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GAO Reports by subject "Life insurance"

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Date Report No. Title
Date Nov. 10, 2011 Report No. GAO-12-94 Title

Federal Employees' Group Life Insurance: Retirement Benefit and Retained Asset Account Disclosures Could Be Improved

United States Government Accountability Office GAO November 2011 Report to Congressional Requesters FEDERAL EMPLOYEES’ GROUP LIFE INSURANCE Retirement Benefit and Retained Asset Account Disclosures Could Be Improved GAO-12-94 November 2011 FEDERAL EMPLOYEES’ GROUP LIFE INSURANCE Highlights of GAO-12-94, a report to congressional requesters Retirement Benefit and Retained Asset Account Disclosu...
Date July 21, 2010 Report No. GAO-10-933T Title

Troubled Asset Relief Program: Continued Attention Needed to Ensure the Transparency and Accountability of Ongoing Programs

United States Government Accountability Office GAO For Release on Delivery Expected at 10:00 a.m. EDT Wednesday, July 21, 2010 Testimony Before the Committee on Finance, U.S. Senate TROUBLED ASSET RELIEF PROGRAM Continued Attention Needed to Ensure the Transparency and Accountability of Ongoing Programs Statement of Richard J. Hillman, Managing Director Financial Markets and Community Investment G...
Date July 9, 2010 Report No. GAO-10-775 Title

Life Insurance Settlements: Regulatory Inconsistencies May Pose a Number of Challenges

United States Government Accountability Office GAO July 2010 Report to the Special Committee on Aging, U.S. Senate LIFE INSURANCE SETTLEMENTS Regulatory Inconsistencies May Pose a Number of Challenges GAO-10-775 July 2010 LIFE INSURANCE SETTLEMENTS Highlights Highlights of GAO-10-775, a report to the Special Committee on Aging, U.S. Senate Accountability Integrity Reliability Regulatory Inconsiste...
Date April 27, 2010 Report No. GAO-10-475 Title

Troubled Asset Relief Program: Update of Government Assistance Provided to AIG

United States Government Accountability Office GAO April 2010 Report to Congressional Committees TROUBLED ASSET RELIEF PROGRAM Update of Government Assistance Provided to AIG GAO-10-475 April 2010 TROUBLED ASSET RELIEF PROGRAM Highlights Highlights of GAO-10-475, a report to congressional committees Accountability Integrity Reliability Update of Government Assistance Provided to AIG Why GAO Did Th...
Date May 29, 2009 Report No. GAO-09-452 Title

Insurance Sales to Military Personnnel: Additional Actions Needed to Prevent Improper Life Insurance Sales and Pay Allotment Transactions

United States Government Accountability Office GAO May 2009 Report to Congressional Requesters INSURANCE SALES TO MILITARY PERSONNEL Additional Actions Needed to Prevent Improper Life Insurance Sales and Pay Allotment Transactions GAO-09-452 May 2009 INSURANCE SALES TO MILITARY PERSONNEL Highlights Highlights of GAO-09-452, a report to congressional requesters Accountability Integrity Reliability ...
Date April 6, 2009 Report No. GAO-09-372 Title

Insurance Reciprocity and Uniformity: NAIC and State Regulators Have Made Progress in Producer Licensing, Product Approval, and Market Conduct Regulation, but Challenges Remain

United States Government Accountability Office GAO April 2009 Report to Congressional Requesters INSURANCE RECIPROCITY AND UNIFORMITY NAIC and State Regulators Have Made Progress in Producer Licensing, Product Approval, and Market Conduct Regulation, but Challenges Remain GAO-09-372 April 2009 INSURANCE RECIPROCITY AND UNIFORMITY Highlights Highlights of GAO-09-372, a report to congressional reque...
Date June 29, 2005 Report No. GAO-05-696 Title

Military Personnel: DOD Needs Better Controls over Supplemental Life Insurance Solicitation Policies Involving Servicemembers

United States Government Accountability Office GAO June 2005 Report to Congressional Requesters MILITARY PERSONNEL DOD Needs Better Controls over Supplemental Life Insurance Solicitation Policies Involving Servicemembers GAO-05-696 a June 2005 MILITARY PERSONNEL Highlights Highlights of GAO-05-696, a report to congressional requesters Accountability Integrity Reliability DOD Needs Better Controls ...
Date March 4, 2005 Report No. GAO-05-265R Title

