Foreign reinsurers opposing a proposed offshore insurer tax increase have criticized a YouTube video released by the measure's proponents, calling it "inaccurate and misleading."
Proposed legislation denying tax deductions for reinsurance premiums paid to offshore affiliates will likely pass through Congress, a Bermuda executive predicted recently, but he criticized the measure as a restriction of free trade.
Proposed legislation denying tax deductions for reinsurance premiums paid to offshore affiliates will likely pass through Congress, a Bermuda executive predicted here yesterday, but he criticized the measure as a restriction of free trade.
A prolonged soft market combined with a declining economy has led to unprecedented negative premium growth throughout the U.S. property and casualty industry for two consecutive years.
Social media sites such as Facebook, Twitter, and YouTube may be major global forces, but a review of such activity in Florida's insurance community shows limited engagement.
Besides preventing the risk of spreading flames, automatic sprinkler systems have an environmental benefit, according to research by an insurer and a charity group, which set a few fires to discover this.