IRS Catch that Mole

Article Abstract:

The economic losses engendered by moles have proven a strong point of concern to both the Internal Revenue Service (IRS) and major insurance firms. Section 482 of the Internal Revenue Code is printed and analyzed because of its affect on superintendent ordering especially where wholly owned subsidiaries are involved. Problems can arise after a few years when holding companies are requested to repay certain fees that may have been supported with standard cost-accounting records at the time. Certain parts of the insurance industry, including groups of small stock firms and informal associations of mutuals are contacting Congress with financial data in an effort to clarify what constitutes unreasonable compensation.

Compensation and benefits, Tax evasion, Cost accounting

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1983 Insurance Stock Trends

Article Abstract:

Insurance stocks remain a good investment despite competition and financial pressures. The bond market results in 1983 were not as good as insurance stocks which show healthy gains for the year. Life/health stocks were the strongest gainer. Mild fluctuation characterized property casualty stocks for the year possibly indicating a change in market appeal. A chart is included with statistics illustrating stock trends for 1983.

Stock-exchange, Stock exchanges, Statistics, Trend surface analysis

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1983 Insurance Stock Trends

Article Abstract:

Insurance stocks have remained appealing in the last five years. The life and health insurance industry have been burdened with a poor profitability image. Yet the performances of all lines of insurance have been impressive. Year end prices on various stock indexes are shown. Specific issues are discussed. The performance of life and health stocks, and property and casualty stocks is compared.

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