Coalition: Positive News for Florida Insurance Consumers

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Coalition for American Insurance: Positive News for Florida Insurance Consumers Washington, D.C. (June 8, 2018) – The Coalition for American Insurance pointed to welcome news by JLT Re that capital in the reinsurance market remains strong and reinsurance renewal rate changes for Florida property were negligible at the June 1 renewal, much lower than had been… Read more »

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Coalition: Tax Cuts and Jobs Act Already Working

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WASHINGTON, D.C. (January 10, 2018) – The Coalition for American Insurance pointed to news that Assurant, Inc. will remain a U.S.-based company as proof that the Tax Cuts and Jobs Act is already keeping U.S. jobs and profits here at home. Assurant, Inc. announced in a statement it will amend the structure of its previously announced… Read more »

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Coalition Applauds Final Passage of Tax Cuts and Jobs Act

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WASHINGTON, D.C. (December 20, 2017) – The Coalition for American Insurance is pleased to thank Congress for passing the Tax Cuts and Jobs Act, an important policy achievement for the U.S. insurance industry and its customers. The first major tax reform package in three decades will establish a more level playing field for all insurers doing business… Read more »

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Coalition: We Support the Tax Cuts and Jobs Act

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    WASHINGTON, D.C. (December 18, 2017) – The Coalition for American Insurance strongly supports the final version of the Tax Cuts and Jobs Act. The historic legislation includes a significant reform that will ensure more equal tax treatment for U.S. based insurers and consumers by addressing a longstanding loophole that allowed foreign insurance companies to move their… Read more »

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Coalition Urges Conference Committee to Maintain Senate Base Erosion Language

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WASHINGTON, D.C. (December 8, 2017) – The Coalition for American Insurance is urging members of the Conference Committee on the Tax Cuts and Jobs Act to maintain language included in the Senate passed version of the bill that takes significant steps to close the Insurance Tax Haven Loophole. In a letter to conferees, the Coalition… Read more »

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Coalition Applauds Senate Passage of Tax Reform

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WASHINGTON, D.C. (December 2, 2017) – The Coalition for American Insurance applauds Senate approval of tax reform legislation. The Senate passed version of the Tax Cuts and Jobs Act takes significant steps to close the Insurance Tax Haven Loophole and thereby will ensure that foreign-based insurers can no longer offshore U.S.-generated profits to avoid U.S…. Read more »

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Coalition Letter in Wall Street Journal

Posted by & filed under Letters, News, Opinions, Uncategorized.

WASHINGTON, D.C. (November 27, 2017) – The Coalition for American Insurance voiced support today for a recent Wall Street Journal editorial that focused on the importance of reducing base erosion through tax reform. The original editorial can be viewed HERE. The text of the Coalition letter is below. Senate’s Take on Tax: Best to Reduce… Read more »

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Coalition Commends Inclusion of Anti-Base Erosion Provisions in Senate Bill

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WASHINGTON, D..C. (November 17, 2017) – In a letter to Senate leaders today, the Coalition for American Insurance commended the Senate for including strong anti-base erosion provisions in its version of the Tax Cuts and Jobs Act to help close the Insurance Tax Haven loophole. The letter reads in part:   “The Coalition for American… Read more »

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Congressman Budd Floor Statement on Closing Insurance Tax Haven Loophole

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WASHINGTON, D.C. (November 16, 2017) – Congressman Ted Budd (R-NC) delivered a statement on the floor of the U.S. House of Representatives today in support of closing the Bermuda Insurance Tax Haven loophole. The loophole allows foreign-based insurers to shelter income overseas and avoid paying U.S. taxes. Congressman Budd has been a leader on this… Read more »

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