The vote during this weekend's meeting on the compromise, or 'alternate proposal,' is not necessarily prologue to passage up the NAIC committee hierarchy and certainly not in legislatures. Regulators will have to take into account what legislators think about the internal accounting content in the proposal that is derived from Sarbanes-Oxley.
More Quotes from William Boyd:
But that relaxed version forwarded to the Title IV Subgroup still adds costs to state solvency regulation that aren't needed, based on the insolvency record of mutual insurers.William Boyd
I'm one of five individuals who paid to have a legal analysis of the bill done, and that analysis came back and said it is not constitutional.
William Boyd
We have criticized these, but the real problem, the really irrational part of what is proposed, is the material on internal accounting control.
William Boyd
We all want to be happy, and we're all going to die. You might say those are the only two unchallengeably true facts that apply to every human being on this planet.
William Boyd
you realize that could happen on King's Road in West London, with that courier driving too fast.
William Boyd
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Based on Keywords: naic, prologue, sarbanes-oxleyGive me a woman who loves beer and I will conquer the world.
Kaiser Wilhelm
The display of grief makes more demands than grief itself. How few men are sad in their own company.
Lucius Annaeus Seneca
Quick guys get tired; big guys don't shrink.
Marv Harshman