NU Online News Service, June 22, 3:54 p.m. EDT

The Group of North American Insurance Enterprises said it has joined a new coalition to work with accounting organizations to reform accounting standards linked to the financial crisis.

GNAIE said the new group involves trade associations, representing all sectors of the economy and areas of the financial services arena, that will engage the Financial Accounting Standards Board and the International Accounting Standards Board on a series of reform projects.

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