Government Operations: Catalogue of Federal Insurance Activities

United States Government Accountability Office Washington, DC 20548 March 4, 2005 The Honorable Michael G. Oxley Chairman Committee on Financial Services House of Representatives Subject: Catalogue of Federal Insurance Activities Dear Mr. Chairman: The federal government assumes insurance risk for a wide range of activities that are funded through numerous federal budget accounts and administered ...
Date May 13, 2004 Report No. GAO-04-303 Title

Business-Owned Life Insurance: More Data Could Be Useful in Making Tax Policy Decisions

United States General Accounting Office GAO May 2004 Report to Congressional Requesters BUSINESS-OWNED LIFE INSURANCE More Data Could Be Useful in Making Tax Policy Decisions GAO-04-303 a May 2004 BUSINESS-OWNED LIFE INSURANCE More Data Could Be Useful in Making Tax Policy Decisions Highlights of GAO-04-303, a report to congressional requesters Business-owned life insurance is permanent insurance ...
Date Oct. 23, 2003 Report No. GAO-04-191T Title

Business-Owned Life Insurance: Preliminary Observations on Uses, Prevalence, and Regulatory Oversight

United States General Accounting Office GAO For Release on Delivery Expected at 2:00 p.m. EDT Thursday, October 23, 2003 Testimony Before the Committee on Finance, United States Senate BUSINESS-OWNED LIFE INSURANCE Preliminary Observations on Uses, Prevalence, and Regulatory Oversight Statement of Davi M. D'Agostino, Director, Financial Markets and Community Investment GAO-04-191T October 23, 2003...
Date Feb. 1, 1996 Report No. NSIAD-96-91R Title

National Defense: Blackhawk Incident Legal Questions

United States General Accounting OMce Waehhgton, D.C. 20648 National Securitp and Intemationd Afhh Division B261888 February 1, 1996 The Honorable Strom Thurmond Chairman, Committee on Armed Services United States Senate The Honorable Sam Nunn Ranking Minority Member Committee on Armed Services United States Senate This responds to your request for our views on the issues raised in correspondence ...
Date March 22, 1995 Report No. GGD-95-95 Title

Insurance Regulation: Observations on the Receivership of Monarch Life Insurance Company

United States General Accounting Office GAO March 1995 Report to the Ranking Minority Member, Committee on Commerce, House of Representatives INSURANCE REGULATION Observations on the Receivership of Monarch Life Insurance Company GAO/GGD-95-95 GAO United States General Accounting Office Washington, D.C. 20548 General Government Division B-259883 March 22, 1995 The Honorable John D. Dingell Ranking...
Date Sept. 29, 1994 Report No. GGD-94-204BR Title

Insurance Ratings: Comparison of Private Agency Ratings for Life/Health Insurers

United States General Accounting Office GAO September 1994 Briefing Report to the Chairwoman, Subcommittee on Commerce, Cdnsumer Protection, and Competitiveness. Committee on Energy and Commerce House of Representatives INSURANCE RATINGS ‘Comparison of Private Agency Ratings for Life/Health Insurers GAO/GGD-94-2!04BR GAO United States General Accounting Offlee Washington, D.C. 20548 General Gove...
Date June 3, 1994 Report No. GGD-94-124 Title

Insurance Regulation: Shortcomings in Statutory Asset Reserving Methods for Life Insurers

United States General Accounting Office GAO June 1994 Report to the Chairman, Subcommittee on Oversight and Investigations, Committee on Energy and Commerce House of Representatives INSURANCE REGULATION Shortcomings in Statutory Asset Reserving Methods for Life Insurers GAO/GGD-94-124 c . j GAO United States General Accounting Office Washington, D.C. 20548 General Government Division B-255114 June...
Date Aug. 4, 1993 Report No. GGD-93-87 Title

European Community: Regulatory Issues in Creating a Single Insurance Market

IJnitcd States General Accounting Office GAO August 1993 Report to the Chairman, Subcommittee on Oversight and Investigations, Committee on Energy and Commerce, House of Representatives EUROPEAN COMMUNITY Regulatory Issues in Creating a Single Insurance Market -- GAO/GGD-93-87 GAO United States General Accounting Offlce Washington, D.C. 20648 General Government Division B-253003 August 4,1993 The ...
Date July 20, 1992 Report No. HRD-92-71 Title

