(Source: S&P Global Market Intelligence) The effective corporate tax rate for select U.S. insurance underwriters. (Source: S&P Global Market Intelligence)

Insurance companies may face higher tax liabilities in the future should former Vice President Joe Biden win the upcoming presidential election and get his proposed changes to the corporate tax structure passed through Congress, according to an S&P Global Market Intelligence analysis.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.