Category: News and Resources


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 — […]

CCIR to Congress: BEAT Will Negate Tax Relief for Consumers and Businesses

WASHINGTON, DC (December 16, 2017) – Today the Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, expressed disappointment in the House-Senate Conference Agreement for H.R. 1, the “Tax Cuts and Jobs Act” that includes a harmful Base Erosion and Anti-Abuse Tax (“BEAT”) that will unfairly […]

Op-ed: Proposed Tax Targeting Global Affiliate Reinsurance to Raise Costs for Americans

As appeared in the Morning Consult. “A win-win for American taxpayers and American-based businesses.” That’s the claim that was recently made by an insurance executive who was advocating a punitive new tax targeting global affiliate reinsurance. This new tax targets global insurers like Zurich Insurance Group and will add billions in costs for American businesses […]

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 and […]