VA Life Insurance: Premiums and Program Reserves Need More Timely Adjustments

GAO United States General Accounting Office Washington, D.C. 20648 Human Resources Division B-241607 July 20,1992 The Honorable Alan Cranston Chairman, Committee on Veterans’Affairs United States Senate Dear Mr. Chairman: In response to your request, we are reporting on the Servicemen’ Group Life Insurance s Program, which is administered by the:Department of Veterans Affairs. We examined the...
Date April 28, 1992 Report No. T-GGD-92-15 Title

Insurer Failures: Life/Health Insurer Insolvencies and Limitations of State Guaranty Funds

United States General Accounting Office mq3 l p * GAO For Release on Delivery Expcctcd at IO:00a.m. EDT Tuesday April 28, 1992 Testimony Before the Subcommittee Antitrust, Monopoliesand on BusinessRights Committeeon the Judiciary United StatesSenate 146693 INSURER FAILURES Life/Health Insurer Insolvenciesand Limitations of State Guaranty Funds Statement RichardL. Fogel,AssistantComptrollerGeneral,...
Date April 8, 1992 Report No. GGD-92-4R Title

Government Operations: USPS Crisis Management

GAO United States ’ General Accounting OfTIce Waclhington, D.C. 2OEi48 General Government Division 92-0411 April 8, 1992 The Honorable William S. Broomfield House of Representatives Dear Mr. Broomfield: This is to inform you of our final conclusions on Postal Service preparedness for handling tragedies and its performance following the November 14, 1991, tragedy at the post office in Royal Oak, ...
Date April 7, 1992 Report No. GGD-92-43 Title

Tax Policy: Effects of Changing the Tax Treatment of Fringe Benefits

(;c~twral Amounting ..““ll ..l-.ll*.,II.*ni t,t*d Sl,a.t,c~s -.-.-_-----l...._.l.....^ ..- ..I.._.....- l”.l.“l..*. _... ..._. “... I I_. l.*“;-l-“ll.-_.“l”-.--~--l Office -...-.- GAO IkporC to the Joint Comnlittcc on Taxation, U.S. Congress TAX POLICY Effects of Changing the Tax Treatment of Fringe Benefits GAO United States General Accounting Office Wwhington, D.C. 20548 Genera...
Date March 19, 1992 Report No. GGD-92-44 Title

Insurer Failures: Life/Health Insurer Insolvencies and Limitations of State Guaranty Funds

0 ’ v2 -_,_LI”“I,“lll. _. ..l,l” .“,“l,.. 1 _ .-. I ..I.. . . ..-.- “.-l _... - -._. --.-__- .__--. - GAO United States General Accounting Office Washington, D.C. 20548 General Government Division B-246459 March lQ,, 1992 The Honorable Howard M. Metzenbaum Chairman, Subcommittee on Antitrust, Monopolies and Business Rights Committee on the Judiciary United States Senate Dear Mr. Ch...
Date March 10, 1992 Report No. HRD-92-42 Title

VA Life Insurance: Administrative Costs for Three Programs Should Be Paid From Excess Funds

-__---I .._....___-_.__-. - -_. .- _-._ .-_. _-- I_.-__.._- .~.--.-..-- _..__ l^.ll -___.. Maw11 IOO"I ** VA LIFE INSUIXANCE Administrative Costs for Three Programs Should Be Paid From Excess Funds -.._._“-.I ----.---..-__ (hu)/IIHI)-!w4:! .--.-. -_-ll._-.--_.-.l.--_----..- .._ ._. ..- _-...----..--.- _--__--- - GAO United States General Accounting Office Washington, D.C. 20648 Human Resources D...
Date Feb. 18, 1992 Report No. T-GGD-92-13 Title

Insurance Regulation: The Failures of Four Large Life Insurers

United StatesGeneralAccounting Office / fS-74 < Testimony Before the Committee on Banking, Housing, and Urban Affairs United States Senate j For Releaseon Delivery Expectedat 1090 a.m.,EST Tuesday kbruaq 18, 1992 INSURANCE REGULATION 145965 The Failures of Four Large Life Insurers Statement of Richard L. Fogel, Assistant Comptroller General, General Government Programs GAO/T-GGD-9213 GAO Form 160 ...
Date June 27, 1991 Report No. T-HRD-91-41 Title

