News - Part 2


Bermuda Insurers and Reinsurers Highlight Key Provisions of Obama Climate Action Plan

Bermuda Insurers and Reinsurers Highlight Key Provisions of Obama Climate Action Plan ABIR President Kading Urges Cooperation on Hazard Mitigation Washington, DC (July 1, 2013)—Bradley Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR), today released a letter sent to President Obama in response to his Climate Action Plan that […]

Coalition Warns Tax on Reinsurers will Increase Costs, Limit Coverage Availability

Proposed Discriminatory Tax on Reinsurers will Increase Costs, Limit Coverage Availability for American Consumers (Washington, DC) – May 22, 2013 – The Coalition for Competitive Insurance Rates (CCIR), the leading voice for continued and increased competition within the insurance industry, strongly objected today to H.R. 2054, introduced by Congressmen Richard Neal (D-MA) and Congressman Bill […]

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 […]