Obama Budget Proposes Big Change For Foreign Reinsurance

By Bibeka Shrestha (April 10, 2013, 7:23 PM EDT) -- Buried deep in the 2014 budget President Barack Obama proposed Wednesday is a provision that would block insurers from taking deductions for untaxed reinsurance premiums paid to foreign affiliates — a policy that a top insurance executive told Law360 would nix a long-standing and unfair advantage for foreign-owned insurers....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!