Income Security: Insurance Company Failures Threaten Retirement Income

tided States General Accounting Of&e / (p GA!!!0 Testimony #I ll IIIlll#Ill 144253 . For Release on Delivery Ehpec-tedat 1O:OO a.m. MT Thursday Insurance Ccmqxny Failures Threaten Retirement Incme June 27, 1991 statmtof Joseph F. Delfico Director, Inca Security Human Resources Division Issues Before the Subcamnittee on Select Revenue axnnittee on Ways and &am House of Representatives Measures . GA...
Date April 25, 1991 Report No. HRD-91-79 Title

Private Pensions: Millions of Workers Lose Federal Benefit Protection at Retirement

--- Ilnitc4 States General Awounting Office GAO April l!l!)l Report to the Chairman, Comm.ittee on 12anking Housing, and Urban Af’ fairs, U.S. Senate PRIVATE PENSIONS Millions of Workers Lose Federal Benefit Protection at Retirement --.- .._._...-. .-..-... ..---... -- . . ..-.......__...._........ . .._________ ~ -. -_.-..-._- _..-___. .- GAO United States General Accounting Office Washington, ...
Date Jan. 29, 1990 Report No. GGD-90-31 Title

Tax Policy: Tax Treatment of Life Insurance and Annuity Accrued Interest

GAO January 1990 Report to t lw Chai man, Comui t t ee OII Finance, U.S. Senate, and the Chairman, Committee on Ways and Means, House of Representatives TAXPOLICY Tax Treatment of Life Insurance and Annuity Accrued Interest GAO/GGD-90-3 1 General Government Division B-237966 January 29,199O The Honorable Lloyd Bentsen Chairman, Committee on Finance United States Senate The Honorable Dan Rostenkows...
Date Oct. 19, 1989 Report No. GGD-90-19 Title

Tax Policy: Allocation of Taxes Within the Life Insurance Industry

United States General Accounting Office ‘GAO ! Report to Congressional Committees ’ - TAX POLICY Allocation of Taxes Within the Life Insurance Industry G-0 $$i&z&iw~ , .. General Government Division B-233706 October 19, 1989 The Honorable Fortney H. (Pete) Stark Chairman, Subcommittee on Health Committee on Ways and Means House of Representatives The Honorable Charles B. Range1 Chairman, Subco...
Date Oct. 19, 1989 Report No. T-GGD-90-3 Title

Tax Policy and Administration: Allocation of Taxes Within the Life Insurance Industry

United States General Accounting Offke Testimony for Release on Delivery Expected at lo:00 a.m. EDT Thursday October 19, 1989 Allocation the Life of Insurance Taxes Within Industry Statement of Jennie S. Stathis, Administration General Government Before the House Committee Subcommittee Director, Issues Division Tax Policy and on on Ways Select and Means Revenue Measures ~-y-&gcf;$: GAO/T--GGD-90-0...
Date Sept. 27, 1988 Report No. T-GGD-88-54 Title

Tax Policy and Administration: Taxes Incurred by, and Business Trends of, the Life Insurance Industry

Unbd States General Accounting OBBce ) SC45 I t?xAO Testimony For Release on Delivery Expected at 10:00 a.m. EDT Tuesday September 27, 1988 Taxes Life Incurred Insurance by, and Business Trerds of, the Industry Statement Jennie General of E. Stathis, Gcvernment Associate Division Director Before the Subcommittee Committee House of on Select Revenue on Ways and Means Representatives Measures 1j 1 ...
Date Sept. 26, 1988 Report No. GGD-88-88FS Title

Tax Policy: Information on the Stock and Mutual Segments of the Life Insurance Industry

United States General Accounting Office z GAO September 1988 Fact Sheet for the Chairman, ’ Subcommittee on Health, and the Chairman, Subcommittq on Select Revenue Measures, Committee on Ways and Means, House of Representatives TAX POLICY Information on the Stock and Mutual Segments of the Life Insurance Industry GAO Lrnited States General Accounting Office Washington, D.C. 20348 General Governm...
Date Aug. 8, 1988 Report No. GGD-88-120FS Title

