Life Insurance

MassMutual to Buy American Financial Annuity Unit
M&A

MassMutual to Buy American Financial Annuity Unit

The $3.5 billion deal came a day after Allstate said it would sell its life insurance business to private-equity giant Blackstone for $2.8 billion.
By Matthew Heller | January 28, 2021
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Prudential to Sell South Korean Insurance Business
M&A

Prudential to Sell South Korean Insurance Business

The insurance giant is shedding part of its overseas assets ahead of U.S. life insurance accounting changes.
By Lauren Muskett | April 10, 2020
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Why Life Insurance Portfolios Must Be Audited
Risk Management

Why Life Insurance Portfolios Must Be Audited

While companies have good reasons to buy insurance on executives' lives, lax monitoring of policy performance can destroy much of the value.
By David McCann | May 30, 2018
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More than Just Audits: The New IRS Compliance Campaigns
Tax

More than Just Audits: The New IRS Compliance Campaigns

The IRS plans to enforce taxpayer compliance by reorganizing its own resources to focus around these specific issues of concern.
By George Farrah | March 14, 2017
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‘Dead Peasant Insurance’ Still Alive in Corporate America
Workplace Issues

‘Dead Peasant Insurance’ Still Alive in Corporate America

Company-owned insurance on employees' lives: Is it a ghoulish practice or a legitimate method of funding retirement plans?
By David McCann | January 31, 2014
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