Loomis,

Just send the rod back to GLoomis. They will replace it for free. You'll just have to pay the $8 for shipping.

Check out this photo. This 1025 IMX snapped in about the same spot as yours. All I had to do was drop off the butt section to GLoomis and they replaced it for free. This 30lb tule snapped my rod on the hookset.

This is a "feature" of IMX rods. The price of a high performance graphite rod is the brittleness.

So far this season, we (the buddies I've fished with) have snapped 3 IMX 1141's, 1 GLX 1141, and 1 IMX 1025. IMX's break. It's a feature. Fortunately, GLoomis will replace all of them for free. Don't pay that stupid $55 fee. Just deal with GLoomis directly and you'll be fine.