Tax Policy: Additional Information on Life Insurance Mortality Charges

United States General Accounting Office GAO August 1988 Fact Sheet for the Honorable Fortney H. (Pete) Stark, Houseof Representatives TAX POLICY Additional Information on Life Insurance Mortality Charges 1 GAO/GGlM8-12OF’S ~a901/13G% I 7 . GAO United States General Accounting Offke Washington, D.C. 20548 General Government Division B-229198 August 8, 1988 The Honorable Fortney House of Represent...
Date June 14, 1988 Report No. GGD-88-95 Title

Tax Policy: Mortality Charges on Single Premium Life Insurance Should Be Restricted

United States General Accounting Office GAO June 1988 Report to the Honorable Fortney H. (Pete) Stark, House of Representatives TAX POLICY Mortality Charges on Single Premiti Life Insurance Should Be Restricted GAO/GGDSS-95 I ‘ United States General Accounting Office Washington, D.C. 20548 General Government Division H-229198 June 14, 1988 The Honorable Fortney H. (Pete) Stark House of Represent...
Date April 27, 1988 Report No. T-GGD-88-32 Title

Employment: Federal Employees Group Life Insurance Program

United States General Accounting Office I”:; I &Yg&jL TeStimony 1 I // I Fok Release onj Delivery Ex ected at P 9:,30 a.m. EST Wepnesday ApJri.1 27, 1988 Federal Employees Group Life Insurance Program Statement of Rosslyn S. Kleeman; Senior General Government Division Associate Director Before the Subcommittee on Employment and Housing Committee on Government Operations House of Representatives ...
Date March 15, 1988 Report No. T-GGD-88-20 Title

Tax Policy and Administration: Taxation of Single Premium Life Insurance

Testimony iExpected at :lO:OO a.m. EST :For Release : on Delivery Taxation of Single Premium Life Insurance I Tuesday :March 15, 1988 Sta.tement of Associate Jennie S. Stathks, .General GovernmeAB Division . Director Before the Subcommittee on Select Revenue Measures Committee on Ways and Means House of Representatives illllllll Ill Ill 135291 wt5d9 /1352~ 1 GAO/T-GGD-88-20 , TAXATION OF SINGLE PR...
Date March 1, 1988 Report No. T-GGD-88-12 Title

Employment: Flexible Benefit Plans for Federal Employees

Testimony ForRelease : on Delivery :F&pectedat I 9:30 a.m. EST Tuesday March 1, 1988 Flexible Benefit Plans for Federal Rvployees Statenaent of Bernard L. Ungarr Associate Director General Guvemnt Division Before the Subcomkttee on Ehployrnent 'and Housinti ComnitteeonGovernment'Operations I&use of Representatives . ISSUES RELATED TO FLEXIBLE BENEFIT PLAN FOR FEDERAL EMPLOYEES SUMMARYOF STATEMENT ...
Date Oct. 16, 1987 Report No. GGD-88-9BR Title

Tax Policy: Taxation of Single Premium Life Insurance

United States General Accounting Office GAO October 1987 Briefing Report to the Honorable Fortney H. (Pete) Stark, House of Representatives TAX POLICY Taxation of Single Premium Life Insmce GAO Lnited States General Accounting Offtce Washington. D.C. 20548 General Government Division B-229198 1 October 16, 1987 The Honorable Fortney H. (Pete) House of Representatives Dear Mr. Stark: Stark I that w...
Date Sept. 16, 1987 Report No. HRD-87-106 Title

Veterans Administration: Proposed Consolidation of Philadelphia and St. Paul Insurance Offices

* , Uralted States General Accounting Office GAO September 1987 Rep&t to Congressional Requesters VETERANS ADM INISTRATION Proposed Consolidation of Philadelphia and St. Paul Insurance O ffices !I1 ‘IIII II IIIIII 1, 134095 . United States General Accounting Office Washington, DC 20648 GAO ’ Human Resources Division B-229029 September 16, 1987 The Honorable Rudy Boschwitz The Honorable Dave Du...
Date June 26, 1987 Report No. GGD-87-92 Title

