earnings management Archives - Carrier Management

P/C Loss Reserve Cycles Are Real: AM Best Analysis

The idea that carriers release loss reserves when property/casualty insurance markets soften and strengthen them in hard markets is more than a theory, according to a new analysis by rating agency ...

Reserve Patterns Persist Post-SOX

The ability of property/casualty insurers to set loss reserves has not changed as a result of the enactment of The Sarbanes-Oxley Act of 2002, according to researchers from Illinois State University ...

Earnings Management Persists; Sarbox Has No Impact On P/C Reserving

The Sarbanes-Oxley (SOX) Act, implemented in 2002, came in response to a wave of corporate scandals, such as Enron and WorldCom, which raised concerns about the integrity of the accounting ...