Featured Webinar
April 14, 2022 | 2:00 pm - 3:00 pm ET
Robert Waszak, CPA
Senior Manager, Johnson Lambert
Meet
Scott Hall
Johnson Lambert provides audit, tax, and consulting services to 500+ insurance clients, giving them the information needed to make critical business decisions to better monitor their risk and return.
Our focus on life insurance is unique. We're on the front lines. We're here for you. We go above and beyond. Your success is our success!
Set up a conversation with Scott today to discuss how we can better understand your goals and priorities.
Services for Life Insurance Entitites
Through working with hundreds of insurance entities and our immersion in all aspects of the industry, we add value to our clients in efficient engagements that do not compromise on knowledge sharing, best practice advising, and tailored synergistic and communicative approaches.
Audit and Assurance Services
Our audit and assurance services for insurers include but are not limited to: financial statement audit; reviews; accounting advisory services; SEC compliance and reporting; agreed upon procedures; and SOC 1, 2, 3, +, and Cybersecurity SOC.
Our team understands the complexities and the integration of statutory and insurance GAAP standards that govern your organization. Our audit practice is built on the highest quality standards and open, ongoing dialogue. It is not overcomplicated with unnecessary bureaucracy, while still providing access to a depth and breadth of insurance-focused resources that build trust and add value.
Our Audit ServicesTax Services
Johnson Lambert has a dedicated tax team that works with insurance companies and uses its vast insurance experience and knowledge to aid our tax clients with everything from tax preparation to assistance with statutory and GAAP provisions to planning and executing tax strategies that best position your organization for the future.
Our tax services for insurance entities include federal and state income tax preparation, preparation and review of quarterly and annual provisions and related disclosures, FATCA and foreign bank report filings, foreign tax filings, uncertain tax position documentation, taxing authority examination representation, and more.
Our Tax ServicesAdvisory and Consulting Services
We customize our advisory and consulting services to meet your organization’s unique needs. The Johnson Lambert team offers a wide variety of consulting and advisory services that can support your organization wherever you are today. We strive to build a partnership with our clients that prompts strategizing and optimizing for the future.
Some of our service offerings are internal audit (outsourcing + co-sourcing), Model Audit Rule (MAR) readiness and implementation, System and Organization Control (SOC) reports, ERM services, cybersecurity assessments, system implementation reviews, and more.
Our Advisory Services
Hot Topics
Know What’s Happening
The California Privacy Protection Agency (Agency) Board adopted finalized rules on Cybersecurity Audits, Risk Assessments, and Automated Decision-Making Technology (ADMT). The regulations (1) updated existing CCPA regulations; (2) implemented requirements for certain businesses to conduct risk assessments and complete annual cybersecurity […]
February 2026
The US Postal Service (USPS) recently adopted rules in the Domestic Mail Manual (DMM) to redefine postmarks. Effective December 24, 2025, Rule 608.11 of the DMM states that the postmark stamped on a customer’s mailpiece may be applied when it […]
Mergers and acquisitions in the insurance industry are complex, high-stakes endeavors, especially since carriers must navigate a market defined by growing economic uncertainty, evolving customer expectations, and increasing competition. While a target company’s balance sheet and income statement provide a […]
California’s climate disclosure laws, SB 253 (the Climate Corporate Data Accountability Act) and SB 261 (the Climate-Related Financial Risk Act), mark a meaningful shift in how climate-related information is regulated in the United States. SB 253 introduces formal expectations around […]
February 2026
The Internal Revenue Service (IRS) issued Rev. Proc. 2026-13 on February 9, 2026, which contains the new property and casualty discount factors for the 2025 tax year. These factors were determined using the applicable interest rate of 3.57% for 2025 […]
As insurers are experimenting with and adopting artificial intelligence (AI) supported processes, they need to ensure a robust governance program is in place. The key question is, “How do you build a governance program that supports innovation and adoption, while […]
January 2026
Johnson Lambert LLP is dedicated to keeping you informed of changes adopted by the NAIC within the Statutory Accounting Principles (E) Working Group that will impact your 2025 statutory basis financial statements and other significant NAIC activities. Statutory Accounting Updates […]
January 2026
On November 3, 2025, Bermuda enacted a new beneficial ownership framework, the Beneficial Ownership Act 2025 (the BO Act). This legislation updates Bermuda’s existing beneficial ownership regime, primarily by significantly reducing previous exemptions and moving the central register of beneficial […]
January 2026
Generative Artificial Intelligence (AI) is rapidly shifting from a futuristic concept to a practical tool that can revolutionize efficiency, capacity. and impact of nonprofit organizations. The unique challenges nonprofits face—limited resources, high demand for services, and a constant need for […]
Insurance Industry
Investment and Involvement
AICPA Insurance Expert Panel
Johnson Lambert partners are consistently members of the American Institute of CPAs (AICPA) Insurance Expert Panel which brings together CPA leaders knowledgeable in the insurance industry to come to an agreement on key issues affecting insurance audit and attest matters.
NAIC Involvement
Members of the Johnson Lambert team, including both members of the insurance audit practice and the regulatory team who serve the needs of insurance regulators, attend NAIC meetings. We share what we learn in frequent, detailed reports featured in our Insights section of this website. We also have representation on the NAIC/AICPA Task Force.
Key Industry Group Immersion
Johnson Lambert professionals are board members, volunteers, speakers, and conference attendees for major industry groups, including IASA, AICPA, MPL Association, and more. The firm proudly sponsors these organizations and their events as well.
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