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- Beating the "wrap": the agency effort to control wraparound insurance tax shelters
- I. INTRODUCTION The owners of cash value life insurance and annuity contracts have long been able to defer paying tax on the income accruing inside these products--that is, on the "inside buildup." (1) Early insurance products provided their contract owners with only a low, guaranteed return close to the...
- Research articles 2005-06-22
- Hurricane Charley not expected to boost insurance rates for Florida homeowners.
- By Morris Fraser, Northwest Florida Daily News, Fort Walton Beach Knight Ridder/Tribune Business News Aug. 23--Homeowner insurance rates are not expected to change because of Hurricane Charley's estimated $7.4 billion loss, in contrast to the steep increase following Hurricane Andrew, which hit...
- Research articles 2004-08-23
- Hurricane claims mount
- CHICAGO -- Insured losses from Hurricane Charley could total as much as $10 billion to $14 billion, according to industry estimates released Monday as insurers fielded thousands of claims from hard- hit Florida residents. Home, auto and commercial insurers sent teams to assess the damage and were...
- Research articles 2004-08-17
- Insurers' hurricane preparedness takes wind out of Charley's sails.
- The Baltimore Sun Knight Ridder/Tribune Business News Aug. 17--Hurricane Charley will go down in history as one of the nation's most damaging storms, costing an estimated $5 billion to $10 billion, but it won't have the wide-reaching impact on insurance providers and...
- Research articles 2004-08-17
- Hurricane claims may be $14 billion
- CHICAGO -- Insured losses from Hurricane Charley could total as much as $10 billion to $14 billion, according to industry estimates released Monday as insurers fielded thousands of claims from hard- hit Florida residents. Home, auto and commercial insurers sent teams to assess the damage and were taking...
- Research articles 2004-08-17
- Storm insurance issues may be less chaotic
- PUNTA GORDA, Fla. -- Florida policyholders probably won't see the chaos, cancellations and shocking rate increases that followed Hurricane Andrew, because insurers were better prepared for Charley. The Saturday storm, which killed at least 16, left damage in the billions of dollars. It is expected to be the state's...
- Research articles 2004-08-16
- Polk County, Fla., Home Insurance Premiums Nearly Triple in Last Decade.
- By George Graham, The Ledger, Lakeland, Fla. Knight Ridder/Tribune Business News Jun. 8--LAKELAND, Fla.-- Polk County home insurance customers are paying nearly three times as much, on average, as they paid 10 years ago. And industry experts predict rates will continue to rise. ...
- Research articles 2002-06-08
- 50 years of progress: blacks in politics 1951-2001
- Awesome changes have taken place in American politics in the 50 years since our first JET issue rolled off the presses. Colossal changes, in fact, have catapulted Blacks from the "back of the bus" into the driver's seat at every level of government. We've gone from zero Black governors or...
- Research articles 2001-11-12
- Evans & Novak
- Florida Recount: Vice President Al Gore's decision to make a concession speech last Wednesday took some 12 hours after the U.S. Supreme Court ruled. 1) The High Court's 5-to-4 decision actually left little wiggling room for Gore to keep the presidency out of the hands of Texas Gov. George W....
- Research articles 2000-12-22
- Insurers Send Teams South to Prepare for Hurricane Floyd Cleanup.
- Knight Ridder/Tribune Business News Sep. 15 -- The Winnebagos are being refueled and the laptops charged as big insurers mobilize elite teams that are invading the Southeast to prepare for cleanup after Hurricane Floyd strikes land. Neville Tai of Brooklyn, N.Y., plans...
- Research articles 1999-09-14
- Florida Insurance Commissioner's Record Swings on Homeowners Insurance.
- Knight Ridder/Tribune Business News Oct. 25--Hurricane Andrew struck Florida in 1992 but Bill Nelson didn't feel its full impact until two years later. As the newly elected Florida insurance commissioner, Nelson inherited a statewide insurance crisis born from Andrew's wreckage. Insurers...
- Research articles 1998-10-27
- Florida Insurance Providers Ask to Increase Homeowners Rates.
- Knight Ridder/Tribune Business News Jun. 16--For the first time in six years, Florida's insurance industry isn't blown away with fear at the very mention of the name "Andrew." The state's homeowners and their insurers are ushering in the new hurricane season in the best shape...
- Research articles 1998-06-16
- The aftershocks of Hurricane Andrew - troubles and hope in Dade County, FL - Cover Story
- Four days after Hurricane Andrew swept through the southern tip of Florida on Aug. 24, Tad DeMilly got his first warning about the bureaucratic nightmare that is the hurricane recovery process. DeMilly, the mayor of Homestead, a small farming community 30 miles south of downtown Miami, was soliciting advice from...
- Research articles 1993-08-02
Additional Resources
- St Andrew's Insurance seeks licence.
- Jul 30, 2003 (The Sydney Morning Herald - ABIX via COMTEX) St Andrew's Insurance Australia, a subsidiary of the Bank of Scotland, is seeking a life insurance licence. On 30 July 2003, St Andrew's handed in its application for a life insurance licence to ...
- Research articles 2003-07-30
- Hurricanes Andrew and Iniki bloody the P&C industry. (property and casual insurance industry) (Month in Insurance Stocks) (Column)
- Despite the unprecedented losses suffered by the property and casualty (P&C) insurance industry in 1992, primarily due to Hurricanes Andrew and Iniki, many P&C stocks rose in value. AIG, Chubb, General Re, and Travelers were among the firms that recorded double-digit gains in their stock prices. However, Hurricane Andrew forced...
- Research articles 1992-10-19
- Former Baltimore County man guilty of theft and insurance fraud.
- M2 PRESSWIRE-22 May 2000-US ATTORNEY GENERAL MARYLAND: Former Baltimore County man guilty of theft and insurance fraud C1994-2000 M2 COMMUNICATIONS LTD RDATE:19052000 Baltimore -- Attorney General J. Joseph Curran, Jr., announced today that Timothy Andrew Scalla, Sr., formerly of 2116...
- Research articles 2000-05-22
- Pru's '92 results walloped by Andrew. (Prudential Insurance Co., Hurricane Andrew)
- Prudential Insurance Co reported a net loss in excess of $900 million from Hurricane Andrew damage claims, which reduced its 1992 net income to $543 million, a 58% drop from 1991. However, Prudential succeeded in increasing its capital reserves by $79 million and anticipates 1993 dividend payouts comparable to those...
- Research articles 1993-03-08
- Hopeful breathes life into an insurance gap.
- May 16, 2003 (The Australian - ABIX via COMTEX) St Andrew's Insurance is looking to enter the life insurance market in Australia. St Andrew's will offer a consumer debt driven product, mainly to home loan borrowers. St Andrew's is the first company since 1998...
- Research articles 2003-05-17
- Andrew forces marine mkt. changes. (Hurricane Andrew, marine insurance market)
- The U.S. marine insurance industry is being forced to develop better risk data and improve its management of risk exposures as a result of Hurricane Andrew, which has reduced availability and increased the costs of reinsurance for American marine ins The U.S. marine insurance industry is...
- Research articles 1994-01-10
- HBOS wealth division growing strongly: St Andrew's Australia, the wealth and insurance division of HBOS Australia, has posted a pre-tax profit of A$22.6 million, up 109 percent on the 2005 figure
- St Andrew's managing director John Van Der Wielen said the division was significantly increasing its profits each year despite ongoing investment in the business. St Andrew's began operating in Australia in 1998 and two years ago its profit was just A$5.7million. In 2006, sales of insurance products as...
- Research articles 2007-04-30
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