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"If the court invalidates the mandate and invalidates those two key insurance market reforms, we need to make sure the public does not see that as meaning the law is killed," Mr. Pollack said.
[C2.] Conseco's Prospects Dealt a Blow The key insurance rating of Conseco, the insurance and finance company, was downgraded by A. M. Best, a decision that will make it harder for Conseco to compete and worsens the prospects for a turnaround.
"This transaction, the most significant milestone to date in our ongoing effort to repay taxpayers, also gives us greater flexibility to move forward with A.I.G.'s restructuring and focus on enhancing the value of our key insurance businesses, which will benefit all stakeholders.
On the positive side, on an underlying pretax basis, ING's key insurance business is expected to report a profit for the second quarter after losing nearly a billion euros in the first three months of the year.
Too many small business owners overlook key insurance needs.
The mechanisms by which Trump has shifted opportunity and wealth from one group of Americans to another varies; in some cases it's achieved by tweaking the tax code, in others by defunding key insurance programs for vulnerable populations, or relaxing government rules which required businesses to pay their employees, or not to harm customers, neighbors or the environment.
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Key person insurance is basically term life insurance on a company's founder or founders, with the company as the beneficiary.
Key person insurance falls under the umbrella of life insurance and is taken out by a company to cover someone who is considered to be vital to the business.
The aim of key person insurance is to compensate for any shortfalls arising from the loss, temporary or permanent, of a particular person.
But this is even worse than my worst imagining: a deal to undermine key social insurance programs in return for a promise that Congress will come up with a plan for raising revenue at some future date.
The idea that they're going to cheerfully accept a deal that will take the current deficit off the table as a scare story without doing major damage to the key social insurance programs, and then have a philosophical discussion about how we might change those programs over the longer term, is pure fantasy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com