financial statements News

Oklahoma Requiring Transparency for Interlocal Insurance Pools

Oklahoma Insurance Commissioner John D. Doak is urging school districts considering interlocal insurance agreements to be diligent about analyzing financial statements before joining an insurance pool. To that end, the Oklahoma Insurance Department (OID) has launched a new webpage to …

Swiss Re Sigma Study Analyzes Changes to Insurance Accounting Practices

Swiss Re announced that its latest sigma study “takes a fresh look at the progress in the long-running debate to make insurance accounting practices more economically relevant and internationally comparable.” The study – “Insurance accounting reform: a glass half empty …