Federal Workforce: Benefits Provided to Employees in Nonpay Status

United States G&era1 Accounting Office GAO June 1987 Report to the Ranking Minority Member, Subcommitteeon Federal Services, Post Office, and Civil Service, Committee on Governmental Affairs, U.S. Senate FEDERAL WORKFORCE Benefits Provided to Employeesin Nonpay Status GAO/GGD-87-92 039 13iY-l unitedstates GAO General Accounting Off’ ice Was-n, D.C.20648 General Government Division B-226924 June ...
Date April 7, 1986 Report No. GGD-86-28 Title

Government Operations: Assessment of Federal Employees' Group Life Insurance Program

Federal Government Services Task Force House of Representatives April 1986 LIFE INSURANCE Assessmentof Federal Employees’ Group Life lnmrmce prOgrqm ,i -I “.;_: : + , .’ ‘,. .I I. GAO/GGlMM-28 03~~d-~//ac?5a~ GAO United States General Accounting Office’ Washington, D.C. 20548 Comptroller General of the United States B-218782 April 7, 1986 !&e Honorable Michael D. Barnes, and The Honorabl...
Date Dec. 12, 1985 Report No. GGD-86-31FS Title

Tax Policy: Information on the Stock and Mutual Segments of the Life Insurance Industry

United GAO December 1985 Cm Fact Sheet to the Chairman Subcommittee on Health House Committee on Ways and Means States General Accounting Office TAX FQ!LICY Information on the Stock and Mutual Segmentsof the Lif!z Insmnce Industry 3 UNITED Sims GENERAL ACCOUNTING Omcr WASHINGTON, D.C. WQU December 12, 1985 B-220675 The Honorable Fortney "Pete" Stark Subcommittee on Health Chairman, Committee on Wa...
Date Sept. 9, 1985 Report No. 127877 Title

Income Security: S. 1527, the Civil Service Pension Reform Act of 1985

UNITED STATES.GENERALACCOUNTI'NG OFFICE WASHINGTON,D.C. 20548 FOR RELEASE ON DELIVERY EXPECTEDAT 10:00 a.m. September 9, 1985 STATEMENT OF CHARLESA. BOWSHER COMPTROLLER GENERALOF THE UNITED STATES BEFORETHE COMMITTEEON GOVERNMENTAL AFFAIRS UNITED STATES SENATE ON S. 1527, THE CIVIL SERVICE PENSION REFORM ACT OF 1985 J llIIIIlllI llllll 127877 t Mr. Chairman and Members of the Committee: I am pleas...
Date May 10, 1983 Report No. 121314 Title

Tax Policy and Administration: Taxation of the U.S. Life Insurance Industry

. 0. S. GENERAL ACCOUNTING OFFICE WASHINGTON, D. C. 20548 FOR RELEASE ON DELIVERY Expected at lo:30 A.M. EDT Tuesday, May 10, 1983 STATEMENT OF ARTHUR J. CORAZZINI DEPUTY DIRECTOR, PROGRAMANALYSIS DIVISION BEFORE THE SUBCOMMITTEE ON SELECT REVENUE MEASURES OF THE HOUSE NAYS AND MEANS COMMITTEE ON TAXATION OF TkE',U. S. LIFE INSURANCE INDUSTRY Mr. Chairman We are some facets report Life be and Memb...
Date April 14, 1982 Report No. PAD-82-33 Title

Government Operations: Modified Coinsurance and Its Use by Some Life Insurance Companies To Reduce Taxes

UNITEDSTATESGENERALACCOUNTM OmcE WASHINGTON, D.C. 20543 PROGRAM DIVISION ANALYSIS B-206899 APRIL 14,1982 The Honorable Dan Rostenkowski Chairman, Joint Committee on Taxation Congress of the United States Dear Mr. Chairman: Modified Insurance Coinsurance Companies and Its Use by Some Life to Reduce Taxes (PAD-82-33) Subject: asked us to analyze On December 23, 1981, your committee the characteristi...
Date Oct. 30, 1981 Report No. B-198207(JLM) Title

Government Operations: [Comments on H.R. 1793]

