The Internal Revenue Service (IRS) this week announced that it will provide temporary transition relief through the middle of 2015 for “small employers” (those with less than 50 full-time employees, including full-time equivalents) that offer “employer payment plans.”
President Obama unveiled new data protection and cyber security legislative proposals aimed at enabling public-private sector information sharing, establishing a national standard for data breach notification and modernizing law enforcement authorities to combat cyber crime.
President Obama signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2015 (H.R. 26). The bill is a six-year extension of the terrorism risk insurance program and also includes The Council’s long-sought NARAB provision to create an interstate agent/broker licensure clearinghouse.
Steptoe & Johnson have taken a deeper dive into the changes to expect moving forward on both TRIA and the National Association of Registered Agents and Brokers (NARAB).
U.S. Senate overwhelmingly voted to enact a six-year extension of the Terrorism Risk Insurance Act. The act is identical to the legislation approved yesterday by the U.S. House of Representatives. It includes our long-sought NARAB provision to create an interstate agent/broker licensure clearinghouse.
The 114th United States Congress is being sworn in today and we need your help urging them to reauthorize the Terrorism Risk Insurance Act (TRIA).
