Accounting Standard Updates

NAIC SAPWG Accounting Update Matrix, Fall 2023 National Meeting

JLK Rosenberger regularly attends the National Association of Insurance Commissioners (NAIC) meetings and was recently present at the Fall 2023 National SAPWG meeting. To the left, you will find a recap of items brought before the Statutory Accounting Principles Working Group (SAPWG) during the fall 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 next meeting is scheduled for March 15 through 18 in Phoenix. Look for a newly updated matrix shortly after the meeting.

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