Most financial departments have yet to begin transmitting their numbers via the eXtensible Business Reporting Language (XBRL), but that is likely to change over the next few years. With adoption of the standard by the NAIC and a push from industry organizations, accounting firms, and service providers, the day may come when insurance carriers find it easier to submit statutory reports to regulators and pull data for their own use from the reports submitted by their peers. Will it prove to be their lucky day?By Robert Regis Hyle