After being hit in the past not man...

After being hit in the past not many quarters with net losses related to underperforming portfolios and frontage to the alleged accounting fraud of companies as it was as WorldCom Inc., insurers are scrutinizing carefully the backgrounds of the boards and management of companies that are potential investments.

This symbol of intense review had not been as important, since credit losse were previously driven by dint of more fundamental company or industry issues, said Tom Watjen, vice chairman and chief operating officer of UnumProvident Corp. Watjen and other industry quicks recalled similar reactions in the past from the fallout of real-estate investments in the late