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Non-Tech : London Pacific Group - LPGL doubles...
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To: xcr600 who wrote (544)5/6/1999 12:01:00 AM
From: peter michaelson  Read Replies (2) of 737
 
Guys:

Statutory filings (accounts filed with states by insurance companies) follow quite rigorous, standardized rules. It is not GAAP, but more conservative, in most cases, and certainly more detailed, particularly with regard to reserves for insurance risks.

A dozen years ago I could have recited all the details, but I'm rusty. Must be on the web somewhere. Are the filings themselves on the web in some states, I wonder, as with EDGAR.

Might check AM Best, to start with, or the primary state's insurance division.

Peter
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