Tenn. Comp. R. & Regs. 0780-01-65-.02

Current through December 10, 2024

Section 0780-01-65-.02 - PURPOSE

The purpose of this Chapter is to improve the commissioner's surveillance of the financial condition of insurers by requiring (1) an annual audit of financial statements reporting the financial position and the results of operations of insurers by independent certified public accountants; (2) Communication of Internal Control Related Matters Noted in an Audit, and (3) Management's Report of Internal Control over Financial Reporting.

Tenn. Comp. R. & Regs. 0780-01-65-.02

Original rule filed October 5, 1995; effective December 19, 1995. Amendment filed August 6, 2009; effective November 4, 2009.

Authority: T.C.A. §§ 56-1-501(h) and 56-2-301.