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The Trump tax cuts helped CNA Financial Corp.'s 2018 third quarter net income soar. Lower catastrophe losses also helped the bottom line, but investment income declined. Net income for the ...
The Hartford booked significantly higher net income during its 2018 third quarter, thanks largely to higher returns in several lines and lower taxes. Third quarter 2018 net profit came in at $427 ...
The Treasury Department has moved to clear up some confusion in the Trump tax cut law by proposing that the full 20 percent deduction for pass-through businesses be made available to a broad spectrum ...
Tax reform and lower catastrophe losses helped make all the difference for private U.S. property/casualty insurers in the 2018 first quarter. Their net income after taxes surpassed $17 billion during ...
Republicans are considering a fix to a provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. But congressional gridlock ...
American International Group is expanding its presence in the pension risk transfer market, spurred in part by the Trump tax cuts. "We are seeing significant opportunity in this market, driven by tax ...
An unexpected decline in auto accident frequency helped The Allstate Corp. soar in its 2018 first quarter, along with lower catastrophe losses. The Illinois-based insurer also credits the Trump tax ...
The U.S. has regained its position as the most active region for M&A activity in the global insurance industry, and the Trump tax cuts could boost that activity even further, according to a ...
The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies and will boost profitability for many of these firms, particularly those that have been paying high effective ...
Tax reform, InsurTech and run-off transactions will be among the big drivers of insurance industry mergers and acquisitions in 2018, according to a new Deloitte report. Deloitte said that the Trump ...
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