The Supreme Court's decision in Connelly v. United States has significantly reshaped the landscape of estate planning for closely held business owners. The 2024 ruling has introduced a profound shift in how estate tax valuations are conducted, particularly in the context of life insurance-funded
Leadership transitions are creating seismic shifts in the insurance sector, altering the landscape in ways that redefine traditional strategies. What happens when new leaders with fresh perspectives and expansive visions step into roles previously bound by outdated paradigms? At a time when
Florida’s Fourth District Court of Appeal has delivered a ruling that adds clarity to the contentious area of personal injury protection (PIP) reimbursements in auto insurance policies. At the center of this legal examination is the interpretation and application of Medicare rate limits,
The recent ruling by the Massachusetts Supreme Judicial Court marks a watershed moment in the realm of insurance insolvency, particularly concerning the growing complexities of statutory entitlements in workers' compensation. This analysis aims to scrutinize the impact of the court's decision on
Artificial Intelligence is revolutionizing the insurance industry, offering unprecedented opportunities while also presenting unique challenges. As AI technologies become deeply integrated into insurance practices, industry stakeholders face the critical task of ensuring that innovation does not
The rising cost of insurance is a familiar concern for many households and businesses, and significant increases in premiums have been linked to practices within the legal system. Attorney advertising and third-party litigation financing are prevalent practices that contribute to the rising
