Alert Oct 29, 2020 Long-Duration Contracts Targeted Improvements – Updating Cash Flow Assumptions in the Net Premium Ratio Accounting Standards Codification (ASC) Topic 944, Financial Services — Insurance, is the source of authoritative generally accepted… Read More
Article Oct 08, 2020 FASB Votes to Defer Effective Date and Amend Transition Provisions for ASU 2018-12 On Sept. 30, 2020, the Financial Accounting Standards Board (FASB) voted to affirm its exposed deferral of the effective date of the… Read More
Alert Sep 20, 2020 Long-Duration Contracts Targeted Improvements – Deferred Acquisition Costs Amortization Accounting Standards Codification (ASC) Topic 944, Financial Services — Insurance, is the source of authoritative Generally Accepted… Read More
Alert Jul 09, 2020 FASB Votes to Defer Effective Date of Long-Duration Contracts On June 10, 2020, the Financial Accounting Standards Board (FASB) met to discuss a deferral of the effective date of Accounting Standards… Read More
Alert Apr 02, 2020 CARES Act – CECL Implementation not Delayed for Insurers On Wednesday, March 27, 2020, the U.S. Senate voted unanimously to advance "Phase Three" of a congressional response to the COVID-19… Read More
Alert Aug 21, 2019 Corporate Governance and Related Disclosure Requirements for Texas Domiciled Insurers Generally, across all industries - public or private - corporate governance is simply the framework of procedures and structures that… Read More