In case the big story in today’s Wall Street Journal interests you, I’ve dug up background information on so-called Janitor’s Insurance. The practice is not new, as half of you (at large companies) may know.

Widespread controversy surrounding corporate-owned life insurance (COLI) last flared up about six years ago. Here are several links:

• The CliffsNotes

• Perspective from a law firm that helps families recover corporate-owned life insurance claims

• 2003 GAO report on business-owned life insurance

• A syndicated tax columnist weighs in, with a moral

• “Does Your Boss Want You Dead?” ###