Wednesday, June 1, 2005
Introduction
The National Association of Insurance Commissioners (NAIC) is moving toward incorporating certain provisions of the federal Sarbanes-Oxley Act of 2002 (SOX) into its Model Regulation Requiring Annual Audited Financial Reports (Model Audit Rule) that is applicable to all insurers, many of which are not currently subject to SOX.
Sarbanes-Oxley...