Indiana Guaranty Fund Tax Credits Under Legislative Review

It is likely that the Indiana General Assembly will study the basis for, and continued utility of, tax credits allowed for insurance guaranty fund assessments during the 2012 interim.  Currently, both life and health and property & casualty fund assessments may be recouped with a credit of up to 20% of the assessment allowed each year following the assessment for 5 years.  The issues will surely focus on the fairness of all Indiana taxpayers ultimately bearing the burden for insurance insolvencies versus insurance policyholders.

About Dan Seitz

Dan Seitz is a partner, member of the firm’s Health Care Group, member of the Business Services Group and former managing principal of the firm’s public affairs ancillary businesses, Bose Public Affairs Group LLC and Bose Ping Government Strategies LLC. He was formerly vice president of governmental relations for Lincoln National Corporation based in Fort Wayne, Indiana. Mr. Seitz has worked in the Indiana legislature and with Indiana regulatory agencies since the early 1970s with particular emphasis on health policy and insurance transactional and compliance matters.
This entry was posted in Health Insurance, Life Insurance, Mutual Companies, Regulation, Uncategorized and tagged , , , . Bookmark the permalink.

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