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Plymouth sets up TIF district for Prudential redevelopment

A plan from Roers Companies and Scannell Properties to bring up to $300 million of new development to the former Prudential campus in Plymouth has reached another milestone.

Metallus to Purchase Group Annuity Contract for Pension Benefits

CANTON, Ohio, May 20, 2024 /PRNewswire/ -- Metallus Inc. , a leader in high-quality specialty metals, manufactured components and supply chain solutions, on May 15, 2024, entered into an agreement...

CIM Group Sheds DC Apartment Building With 13% Haircut

Ormat Technologies : Report of Periodic or Interim Report

Prudential Financial Data Breach Impacts 36,000

Prudential Financial finalizes reinsurance transaction with Somerset Re

Deal involves portion of guaranteed universal life block

Senate Committee Vows To Stop Private Placement Life Insurance Industry's '$40 Billion Tax Shelter'

Committee Chairman Ron Wyden (D-Ore.) released the results of the 18-month investigation, which examined how PPLI policies are promoted to ultra-high-net-worth clients.

Senate probes $40B tax shelter in private placement life insurance

Democrats blast life insurance plans as tax breaks for rich

Democrats on the Senate Committee on Finance took aim at “private placement life insurance” (PPLI) in a report released Wednesday, saying the specialized plans amounted to tax breaks for the wealthiest Americans. The report, authored by Chair Ron Wyden (D-Ore.), argued that PPLI policies are promoted to “ultra-high net worth clients” to avoid billions of…

Senate probes $40B tax shelter in private placement life insurance