UNITED STATES GENERAL- ACCOUNTING OFFICE WASHINGTON, D.C. 20548 In Reply Refer to: OFFICE OF GENERAL COUNSEL B-198207(JLM) OCT30 1981 The Honorable- Peter W. Rodino, Jr. Chairman-, Committee on the Judiciary United,,.States House of Representatives Dear Mr. Chairman: We refer to your letter of August 12, 1981, in which 1793, 97th Cong. 1st Sess.., a bill for Ite relief of Mr. Bernard J. Killeen, J...
Date Sept. 17, 1981 Report No. PAD-81-1 Title

Tax Policy and Administration: Billions of Dollars Are Involved in Taxation of the Life Insurance Industry--Some Corrections in the Law Are Needed

. * I ’ --116qo2 BY THECOMPTROLLERGENERAL Report To The Congress OF THEUNITEDSTATES Billions Of Dollars Are Involved In Taxation Of The Life Insurance Industry -- Some Corrections In The Law Are Needed The income of U.S. life insurance companies is taxed under a special subchapter of the Internal Revenue Code that was enacted in 1959 and tailored to the life insurance industry as it then existed...
Date Sept. 17, 1981 Report No. PAD-81-1A Title

Government Operations: Billions of Dollars Are Involved in Taxation of the Life Insurance Industry--Some Corrections in the Law Are Needed

Report.ToThe c”x>nsress OF THEUNITEDSTATES Billions Of Dollars Are Invoked In Taxation Of The Life Insurance Industry - Some Corrections In The Law Are Need The income of U.S. life insq~&g!Mm is taxed under a special.,A&mptk ol the I+ ternal Revenue Code that was enact& in I@69 and tailomd to the life insurance inmit then existed: in the last m y@am mechanges occurred in thb in-, rm&oA its struc...
Date Aug. 21, 1981 Report No. FPCD-81-47 Title

Government Operations: Federal Life Insurance Changes Would Improve Benefits and Decrease Costs

, 1 I REPORTBY THE w ,I Comptroller General OF THE UNITEDSTATES Federal Life Insurance Changes Would Improve Benefits And Decrease Costs The Federal Employees’ Group Life Insurance Act of 1980 added two options to improve postretirement insurance coverage. GAO found that (1) the single premium rate established for each of the 1980 options is inequitable; the program requires younger retirees to ...
Date Dec. 29, 1980 Report No. HRD-81-30 Title

Income Security: Veterans Administration Life Insurance Claims Processing

a --* G*AO The Honorable Alan Cranston Chairman, Committee on Veterans' Affairs United States Senate Dear Mr. Chairman: Subject: 11I IllI1I I 1I4139 *&terans Administration Life Insurance Claims Processing (HRD-81-30) You requested that we review life insurance claims processing by the Veterans Administration (VA) t o determine claims processing time frames and to make further inquiries of claims ...
Date Oct. 10, 1980 Report No. FGMSD-80-83 Title

Financial Management: Cash Management Improvements Will Save Federal Insurance and Benefits Programs Millions Annually

.’ .# / BYTH~~~APT~L;R &NERAL i&port To The ,Congress OF THEUNITEDSTATES ’ Cash Management Improvements W ill Save Federal Insurance And Benefits Programs M illions Annually The Office of Personnel Management and the Department of the Treasury administer the Federal employee life insurance and health benefits programs. GAO found serious weaknesses in the cash management procedures the agencies...
Date May 20, 1980 Report No. 112392 Title

Veterans Affairs: Servicemen's Group Life Insurance Program

United States General Accounting Washington, D.C. 20548 Office FOR RELEASE ON DELIVERY Expected at 8:30 a.m. Tuesday, May 20, 1980 Statement Federal of Division H. L. Krieger, Director Personnel and Compensation Before the Subcommittee on Compensation, Pension, Insurance and Memorial Affairs of the Committee on Veterans' Affairs on The ervicemen's Group Life Insurance Program 3 Mr. Chairman and Me...
Date May 1, 1980 Report No. FPCD-80-45 Title

Government Operations: Problems in Administering the Servicemen's Group Life Insurance Program in the Ready Reserve

I RELEASED BY THE COMPTROLLER GENERAL Report ToTheChairman, Committee on Veterans’Affairs, United States House Of Representatives OF THE UNITED STATES Servicemen’s Group Life Insurance Program In TheReady Reserve A large number of reservists in the Servicemen’s Group Life Insurance Program are receiving free insurance coverage at the expense of other members because the law has no provision ...