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- Statutory accounting (2)
- Tax Reform Act of 1986 (TRA86) (2)
- Affordable Care Act (ACA) (1)
- Duty of faithful execution (1)
- Employer mandate (1)
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- Health insurance (1)
- Indemnity payments (1)
- Insurance policy (1)
- Insurance prices and quantities (1)
- Loss reserve (1)
- Loss-adjustment expenses (1)
- Medicaid (1)
- Nominal economic income accounting (1)
- Obama (1)
- Property-casualty insurance (1)
- Property-casualty insurance companies (1)
- Trump (1)
- Unpaid-losses account (1)
Articles 1 - 3 of 3
Full-Text Articles in Insurance Law
Executive Power And The Aca, Nicholas Bagley
Executive Power And The Aca, Nicholas Bagley
Book Chapters
As with any law of its complexity and ambition, the Affordable Care Act (ACA) vests in the sitting president broad implementation discretion. The law is not a blank check: in many ways both large and small, the ACA shapes and constrains the exercise of executive power. But Congress has neither the institutional resources nor the attention span to micromanage the rollout of a massive health program. It has no choice but to delegate.
Naturally, both President Obama and President Trump have drawn on their authority to tailor the ACA to their policy preferences. Neither president, however, has been able to …
The Influence Of Income Tax Rules On Insurance Reserves, David F. Bradford, Kyle D. Logue
The Influence Of Income Tax Rules On Insurance Reserves, David F. Bradford, Kyle D. Logue
Book Chapters
An insurance company is a financial intermediary whose main line of business is the sale of a particular type of contingent contract, called an insurance policy. Under this contract, the insurer promises to pay some amount to the policyholder, or to some other beneficiary, following the occurrence of an insured event. In the context of property-casualty insurance, the relevant insured events include, for example, the accidental destruction of the insured's property or the award of a liability judgment against the insured. In return for this promise the insured pays the insurer a premium. The premium and the earnings on the …
The Effects Of Tax Law Changes On Property-Casualty Insurance Prices, David F. Bradford, Kyle D. Logue
The Effects Of Tax Law Changes On Property-Casualty Insurance Prices, David F. Bradford, Kyle D. Logue
Book Chapters
One of the most important components of the balance sheet of a property-casualty insurance company is the loss reserve. In spite of what the term may suggest, a loss reserve is not a pot of funds set aside for the uncertain future. It is an accounting entry, a liability on the balance sheet. More precisely termed the unpaid-losses account, the loss reserve expresses the amount the company expects to pay out in the future to cover indemnity payments that will come due on policies already written for losses that have already been incurred and to cover the costs of dealing …