AALU Webinar: Premium Financing Designs for Rising Interest Rates and Potential Tax Reform
Vérité’s Michael Seltzer will be joining AALU this month presenting a special webinar alongside Lion Street’s Michael Fontanini on Premium Financing Designs for Rising Interest Rates and Potential Tax Reform. The two presented together at last year’s Annual Meeting in what was voted as one of the top-ranked workshops. This month’s webinar, taking place on January 31, will focus on:
- Methods for stress testing, mitigating risk, and managing client expectations in the premium financing...
A Brief History Lesson
With the historic election of Donald Trump as the 45th President-elect, there are many questions surrounding his plans on tax reform. You may have read or seen in the financial media these plans may include repealing the estate tax. Regardless of whether these predictions come true, the fact remains that we have seem similar reforms in the past only to see the estate tax resurrect again and again.
Exploring the Future of Life Insurance at Google
David O’Malley, President and Chief Operating Officer of the Penn Mutual Life Insurance Company, discusses his recent trip with insurance industry executives to Google’s headquarters and the broad consensus that the peace of change in the world is multiplying rapidly, and the insurance needs to be ready to change with it.
Jim Harbaugh and Michigan Agree to Increased Compensation in Form of Life Insurance Loan
Recently, the University of Michigan and head football coach Jim Harbaugh agreed to a contract amendment that increase his total compensation from the school in 2016. The additional compensation will come in the form of a life insurance loan, in which the school will loan Harbaugh $4 million in 2016 and an additional $2 million for the following five years to pay the premium on a life insurance policy.