Trump tax cut News

After Tax Cuts, Insurers Shy Away from Muni-Bonds

Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion municipal-securities market. The disclosures, made …

Tax Law Will Benefit U.S. P/C Insurers, Says Moody’s

The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies, which will boost profitability for many of these firms, particularly those that have been paying high effective tax rates. The Trump tax reform will also …

P/C Insurers’ Bottom Line Should Benefit from Trump Tax Cut

Federal tax reform was a big topic of discussion at the Insurance Information Institute’s 2018 P/C Joint Industry Forum, with panelist Jay Gelb of Barclays Capital stating the recently passed tax law is going to be “a clear bottom-line benefit …

How Republicans’ Senate, House Tax Bills Differ

Expiring tax cuts, business perks and health care politics loom over House and Senate Republicans as they face the daunting task of hammering out the differences between their competing bills to rewrite the U.S. tax code. Different versions of the …