In February, the U Securities and E...

In February, the U Securities and Exchange Commission finalized more [i]or[/i] less of the rules required by means of the Sarbanes-Oxley Act of 2002 which calls for the in the greatest degree sweeping changes to financial reporting by means of publicly traded companies since the stock market crashed in 1929

Many insurers, along with other publicly traded companies, are adjusting to the recently made known rules, which take effect this spring and will have a major impact forward financial disclosure, the cost of directors and officers insurance and the use of auditing firms.

The SEC made the changes in reaction to highly publicized corporate-governance scandals similar as those associated ...