Mutual Insurance Policyholders Turned Stockholders Could Be In Line for Tax Refunds
By Michael D. Koppel, CPA, MBA, MSA, PFS, CITPGray, Gray & Gray, LLPMay 2013 Many insurance companies were originally formed as mutual insurance companies. Instead of issuing stock the company was, in effect, owned by its policyholders – the people and entities that purchased policies.In the past 15 or so years, approximately 35 insurance companies […]
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