Requires insurers to engage independent auditors and establish internal audit functions, including audit committee requirements and management reporting on internal controls. Applies to insurance companies subject to state financial regulation.
12
Rules extracted
87
Obligations decomposed
7.3x
Avg obligations per rule
🇺🇸 United States
Jurisdiction
Model regulation requiring annual audited financial reports from insurers, establishing qualifications for independent CPAs, audit committee requirements, CPA-audit committee communications, workpaper retention, and management reports on internal controls over financial reporting. Adopted by all 50 states and DC.
Source
1
Regulation
Extracted
12
Rules
Decomposed
87
Obligations
Decomposition ratio
Each rule is decomposed into an average of 7.3 atomic obligations — the smallest testable units that can be independently violated.
Fully extracted & scored
All 87 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.
Every obligation in Model Law #205 is scored across independent risk dimensions:
Obligation Weight
How critical within the regulatory framework
Violation Likelihood
How often breached in practice
Enforcement Evidence
Regulator enforcement history and penalties
Cascade Dependency
How many obligations depend on this one
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14 rules, 58 obligations
13 rules, 83 obligations
10 rules, 67 obligations
10 rules, 71 obligations
13 rules, 211 obligations
10 rules, 150 obligations
10 rules, 52 obligations
16 rules, 260 obligations
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