continue reading
Big “I” VP Analyzes Possible Impacts of Election on P&C Insurance
Charles Symington, Big “I” senior vice president for external, industry & government affairs recently talked to Insurance Journal about what the mid-term elections could mean to you. Kicking off the discussion, Symington described the new landscape where each party has claimed some … Continue reading
2018 Election Results – “The Beto Effect”
With the 2018 elections behind us, we can now begin to assess what we should learn from the results. Although Beto O’Rourke was not successful in knocking off Sen. Ted Cruz, the excitement created by his candidacy, along with straight … Continue reading
Register for Big “I” Legislative Day
On Tuesday, January 29, the final day of the Joe Vincent Management Seminar, IIAT members are invited to join IIAT’s Governmental Affairs Team for Big “I” Legislative Day Following the final session of the Joe Vincent Management Seminar, on Tuesday, Jan. 29, … Continue reading
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
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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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
