Connelly v. U.S. questioned whether the proceeds of a life insurance policy taken out by a closely held company on a shareholder constitutes an asset of the company when calculating the value of the shareholder’s shares for purposes of the federal estate tax.
Once a red-hot industry subset, the direct-to-consumer life insurance industry is at its nadir with once-promising start-ups like Assurance IQ and Haven Life winding down and others struggling.
The Medicare Hospital Trust Fund is projected to stay solvent until 2036 – five years longer than last year’s prediction, according to the 2024 Medicare Trustees Annual Report.
The U.S. Chamber of Commerce is supporting plaintiffs asking a Texas judge for an injunction to halt a Department of Labor fiduciary rule from taking effect.
A lawsuit filed by nine industry trade associations against the latest Department of Labor fiduciary rule will be heard by a Texas judge with a reputation for vacating federal rules.
Embattled financier Greg Lindberg filed a motion for acquittal, or a new trial, today two weeks after a second jury convicted him of bribing the North Carolina insurance commissioner.