4 threats to the insurance industry: tax reform (and 3 others)
May 24, 2016 by Warren S. Hersch
Levies on the “inside buildup” of permanent life insurance, non-qualified deferred compensation and corporate-owned life insurance remain the principal threats to the life insurance industry as the House Ways and Means Committee draws up a “blueprint” for tax reform in advance of the Republican National Convention in July.
So warned participants at a widely attended session of the Association for Advanced Life Underwriting (AALU) 2016 annual meeting, held in Washington, D.C. May 1-3. A regular feature of the conference, the “Washington Update LIVE!” explored prospects for tax reform, repeal of the estate tax, as well as other legislative and regulatory changes that may go into effect this year or next. Click HERE to read more…