Accounting Standard Updates

12 Days of SSAP (INT 17-01 – Extension of 90-day rule)

As the holidays approach, JLK Rosenberger is taking a new perspective on a holiday classic – the Twelve Days of Christmas. Rather than filling your head with turtle doves and gold rings, we are going to instead focus on the latest changes to SSAP and how they will impact your insurance company in 2018 and beyond.

On the 7th day of SSAP JLK Rosenberger told to me Extension of Ninety-Day Rule for the Impact of

Hurricane Harvey, Hurricane Irma and Hurricane Maria.

INT 17-01— Extension of Ninety-Day Rule for the Impact of Hurricane Harvey, Hurricane Irma and Hurricane Maria (INT 17-01):  INT-17-01 grants a 60-day extension to the 90-day rule for those directly impacted by Hurricanes Harvey, Irma and Maria, not to extend beyond February 15, 2018.