The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, ...

The joint FASB/IASB project on accounting for insurance contracts could impact reporting entities of all kinds. For the past three years, the Financial Accounting Standards Board and the International ...

The Financial Accounting Standards Board is asking stakeholders for input on how to improve the accounting for insurance contracts in financial reports. The discussion paper it has released is part of ...

Insurance companies must save a certain percentage of the premiums they receive to pay for claims. The amount set aside, the reserves, must be enough should a large group of policyholders experience a ...

Insurance Accountants unveiled an AMS360 integration to support payment handling and reconciliation for independent insurance agencies. SCOTTSDALE, AZ, UNITED STATES ...