The U.S. House of Representatives recently passed a measure (H.R. 4154) that would permanently extend the estate tax rate and exemption amount at this year’s levels. As present, the estate tax has a rate of 45 percent with a $3.5 …
Insurance agents are pleased that the House of Representatives is paying attention to the estate tax but want lawmakers to seize the opportunity to reform the tax rather than simply extend current provisions. Yesterday, the U.S. House of Representatives passed …
The U.S. House Financial Services Committee has passed a measure to create a scaled-back federal office that would be a national insurance information agency with some authority in the area of international insurance agreements. The new federal office would not …
The leaders of the Independent Insurance Agents and Brokers of America (IIBA) are not pleased with the healthcare reform bill that was passed by the U.S. House of Representatives. Agents are particularly opposed to the public option included in the …
The leaders of the Independent Insurance Agents and Brokers of America (IIBA) are not pleased with the healthcare reform bill that was passed by the U.S. House of Representatives. The group is particularly opposed to the public option included in …
The U.S. Senate passed a temporary extension of the National Flood Insurance Program (NFIP) and President Barack Obama signed the legislation into law just few hours before the program was set to expire yesterday. The NFIP extension was passed as …
Tennessee Venture “This is a big opportunity. It’s important for the state to get this and to do this so that we remain competitive. Those funds I’m sure will be weighted fairly evenly throughout the state just for balance and …
Health insurance advisors, independent agents and brokers, consultants and employee benefit specialists combined forces again recently to voice their concerns over the single most important issue for insurance providers today: opposition to a public insurance option as part of any …
The Obama administration’s views on insurance regulation are in keeping with those of many within the property/casualty insurance industry as well as state regulators who now regulate the industry. Most in the industry are happy that the Obama Treasury Department …
Federal legislation designed to streamline licensing for insurance agents and brokers operating in multiple states has been reintroduced in Congress. The legislation, HR 2554, the National Association of Registered Agents and Brokers Reform Act of 2009, or NARAB II as …
