Bob's post on stranger life insurance reminded me of a piece (pdf) on so-called janitors insurance that I wrote for The Independent Review a few years ago. Janitors insurance was the practice of companies taking out insurance policies on their employees without benefit to the employees or knowledge of the employees. In the TIR piece I argue that such practices must be driven by tax preferences since the loss of rank and file employees (unlike corporate officers) should not be too disruptive to a large comany and because insurance is actuarily unfair such policies would not seem to be economical.

Sorry this is so brief; I'm spending some family time at Kitty Hawk NC.