Ronald A. Oleynik is a Partner in Holland &
Knight's
Washington, D.C. office.
Farid Hekmat is a Associate in Holland &
Knight's
Washington, D.C. office.
The U.S. Department of Commerce's Bureau of Economic
Analysis (BEA) recently made several changes to the survey form for
the mandatory BE-140 Benchmark Survey of Insurance Transactions by
U.S. Insurance Companies with Foreign Persons-2018.1 U.S.
insurance companies that have engaged in insurance transactions
with foreign persons during the 2018 reporting year need to
complete and file the BE-140 survey no later than Sept. 30, 2019.
This reporting requirement is mandatory, whether or
not the company is contacted by BEA about the survey.