The fall NAIC meeting took place November 19-22 in Washington, D.C., 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: 

• Adopted additional disclosures for investments in a Subsidiary Controlled or Affiliate's (SCA) recorded on the equity method as described in SAP 97. This guidance recognizes that certain assets that would be traditionally non-admitted if they were carried at the Parent Company level, but they are currently admitted because these assets are held in the SCA and the entire equity is recognized by the investor based on State permitted or prescribed practices. New disclosures require the company to show the effect on risk based capital were those assets non-admitted. Further revisions are exposed for comment until December 8, 2015.

• The Owned Risk Solvency Assessment (ORSA), which applies to insurers with over $500 million in written or assumed premium, became part of the accreditation standards, which will cause the 16 States that have not adopted ORSA to move toward this new risk management framework.
   
• A series of other non-substantive changes were adopted.