Discover how commutation agreements work, including methods to value claims and discharge reinsurance obligations, ensuring financial stability and risk management.

In the commonwealth, as the saying goes, “life means life.” First and second degree murder charges carry a mandatory life sentence without parole. In 1976, 29-year-old Thurmond Berry faced murder ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...