Quarterly certifications of financi...

Quarterly certifications of financial statements and disclosures. Annual reporting onward the effectiveness of financial reporting regulates Increased financial statement disclosures about fair values and their sensitivity. Audit committee discussion of material accounting policies and significant accounting estimates. These and more fresh requirements under the Sarbanes-Oxley Act of 2002 have radically re-ordered the priorities of insurance company financial management mad the audit committee, resulting in an intense focus forward the "accuracy" of each quarter's historical financial statements.

But will these dear and, by theft nature, backward-looking efforts to obtain the bookkeeping right accomplish what investors and regulators really