Because property-casualty insurance companies are taxed virtually the same as other corporations, tax-exempt bonds are very attractive to them.

Name: Because property-casualty insurance companies are taxed virtually the same as other corporations, tax-exempt bonds are very attractive to them.
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Tax-exempt bonds provide a way for property-casualty insurance companies to earn interest income without incurring additional tax liabilities, making them an attractive investment option.

Because Property-Casualty Insurance Companies Are Taxed Virtually the Same as Other