Measure to close LitFin tax ‘loophole’ added to sweeping US budget bill after industry push
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Measure to close LitFin tax ‘loophole’ added to sweeping US budget bill after industry push

Major insurance industry groups and companies have recently pressed lawmakers to include the provision.

By Clark Mindock
June 16, 2025
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A measure that would close what critics have called a litigation tax “loophole” has made it into a sweeping US budget bill after a push by major industry groups.

The

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Topics

News Legal Regulation Casualty/GL North America Insurers Re/insurers Reinsurers Marsh McLennan Chubb Liberty Mutual CNA Allstate Travelers The Hartford Fairfax Financial
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