The Blanks Working Group (“BWG”) held a conference call on March 5, 2026 to review fourteen previously exposed positions. Eight of the items were adopted and will be effective with the 2026 Annual Statement. The remaining items were deferred until after the Statutory Accounting Principles Working Group (SAPWG) meeting to be held on March 23, 2026.
Adopted Items
The items below were adopted with minor editorial updates and/or with additional comments (i.e. friendly amendments) from the BWG, regulators, or other interested parties. All adoptions are applicable to either the Life/Fraternal, Property, Health or Title blanks, as specified by “L” for Life/Fraternal, “P” for Property, “H” for Health, and “T” for Title, or some combination thereof.
- 2025-17BWG Modified: This item adds two new General Interrogatory investment questions (40.1 and 40.2), renumbering all subsequent lines. The interrogatories have been added to capture the method used for reporting residuals. The instructions for Note 1.C(6) will be modified to include “non-bond debt securities” and Note 5.D will be significantly modified to include both Debt Securities and Residual Interests that fall in the scope of SSAP No. 43 – Asset-Backed Securities and SSAP No. 21 – Other Admitted Assets. This item is associated with the SAWPG Ref #2025-20. (L/P/H/T)
- 2025-18BWG: This item adds clarifying instructions and an example for Health General Interrogatories 10.21 through 10.24, providing additional detail on what should be included in each line. A cross-check reference has been added between the general interrogatory to Exhibit 7, Part 1. (H)
- 2025-19BWG Modified: This item adds a new code “S” to the Active Status column on the Annual and Quarterly Schedule T to identify if a license has been suspended. (L/P/H/T)
- 2025-20BWG Modified: This item removes the Investment Subsidiary line from both the Preferred and Common Stock sections of Schedule D, Part 6, Section 1. The removal of these lines will cause the remaining lines to be renumbered and the total line of the schedule will change from 1999999 to 1799999. The Asset Valuation Reserve Equity and Other Invested Asset Component will be modified to remove the Affiliated Investment Subsidiary lines (Lines 5 through 14), renumbering all remaining lines within the schedule. (L/P/H/T)
- 2025-21BWG: This item modifies the instructions for the Actuarial Opinion, revising the definition of Accepted Actuarial Designation based on the Actuarial Opinion Working Group’s assessment of the educational materials of the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS), completed in 2025. Additional clarifications to the instructions and requirements were made throughout the document in an effort to promote consistency in amounts disclosed. (P)
- 2025-22BWG Modified: This item adds an electronic-only column for “Private Security Code” to the Annual and Quarterly investment schedules. In addition, a new part will be added to Note 5. Note 5.T – Private Securities will add a data-captured table to report (by investment type) the total book adjusted carrying value, fair value, total amount of aggregate deferred interest and paid-in-kind interest, and the total BACV supported by private letter ratings. This item is associated with the disclosure requirements adopted by SAWPG in Ref #2025-19. (L/P/H/T)
- 2025-28BWG Modified: This item adds two investment characteristics categories to the Annual Schedule A, Part 1 (Column 18) to clarify if an investment is owned by a qualifying statutory trust. The Annual and Quarterly Schedule B instructions will be updated to include reporting guidance for mortgages held in qualifying investments in statutory trusts and to add new loan type codes to identify the mortgage loans. This item coincides with SAPWG Ref #2025-13 which updates the reporting guidance for qualifying trust structures that hold residential mortgage loans in scope of SSAP No. 37 – Mortgage Loans. (L/P/H/T)
- 2025-30BWG Modified: This item modifies the instructions and illustrations for Note 12 – Retirement Plans, Deferred Compensation, Postemployment Benefits and Compensated Absences and Other Postretirement Benefit Plans. The modifications were included to add clarity on the reporting of retirement plan assets measured at net asset value (NAV). For further background see SAPWG Ref #2025-21. (L/P/H/T)
For additional information on the items adopted by the NAIC SAPWG throughout 2025, please click here.
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