tax credits News

2 Louisiana Insurance Companies Fail After Hurricane Ida

BATON ROUGE, La. (AP)–Insurance companies operating in Louisiana will be charged at least $100 million to pay the claims of two failed property insurers who went belly up in Hurricane Ida’s aftermath. But the cost of dealing with the insolvent …

3 Mass. Colleges Sue State Over Environmental Cleanup Tax Credits

Three Massachusetts colleges have sued the state Department of Revenue, claiming the agency unfairly denied them millions of dollars in tax credits for environmental cleanup work done on contaminated properties. Northeastern University, Boston University, and Wellesley College said the state …