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posted on March 28, 2005
Mutual Insurers Resist Sarbanes-Oxley-Like Mandate
By Roger H. Schmelzer
For more than a year, the National Association of Mutual Insurance Companies has contended that efforts by insurance regulators to transfer elements of the federal Sarbanes-Oxley law to insurance solvency regulation are misguided. Working doggedly to fit a square peg into a round hole, solvency regulators have greeted our pleas with a collective shrug of indifference.
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