D.C. Code § 31-405
Current through codified legislation effective April 20, 2024
Every controlled insurer shall have an audit committee of the board of directors composed of independent directors. The audit committee shall annually meet with management, the insurer's independent certified public accountants, and an independent casualty actuary, or other independent loss reserve specialist acceptable to the Mayor, to review the adequacy of the insurer's loss reserves.
D.C. Code § 31-405