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Congress definitely should not tax the $57.5 trillion in death benefits paid out from life insurance each year, according to the latest IFAwebnews.com poll.
First Rehab Life’s holding company, Rehab Services Corp., has a deal with Eos Partners, a New York City-based private investment partnership, that will enable the company to “significantly accelerate its business expansion activities,” according to a statement.
P-C insurers’ net income, policyholders’ surplus show increases
Private U.S. property-casualty insurers saw their net income, after taxes, rise to $34.7 billion last year, an increase from the $28.7 billion from the prior year.
IRS getting serious about ‘off-shoring’ as deadline for action approaches
The practice of “off-shoring” income, or placing unreported income into foreign accounts, is drawing increased attention from the Internal Revenue Service, according to an international tax attorney.
‘Retirement mindset’ key to motivation to buy long-term care insurance
Consumers must adopt a “retirement mindset,” where they understand the long-term care funding options available to them long before the need exists, according to an industry expert.
The Internal Revenue Service has issued new rules separating enrolled retirement plan agent user fees from enrolled agent user fees and lowering the fees charged.
Oklahoma’s insurance commissioner wants Congress to remove all references to “navigators” deleted from the federal health reform law.
Applications for life insurance up in March, down for quarter
Slightly more applications for individually underwritten life insurance were written in March, according to the monthly MIB Life Index.
The Delaware Department of Insurance has scheduled three public hearings in May to address the proposed affiliation of Blue Cross Blue Shield of Delaware with Highmark Inc.
Any Medicare, Social Security, tax changes ‘disastrous’ to retirees
Possible changes to Medicare and Social Security, along with tax increases, have more than half those between the ages of 55 and 79 fearing whether they can afford their plans for retirement, according to LIMRA research.
Federal health reform would add 10,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Health care cost at all-time high, despite lower rate of increase
Life insurers sell shares in British tech firm to Pa. company
FINRA estimate for IA SROs excludes monetary, administrative details
Most insurance agencies seeing better results than last year
Pa. broker adds $181,000 commission to $2.1M false insurance invoice
A.M. Best rates Pa.-based insurer’s outlook ‘negative’
With five-year plan stuck, House passes new short-term NFIP extension
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