Sarbanes-Oxley Rules Helping Restore Confidence
This article, written by Saul Ewing Partner Constance B. Foster, covers the impact the Sarbanes-Oxley Act of 2002 has had on restoring the public's confidence in corporate America. Ms. Foster, Chair of the Firm's Insurance Practice Group and Office Managing Partner in the Harrisburg office, recommends incorporating the SOX rules into the insurance industry to provide better accounting controls.
"The faster that key SOX provisions are incorporated into insurers' regulatory schemes, the quicker the overall pace of reform will be," she writes. Prior to joining Saul Ewing, Ms. Foster served as the state Insurance Commissioner for the Commonwealth of Pennsylvania.
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