Proposed regs would reflect TCJA changes to insurance company discounting rules
Preamble to Prop Reg REG-103163-18; Prop Reg §1.846-1 Proposed regs—Modification of Discounting Rules for Insurance Companies IRS has issued proposed regs …
Insurers Want More Time to Comply With Planned Insurance Standard
The FASB plans to publish in August 2018 an update to U.S. GAAP to make accounting for life insurers and …
Insurance Amendments Positioned for Third Quarter Release Despite Industry Complaints
The FASB plans to hold what Chairman Russell Golden believes will be the last public debate on its much-watched insurance …
Banks, Insurers to Get Relief From Accounting Effects of New Tax Law
The FASB agreed to finalize a proposal it released in January that aims to alleviate concerns from banks and insurance …