Insurers Could See “Windfall Profit” from Tax Cut but Argue against Lower Rates

Insurance companies in the United States are expected to benefit from a reduced corporate tax rate, which fell to 21 percent from 35 percent on January 1, but that doesn’t mean you should expect a break on car-insurance premiums anytime soon. Like other big businesses, insurers applauded when tax-reform legislation was signed into law near the […]