Monday, December 19, 2005

Compromise SOX Proposal Adopted At NAIC Meeting

December 9, 2005
PropertyandCasualty.com

"Chicago - The debate over the application of Sarbanes-Oxley (SOX) provisions to non-public insurers came one step closer to a solution yesterday when the National Association of Insurance Commissioners (NAIC)/ American Institute of Certified Public Accountants (AICPA) Working Group’s Title IV Subgroup adopted a proposed alternative supported by both insurers and regulators at the NAIC Winter Meeting held here this week..."