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Supreme Court Confirms Life Insurance Proceeds Received by Corporation Increase Estate Tax Value of...
JD Supra· 1 day agoThe June 6 unanimous ruling by the United States Supreme Court in Connelly v. United States creates a significant change for closely held businesses planning to utilize life insurance ...
US Supreme Court Allows Broad Right to Be Heard in Bankruptcy
Bloomberg Law· 20 hours agoThe US Supreme Court, by restoring insurers’ rights to participate in a bankruptcy proceeding, endorsed a view of the Chapter 11 system that welcomes a wide range of interests in a ...
Axa XL restructures Americas underwriting, confirms layoffs - Business Insurance
Business Insurance· 5 days agoAxa XL, the property/casualty unit of France’s Axa SA, on Monday announced a restructuring of its ...
RiverStone Acquires Electric Insurance; Plymouth Rock Gets Renewal Rights
Insurance Journal· 5 days agoIts owner, General Electric (GE), decided to sell the company for $333 million and exit the ...
Jensten finalises acquisitions of Melville Burbage, Henry Seymour
Life Insurance International via Yahoo Finance· 4 days agoThe company's offerings are designed for salons, clinics, gyms, spas and mobile or freelance...
Mind Springs staff laid off as psychiatric hospital bounces back
The Daily Sentinel· 1 day agoNo severance pay was offered, and employees’ medical insurance and benefits were not renewed past May. “Our medical insurance/benefits were cut off immediately ...
US Supreme Court backs insurers' right to speak up in bankruptcy
Reuters· 2 days ago...on Thursday ruled that insurers have a broad right to weigh in on bankruptcies that may put them...
High Court Clears Insurer to Challenge Asbestos Bankruptcy Deal
Bloomberg Law· 2 days agoAn insurer on the hook to pay thousands of asbestos injury claims has standing to challenge a bankrupt wallboard manufacturer’s restructuring plan, the US Supreme Court said ...
Minimizing Tax Cost in Shutting Down a Captive Insurance Company | The Legal Intelligencer
Law.com· 2 days agoBusinesses often manage property and casualty risk through captive insurance companies. Details of...
Big health insurance rate increases sought for WNY small group, individual plans
The Buffalo News· 5 days agoThe cost of small group and individual health insurance plans across Western New York could increase...