Bear Stearns analyst David Small said if 2006 shows continued high frequency but lower severity, reinsurers should perform better than insurers, due to generally higher property-catastrophe attachment

The planned amendments to the Model Audit Rule would set new reporting requirements on internal controls, as well as new rules on the number of independent directors a mutual company must have on its

Mr. Erburu, who joined the MMC Board in 1996, served as non-executive chairman of MMC since March 2005 and as lead director since October 2004. He previously served as chairman of the Times-Mirror Co.

Introduced by Rep. Tom Feeney, R-Fla., the Competitive and Open Markets that Protect and Enhance the Treatment of Entrepreneurs, or COMPETE Act, would establish alternative SOX requirements that small