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In-House Counsel

: Law Department Management

Benchmark data from insurance companies and the effects of two accounting systems

By Rees Morrison

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As part of my global benchmarking initiative, I learned from a participant that the National Association of Insurance Commissioners (NAIC) requires insurance companies to use something called ?statutory accounting,? while GAAP accounting is the most common among non-insurance companies. One...

Full post as published by Law Department Management on March 01, 2010 (boomark / email).

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