Don’t tax foreign reinsurers: Report
By Will Koblensky Taxing foreign reinsurers taking on risk from their US affiliates would reduce the supply of insurance, increase costs for clients and is particularly negative for the P&C market...
View ArticleStudy Shows Impact Of US Foreign Reinsurance Bill
By Scott Hamilton Brattle Group, a provider of consultancy services and expert testimony, has updated its economic impact study of legislation introduced into the US Congress to close the so-called...
View ArticleNeal Bill could hamper insurance penetration: Study
Rob Lenihan Lawmakers’ years-long attempts to close the so-called Bermuda tax loophole could cause hardship for U.S. businesses and consumers attempting to purchase insurance, a recently released study...
View ArticleIncreasing Reinsurance Taxes Would be a Manmade Disaster
By Josiah Neeley As appeared in Real Clear Policy. With the new Congress underway, tax reform is at the top of the agenda. Many of the ideas now being proposed, such as proposals to fix our punitive...
View ArticleA double whammy for Florida: Tax reform and hurricanes
By Steve Pociask As appeared in The Orlando Sentinel. The election’s promise of tax reform raises both anticipation for some and anxiety for others. One thing is for sure — sensible tax reform will...
View ArticleBorder Adjustment Would Sock Florida with Hugely Higher Insurance Rates
By Christian Cámara As appeared in Insurance Journal. In recent years, Congress repeatedly has considered legislation that would have adversely and profoundly impacted disaster-prone states like...
View ArticleInsurance debate could doom border adjustment tax
By Ian Adams and R.J. Lehmann As appeared in The Hill. President Trump signaled during last week's address to a joint session of Congress that he is, in fact, on board with House Republicans' so-called...
View ArticleFlorida TaxWatch Study Finds Severe Risks to Access to Insurance and...
Border-adjusted tax would have serious negative economic impact on Floridians Washington, DC (March 20, 2017) – The Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued...
View ArticleReinsurance as import may pose risk to Florida: Study
Ted Bunker Florida could see residential and commercial property insurance costs soar if lawmakers slap offshore reinsurers with a national border adjustment tax (BAT) proposed by Republicans in...
View ArticleSouth Florida 100: Steven Geller Speaks Out on the Importance of Reinsurance
Steven Geller As appeared in the Palm Beach Sun Sentinel. Reinsurance is the insurance purchased by insurance companies. Reinsurance is global in nature — hurricanes in Florida, earthquakes in Italy,...
View ArticleHow Trump's border tax could boost your property insurance rate
Ian Adams As appeared in the Dallas Morning News. As Congress and the White House begin talks to reform the U.S. tax code, Texans should be particularly concerned. The taxes on imports that federal...
View ArticleStudy: Border adjustment tax would hike state’s insurance premiums
Lance Traweek As appeared in New Orleans City Business. As Congress contemplates structural changes to the U.S. tax code, proposals that focus on international reinsurance would have unfavorable...
View ArticleStatement on House Committee on Ways & Means Hearing on Increasing U.S...
“The Coalition for Competitive Insurance Rates (CCIR) appreciates and supports the efforts undertaken to enact tax reform and jump-start economic growth," said Tom Feeney, president and CEO of the...
View ArticleOp-ed: Storm is brewing in property insurance market
By Robin Westcott As appeared in The Daytona Beach News-Journal, the Pensacola News Journal, the Tallahassee Democrat and the Ocala Star Banner. Thursday marks the start of hurricane season — a date...
View ArticlePoint of View: Legislative storm takes aim on state amid storm season
As appeared in Palm Beach Post. In Washington, a powerful storm of legislation is brewing that would make it more difficult to obtain and afford the insurance we need to stay protected against natural...
View ArticleOp-ed: Congress should reject the ‘border-adjustment’ tax increase on...
By Manny Diaz As appeared in the Miami Herald. It’s June 1, that dreadful day all Floridians know and fear — it marks the official start of hurricane season. Almost 12 years after Hurricane Katrina hit...
View ArticleOp-Ed:Disaster insurance ‘needed’ to rebuild NC during storm season
As appeared in the Charlotte News & Observer June 1 marks the start of hurricane season, a date North Carolinians know well. But as meteorologists keep a watchful eye on the Atlantic Ocean this...
View ArticleOp-ed: Legislative one-two punch
As appeared in the Greenville Reflector. June 1 marked the start of hurricane season – a date North Carolinians know well. But as meteorologists keep a watchful eye on the Atlantic this summer, my...
View ArticleOp-ed: A border adjustment tax could wreck the reinsurance market
By Mary Kate Hopkins and Alan Nguyen As appeared in the Biloxi Sun Herald If you like your homeowner’s insurance, you might be able to keep it under a border adjustment tax. But it will cost you a lot...
View ArticleOp-ed: A hurricane tax? You cannot be serious
By Ian Adams As appeared in Crain's New York Business In the midst of the most active hurricane season in recent memory, Congress is contemplating tax reform measures that could lead to an additional...
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