How Disasters, Tax Reform Affected P/C Insurers’ Performance in 2018 April 1, 2019 Mainly due to above-average catastrophe losses, the aggregate financial performance of U.S. publicly traded property/casualty insurers deteriorated slightly in 2018,...
Republicans Move to Clarify Tax Provision on Sexual Harassment Claims August 21, 2018 By David Morgan U.S. Senate Republicans on Thursday sought to correct a section of President Donald Trump’s tax overhaul that threatened to prevent...
P/C Insurers Double Q1 Profit on Tax Changes, Growing Economy, Lower Cat Losses July 16, 2018 By Andrew G. Simpson Tax reform, a growing economy and lower catastrophe losses helped U.S. property/casualty insurers more than double their first quarter profit...
New Pass-Through Tax Guidance Now Expected by End of July July 12, 2018 By Laura Davison U.S. Treasury Department rules outlining which businesses structured as S corporations, partnerships and limited liability companies can claim a 20...
What They Are Saying About Effects of Trump Tax Cuts on Insurance Industry December 22, 2017 Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is...
MetLife CEO Says Businesses Must Give Up Tax Breaks for Lower Tax Rate April 28, 2017 By Katherine Chiglinsky MetLife Inc. Chief Executive Officer Steve Kandarian said industries must be willing to forfeit some of their advantages in the...
Insurers Caught In Municipal Bond Slump While Awaiting Trump Tax Plan February 28, 2017 By Sonali Basak, Romy Varghese and Lisa Du The disruption in the municipal bond market is punishing some of the most loyal buyers of the debt. The insurance...