Insurance Audit & Reporting – Illinois

JLK Rosenberger serves clients throughout the state of Illinois assisting with their audit, tax and risk management needs. The reporting and other requirements imposed on companies by the Illinois Department of Insurance and the National Association of Insurance Commissioners (NAIC) are complex and regularly changing. Careful consideration should be exercised when determining how to handle and report various items such as leases, credit losses, and loss reserve discounting.

We have significant experience working with traditional insurers, pure member, captives, micro-captives, public entity risk pools, and title insurance companies. Our focus in this area allows us to not only provide traditional audit services, but provide guidance with underwriting policies and procedures review, claims file and procedures review, and subrogation and salvation.

Illinois Insurance Companies – Facts & Figures

Illinois is home to a diverse number of insurance companies offering a variety of risk management services. 

Source: Illinois Department of Insurance 

Insurance Audit Services – Illinois

We provide a variety of financial reporting, tax and consulting services to Illinois insurance companies, including:

  • Statutory Basis Financial Statements
  • GAAP Basis Financial Statements
  • SEC Registration Statements – S1 and S3, periodic reports on 10K and 10Q for accelerated filers and small reporting companies
  • Compliance and Consulting
  • Statutory Basis Tax Provisions
  • GAAP Basis Tax Provisions
  • NAIC Annual and Quarterly Statement Preparation
  • Regulatory Compliance
  • Underwriting Policies and Procedures Review
  • Claims File and Procedures Review
  • Subrogation and Salvage
  • Market Conduct Examination
  • Special Investigations
  • Mergers and Acquisitions
  • Strategic Business Plans
  • Company Formation and Licensing
Who is JLK Rosenberger?

JLK Rosenberger is a CPA firm that serves insurance companies including property/casualty, life, and annuity insurance companies providing a wide range of accounting, risk management and audit services. Our firm is laser-focused on serving insurance companies, and:

  • Ranks as the 10th largest auditor of insurers in the U.S.
  • Retains an average A.M. best rating of A-
  • Ranks as the largest specialty insurance firm in the West
  • Has offices located in Los Angeles, Orange County and Dallas, TX.
Contact Our Insurance Team

JLK Rosenberger can provide insurance accounting and audit services to companies in Chicago and Springfield, Illinois (IL) across the U.S. Complete the form below and a member of our insurance team will respond promptly to assist.

Texas Association Life Health Insurers
PADIC - Los Angeles CPA
IASA - Insurance Reporting
Insurance Accounting