ADMINISTRATIVE

Rev. Proc. 99–15, page 42. Insurance companies; loss reserves; discounting un- paid losses. The loss payment patterns and discount factors are set forth for the 1998 accident year. These factors will be used for computing discounted unpaid losses under section 846 of the Code.

Rev. Proc. 99–16, page 50. Insurance companies; discounting estimated salvage recoverable. The salvage discount factors are set forth for the 1998 accident year. These factors will be used for computing estimated salvage recoverable under section 832 of the Code.

Rev. Proc. 99–17, page 52. Commodities dealers; securities or commodities traders: procedures for making elections. This procedure prescribes the time and manner for dealers in commodities and traders in securities or commodities to elect to use the mark-to-market method of accounting under section 475 of the Code.

Announcement 99–14, page 60. Final regulation T.D. 8611, 1995–2 C.B. 286, relating to conduit financing arrangements under section 7701 of the Code, is corrected.