NAIC SAPWG ACCOUNTING UPDATE MATRIX, SPRING 2024 National Meeting

JLK Rosenberger regularly attends the National Association of Insurance Commissioners (NAIC) meetings and closely followed the 2024 Spring National SAPWG meeting. To the left, you will find a recap of items brought before the Statutory Accounting Principles Working Group (SAPWG) during the meeting.

In addition to the standard update matrix provided by the NAIC, we have included commentary on each item and have organized the various categories by color code into high, moderate, and low priority based on the potential impact on insurers. Highly narrow topic items, as far as impact, are generally categorized as low priority.

The Summer National Meeting is scheduled for August 6 – 9 in Chicago. Look for a newly updated matrix shortly after the meeting.