HARTFORD INSURANCE GROUP, INC.HIG

HARTFORD INSURANCE GROUP, INC. New Standards Disclosure

10-KFiled Feb 20, 20261 min read
Adoption of New Accounting Standards
Income Tax Disclosures
On December 31, 2025, the Company adopted the Financial Accounting Standards Board's ("FASB") new disclosure requirements for income taxes, which was applied on a retrospective basis for all periods presented. The income tax rate reconciliation is updated to present reconciling items based on specified categories with further disaggregation of items above a prescribed threshold. Disclosure of income taxes paid (net of refunds received) is disaggregated by U.S. federal and foreign taxes with further disaggregation by individual jurisdictions subject to a prescribed threshold. The new disclosures are provided in Note 16 - Income Taxes of the Notes to Consolidated Financial Statements. The adoption did not impact the consolidated financial position, results of operations, or cash flows.

Historical Timeline

Fiscal YearFiled
2025Feb 20, 2026Showing above
2024Feb 21, 2025
2023Feb 23, 2024
2022Feb 24, 2023
2021Feb 18, 2022
2020Feb 19, 2021
2019Feb 21, 2020
2018Feb 22, 2019
2017Feb 23, 2018
2016Feb 24, 2017
2015Feb 26, 2016

About New Standards Disclosures

New accounting standards disclosures describe recently adopted pronouncements and those not yet effective, along with management's assessment of their expected impact. This section provides an early warning system for upcoming changes to how a company reports its financial results, often years before the new rules take effect.

Key signals: when management describes a not-yet-adopted standard's impact as "material" or "still being evaluated," it signals potential significant changes to reported metrics upon adoption. Watch for standards that affect a company's core operations — for example, revenue recognition changes for software companies or lease accounting changes for retailers with large store footprints. The transition method chosen (full retrospective versus modified retrospective) affects comparability with prior periods. Companies that delay adoption to the latest permitted date may be struggling with implementation complexity. Compare the disclosed impact assessments against peers in the same industry to gauge whether management's expectations are reasonable.

Other Available Disclosures

Income TaxesRevenueEarnings Per ShareFair ValueGoodwill & IntangiblesLeasesSegmentsDebtCommitmentsStock CompensationPay vs PerformanceNEO Compensation Adjustments