Best's News


Best’s News & Research Service subscription required - December 10, 2025 03:01 PM (EST)

Penn Mutual Sees ‘Illegal Tax Avoidance’ Scheme Lawsuit Dismissed

A federal court dismissed a lawsuit alleging Penn Mutual Life Insurance Co., a tax consultant and insurance agent and related entities sold or financed high-premium life insurance policies as an . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Life And Annuity Insurance Litigation Life And Annuity Insurers Taxation


Latest News

LOSSES
CatIQ Raises Ontario, Quebec Summer Storm Loss Estimate for Second Time
Oct 06, 2026 04:37 PM (EDT)
CLAIMS
US Senators Question Home, Auto Insurers on ‘Surge’ of Unpaid Claims
Oct 06, 2026 04:24 PM (EDT)
MANAGING GENERAL AGENT
Amwins Launches MGA Specializing in Hard-to-Place Risks
Oct 06, 2026 02:54 PM (EDT)
MERGERS AND ACQUISITIONS
SIAA Acquires MGA Canopy Specialty Insurance
Oct 06, 2026 02:43 PM (EDT)
TAXATION
Insurers File Suit Over California’s New Managed Care Organization Tax Rules
Oct 06, 2026 02:28 PM (EDT)

More from Best’s News


Trending

1
INDIA
Regulator Approves BNP Paribas Cardif Deal for IndiaFirst Life Stake
Oct 01, 2026 12:31 PM (EDT)
2
TERRORISM RISK INSURANCE ACT
US Senate Passes TRIA Extension Bill
Sep 29, 2026 02:18 PM (EDT)
3
MERGERS AND ACQUISITIONS
Zurich CEO: Beazley Deal Creates Specialty Group With $1 Billion in Annual Growth
Oct 02, 2026 02:18 PM (EDT)
4
CALIFORNIA
California Governor Signs P/C Claims Bill, Vetoes Others
Sep 29, 2026 03:06 PM (EDT)
5
BEST'S NEWS
Best's News: AM Best Says Mutual Insurers Resilient Despite Competitive Pressures
Oct 02, 2026 04:21 PM (EDT)