Insurance Insights

 INSIGHTS FOR INSURANCE COMPANIES

SEPTEMBER 10, 2015 

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Director of Insurance
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Eide Bailly is a Top 25 CPA firm in the nation, serving 360 insurance companies. Eide Bailly is consistently ranked among the Top 10 in the United States by A.M. Best for the Amount of Statutory Premiums Audited.

Insurance Insights is published quarterly to keep our clients and business friends informed on current news.      
NAIC Summer 2015 Meeting Recap

By: Kyle Orwick

The summer NAIC meeting took place August 15-18 in Chicago, Illinois, where many important items were discussed. Eide Bailly staff were at the meeting, monitoring key changes and updates affecting the insurance industry. Included in this issue of Insurance Insights are various updates and commentary on key meeting items, such as:

  • Adoption of numerous non-substantive revisions
  • Exposed substantive agenda items related to surplus notes and non-recourse charity loans and notes
  • Discussion on various GAAP updates including ASU 2015-09 regarding disclosures about short-duration contracts and the applicability to Statutory Accounting Principles

Read the full article here.  

 

  

    

          

Kyle Orwick, CPA
Audit Manager - Insurance
612.253.6578 
This publication is produced and published by Eide Bailly and distributed with the understanding that the information contained does not constitute legal, accounting or other professional advice. It is not intended to be responsive to any individual situation or concerns as the contents of the publication are intended for general informational purposes only. Readers are urged not to act upon the information contained in this publication without first consulting competent legal, accounting or other professional advice regarding implications of a particular factual situation. Questions and information for publication can be submitted to your Eide Bailly representative. To request reprints of this publication, send a written request to RequestReprints@eidebailly.com.
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