Big ‘I’ Praises Reintroduction of Main Street Tax Certainty Act

​Legislation to make small business deduction permanent reintroduced in House and Senate. WASHINGTON, DC, February 26, 2021— The Independent Insurance Agents & Brokers of America (the Big “I") is grateful for the reintroduction of the “Main Street Tax Certainty Act" in the U.S. House of Representatives by Reps. Jason Smith (R-Missouri) and Henry Cuellar (D-Texas) and in the U.S. Senate by Sen. Steve Daines (R-Montana). The legislation would make permanent a 20% deduction on qualified business income for some owners and shareholders of pass-through businesses.“The Big 'I' thanks Reps. Smith and Cuellar and Sen. Daines for their work to reintroduce the Main Street Tax Certainty Act,"…

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Agents Make Their Voices Heard in Albany

During this week's Independent Agents Advocacy Week, more than 70 independent agents conducted virtual meetings with more than 40 state legislators to call for pro-policyholder reforms. Key issues included making the auto photo inspection requirement voluntary, streamlining the process for placing coverage in the excess market, repealing the anti-arson application, and preventing no-fault insurance fraud.The event gave Big I NY members the opportunity to meet face to face with their elected state representatives. Kelly Gonyo, owner of the Blue Line Insurance Agency said,“I am so fortunate to have been given an opportunity to use my voice to directly speak with our lawmakers who represent us in…

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Homeowners Coverage Proposed by Big I NY Available Now in NY

​An endorsement to the Insurance Services Office (ISO) Homeowners insurance program, which Big I New York initially proposed, has been approved by the New York State Department of Financial Services (NYSDFS). The form gives homeowners coverage for damage to underground utility service lines. It will allow you to offer better protection against very expensive losses to your Homeowners clients.Since 2012, Big I New York has been a member of the Mid-America Insurance Conference,  a forum where independent agents, trade association staff, and representatives of industry standards-setting organizations discuss topics such as property-casualty coverage, rules, forms, and other technical aspects within the industry. ISO, the National Council on…

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