Public Policy Tipoffs Involving Connecticut Newsletter for Sunday March 19, 2023 ( 5 items ) |
FASB SEEKS PUBLIC COMMENT ON PROPOSED ENHANCEMENTS TO INCOME TAX DISCLOSURES
NORWALK, Connecticut, March 16 (TNSpp) -- The Financial Accounting Standards Board issued the following news on March 15, 2023:
The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) that addresses requests for improved income tax disclosures from investors, lenders, creditors, and other allocators of capital (collectively, "investors") that use the financial statements to make capital allocation decisions. Stakeholders are encouraged to rev
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LIMRA: 2022 Life Insurance Sales Match Record Set in 2021
WINDSOR, Connecticut, March 15 (TNSres) -- LIMRA issued the following news release on March 14, 2023:
Propelled by the strong growth in the first half of 2022, U.S. life insurance premium totaled $15.3 billion, roughly level with the record-high premium sold in 2021, according to LIMRA's U.S. Retail Individual Life Insurance Sales Summary for Fourth Quarter 2022.
"Life insurance sales slowed in the second half of the year as consumers' worries about inflation and the economy increased and conc
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LIMRA: Canadian Life Insurance Sales Improve Slightly in 2022
WINDSOR, Connecticut, March 17 (TNSres) -- LIMRA issued the following news release on March 16, 2023:
Following the remarkable growth in 2021 (25%), total Canadian life insurance new annualized premium increased 1% in 2022, according to LIMRA's Retail Canadian Life Insurance Sales Survey.
"Inflation and challenging economic conditions dampened Canadian life insurance sales growth in 2022," said Matthew Rubino, research analyst, LIMRA Insurance Research. "That said, 2022 sales exceeded pre-pand
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Save the Sound: Living Shoreline Project in Queens, N.Y. Receives $749,976 to Restore Coastal Habitat
NEW HAVEN, Connecticut, March 18 (TNSgov) -- Save the Sound issued the following news release:
Save the Sound will receive nearly $750,000 through New York's Water Quality Improvement Program for the Big Rock Wetland Restoration Project in Queens. It's part of a recent package from the New York State Department of Environmental Conservation (NYS DEC), which has awarded approximately $110 million to 86 projects across the state aiming to protect drinking water, combat harmful algal blooms, updat
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Washington National Cathedral Announces Funding to Renovate Its Aging Pipe Organ
WASHINGTON, March 14 (TNSpp) -- The Washington National Cathedral issued the following news release on March 13, 2023:
Washington National Cathedral announced today that its landmark pipe organ will be renovated after several Cathedral community members gave transformative gifts totaling $12.5 million. Connecticut-based Foley-Baker, which previously restored many of America's greatest organs, including at Duke University Chapel, The First Church of Christ, Scientist in Boston, and Boston Sympho
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