Role Of Board Directors GrowingAmong Insurers

From once-hailed companies like Enron Corp. and AdelphiaCommunications to, more recently, biotech company ImClone Systems,management shenanigans in Corporate America–along with the passageof the Sarbanes-Oxley Act–have renewed the emphasis on corporateboards as overseers and guardians of corporate ethics.

This trend is also impacting the insurance industry, with someregulators intensifying their efforts to boost their interactionswith insurance companies' board members.

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