RP-2015-24: corrections to Rev. Proc. 2014-59

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March 12, 2015

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Issue Number: RP-2015-24

Inside This Issue

Revenue Procedure 2015-24 corrects Rev. Proc. 2014-59, which sets forth the loss payment patterns and discount factors for accident year 2014 for purposes of § 846 of the Internal Revenue Code. These factors are used by property and casualty insurance companies in discounting unpaid losses.

Revenue Procedure 2015-24 will be in IRB IRB 2015-13, dated March 30, 2015.

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