Discover how net profits interest works, its benefits, and examples in oil and gas. Learn the difference between net profits and royalty interests.

Discover how loss carrybacks allow businesses to apply net operating losses to previous tax years, offering immediate tax refunds and favorable financial outcomes.

North America Commercial P&C Insurance: The combined ratio decreased 3.8 percentage points mainly from lower catastrophe losses (1.8 points), higher favorable prior period development (1.3 points), ...