Insurance


The Treasury Department proposed a rule that would defer until December 31, 2005, the expiration of provisions of the Terrorism Risk Assurance Act of 2002 requiring property and casualty insurers to offer coverage for terrorism-related losses described in the act ( www.treas.gov/press/releases/reports/ ). Currently the law mandates that insurers make such policies available through the end of 2004 and that the coverage must not differ materially from the terms, amounts and other insurance limitations applicable to losses stemming from events other than acts of terrorism. Comments are due July 6.

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.