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2020 Unicameral Session Half Over
IIAN Opposed To Sales Tax On Services Bill
Morning floor debate and afternoon public hearings were in full swing in the Nebraska legislature this past week - and February 27th was the 32nd day of this year's 60-day "short" session.
IIAN's Legislative committee
is actively watching 40 bills impacting insurance agents, consumers, or the industry. IIAN joins a long list of business groups in opposing LB 946 - the bill would reduce the state sales tax rate from 5-1/2% to 4% effective October 1, 2021, while extending the tax to include gross income received for "providing a service", as "distinguished from selling or leasing tangible personal property." Property-casualty insurance premiums already include a 3% tax burden, most of which goes to the state's general fund. LB 946 was heard before the Revenue Committee on February 26. Read more about it.
IIAN is closely watching 12 bills impacting Workers' Compensation, including LB 963, which gained first-round approval from Senators on February 26th. The bill is meant to address the mental health strain experienced by emergency first responders, and has "priority" status, which makes it likely to pass this session. It could also become a "Christmas tree" vehicle for other Workers Compensation bills which have not been named priorities, and are running out of time to advance this year - including
LB 846, which would have a negative effect on employers' experience modifications.
Click here
to see IIAN's latest Unicameral Update and bill watch list.
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| Speaker Jim Scheer and LAC Chairman John Deardorff |
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Senators and Staffers Take A Break With The Big "I" for Mardi Gras February 25
Over 90 Senators, their staffers, and IIAN Legislative Advisory Council (LAC) members took a break for conversation, good food, and fun at Billy's restaurant in Lincoln on Tuesday evening, February 25.
"It's great to get to know our Unicameral representatives and their staff members on an informal basis," commented LAC Chairman John Deardorff, Omaha. "It's easy to visit about the issues that are important to independent insurance agents when everyone is having good food and conversation."
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Insurance Coverage For Losses Stemming from the Coronavirus
The coronavirus has not only sickened tens of thousands of people, killed several hundred, and disrupted life for millions, but has also sharply impacted the second-largest economy in the world. Businesses should evaluate whether and how their operations and revenue may be affected by the coronavirus and then closely analyze whether existing insurance policies portentially provide coverage for the losses.
Read more . . .
Source:
Insurance Journal
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Two Young Agent $1,500 Scholarships Available - Apply By March 25
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Listen To Young Agents at the 2018 Big "I" Legislative Conference
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If you're a Young Agent (age 45 or under, or 6 or less years in insurance), and you'd like to join IIAN's officers and hundreds of other agents from across the country for IIABA's annual Legislative Conference in Washington, D.C., May 13-14,
f
ax or e-mail your application for one of two $1,500 scholarships to the IIAN office by March 2 5, 2020!
Each $1,500 scholarship should be sufficient to cover conference registration, air fare, and up to two nights' lodging - and several meals are provided.
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We're Excited about IIAN'S 2020 Spring Conference!
16 Sessions, Up to 13 CEUs* + 9 Great Speakers & 45 Exhibitor Trade Fair
We think you'll like
your choices from 12 one-hour "mini-sessions" on April 2 for 6 CEUs*, OR the CISR Advanced Learning seminar for 7 CEUs.
Just some of the featured one-hour sessions:
Hemp Update, Flood/Disaster Update, Pivots Past Present and Future, Certificates of Insurance, Farm Auto, Farm Succession Planning, Insuring the GIG Economy - and much more!
And that's not all!
On April 3 you'll have your choice of learning how to insure your clients "Toys" from popular instructor Angie Heavener, or "Farm Risk Management, Liability and Side Businesses" from agribusiness guru Casey Roberts - PLUS a new E&O course on Cyber & Privacy Insurance for 3 hours of Ethics CEUs, which can also qualify Westport policyholders for a 10% E&O premium credit.
You'll learn from many of the industry's
top experts and instructors
- including IIABA Director of Federal Government Affairs
Joseph Cortina!
And last but not least,
y
ou'll network with 45 exhibitors and 200 fellow insurance professionals at the
trade fair and reception buffet on April 2! See all the details here.
Click here for more info and to register by March 19 for discount!
*CE approval by NE Dept of Insurance pending.
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Welcome to our newest Big "I" members!
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Cardinal Insurance
Linda Shada - Herman
Resolve Insurance
Luke Meier - Omaha
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Mid Nebraska Agency
Brian Hayes - Wood River
Scheef Insurance
Scott Reilly - Spalding
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Twin Advisers
Justin Brown - Ralston
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MEMBER BENEFIT HIGHLIGHTS
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As a privately-held insurance premium financing company with more than 40 years of experience, IPFS® provides customers with a professional level of care that is unrivaled.
Working with them awards you many benefits including: immediate commission collection, superior account receivable ratios, reduced billing expenses, enhanced service for your clients, increased annual income, and much more.
IIAN has partnered with this industry leader
to provide members with a first-class premium financing experience.
Contact: Mike Keegan, [email protected].
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Agency Cyber Guide 2.0 to the Rescue
The world of cybercrime, data breaches, and loss of personal information is accelerating. Add to the mix the regulations imposed on small businesses from Gramm-Leach-Bliley, the New York DFS and other new state cyber laws, and it becomes a dizzying quandary on where to begin. Our ACT Security Issues Work Group has upgraded their "Agency Cyber Guide" to include increased information not only on regulations and how to get started, but also a comprehensive list of cyber vendors who offer solutions to assist agencies.
Click here to download your guide for Big 'I" members.
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THANKS TO ALL OF OUR IIAN PARTNERS!
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Their support enables IIAN to present affordable, high-quality member programs.
Click logo below to see all 75 of them!
Interested in becoming an IIAN Industry Partner?
Click here.
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