Taxes Coming in 2017 to Pay for Education
To meet the state's education spending obligations, IIABW is anticipating tax increases of $1 - $1.5 billion -watch for a new state-based capital gains tax (5% rate) and the elimination of "tax preferences" such as the insurance producers' B&O tax rate. [+]
Record Retention Recommendations
Here are recommended record retention recommendations from IIABW's endorsed E & O insurance company, Swiss Re. [+]
OIC Passes New Anti-Rebating/Inducement Rules
The Office of the Insurance Commissioner has passed a rule which went into effect in January 2016 to clarify how our state's rebating laws impact charitable contributions and referral gifts.[+]
Young Agents Holiday Reception 11/17: Kirkland
IIABW’s Young Agents Committee will be hosting a night of food, drink and networking while helping to support Northwest Harvest. Up to 100 industry professionals typically attend this event and donate 2000+ pounds of food annually. [+]
Changes in Overtime Pay Regulations
The following is testimony presented to Congress on the impact the new Dept. of Labor Rules would have on agencies [+]
Insurance Implications of Rideshare Services
IIABW provides this one-page flyer for agents to provide their customers to explain the insurance implications of rideshare services like Uber. Get a copy of it in MS Word so you can customize it (put your logo on it) by sending an email to[+]
New RCWs for Agents
Here are some of the new rules that IIABW is advocating on behalf of agents with the Office of the Insurance Commissioner[+]
Big “I” and Future One Release 2016 Agency Universe Findings
ALEXANDRIA, Virginia, Oct. 26, 2016—The number of independent insurance agencies has remained stable, and the system as a whole is dynamic as business conditions continue to improve and embrace technology, according to the 2016 Agency Universe Study (AUS).[+]
Have a Safe and Happy Halloween from Trusted Choice®
ALEXANDRIA, Virginia, Oct. 25, 2016—With Halloween just a few days away, many consumers may not realize how frightening this scary night could be for their personal safety, their property or their bank accounts. Trusted Choice® independent insurance agents can help families and businesses better prepare for hazards that may approach in disguise or on Halloween night. [+]
Big “I” Markets Expands Small Commercial Offerings
ALEXANDRIA, Virginia, Oct. 20, 2016 —Markets Big “I” Markets (BIM), a division of the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”), is expanding its small commercial offerings to include additional carriers and coverage areas. [+]