News


Study: Tax Reform Should Not Push Special Interest Trade Protectionism

WASHINGTON, May 15, 2015 — The Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, today endorsed a newly-released report by Laffer Associates which finds some provisions of past comprehensive corporate tax reform proposals and proposals under review by both the Senate Finance and House Ways and Means Committees to […]

Bipartisan Coalition Disappointed In Senate Finance Working Group’s Failure to Dismiss Protectionist Measure

Consumer insurance coalition warns that US businesses and consumers will be impacted by discriminatory tax  Washington, DC (July 9, 2015) — The Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, today remains cautiously optimistic of the Senate Finance Committee’s treatment of foreign affiliate insurance companies in […]

FY 2017 Budget Provision to Tax Foreign Insurers Opposed by Bipartisan Coalition

President’s budget would reduce competition and consumer access to affordable insurance Washington, DC (February 9, 2016) — The Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, today condemned an inequitable provision in President Obama’s FY 2017 budget that would deny a routine business tax deduction […]

Warner-Neal Foreign Reinsurance Legislation Opposed by Bipartisan Coalition

Bills would stifle competition and consumer access to affordable insurance Washington, DC (September 29, 2016) — The Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, today vocalized their disapproval of legislation introduced by Sen. Mark Warner (D-VA) and Rep. Richard E. Neal (D-MA) (S. 3424 […]

Hurricane Tax Threatens to Batter Tax Reform

As appeared in Forbes. Tax wonks in Washington are expecting a bit of a policy hurricane on November 1st when the House Ways and Means Committee releases its tax reform draft. But that’s nothing compared to the actual hurricane season just experienced in Texas, Louisiana, Florida, and especially Puerto Rico. The two types of hurricanes–one […]

CCIR to Congress: Ax the Disaster Recovery Assistance Tax

WASHINGTON, DC (November 2, 2017) – Today the Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, released the following statement in opposition of a proposal included in the tax plan released today by the House Ways and Means Committee: “As Texas, Florida and other states […]

Brattle Economists Study Impact of Reinsurance Taxes on the U.S. Insurance Market

A new study co-authored by Brattle economists examines the impact that a Border Adjustment Tax (BAT) could have on the U.S. insurance market. The report builds on prior Brattle analyses from a January 2017 report that focused on the Neal/Warner Bill tax proposal. The new study reaffirms the importance of U.S. catastrophe insurance and reinsurance and discusses […]

Egads! – a Hurricane Harvey recovery tax

As appeared in The Houston Chronicle. Hurricane Harvey appears likely to go down as the costliest hurricane in U.S. history. The estimates are wide-ranging – from $70 billion in damages projected by catastrophe modeling firm RMS, to Ball State University’s eye-popping tally of $196 billion in direct and indirect losses – but nearly all project […]

Commentary: Florida needs to get serious about reinsurance coverage

As appeared in the Orlando Sentinel These days, it’s hard to get politicians to agree about anything, and that’s too bad. But unless Florida’s congressional delegation comes to a consensus relating to a provision of the Republican tax reform package that could limit the ability of insurers to spread risk internationally, policyholders in Florida — […]

Study: Reinsurance Tax Proposal Pushes Anti-Growth Agenda

Tax Foundation finds that tax would reduce GDP by twice the amount of revenue it would collect Washington, DC (February 18, 2015) — The Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, today endorsed the findings of a newly-released economic study by the Tax Foundation forecasting […]