Insurance Regulation Reform Subject of Senate Hearing

July 14, 2006

US Senate Committee on Banking, Housing, and Urban Affairs Conducts a Hearing on Insurance Regulation Reform

Member Statements:

Witness Testimony

Panel 1:

  • Honorable Alessandro Iuppa , Superintendent of Insurance, State of Maine, on behalf of the National Association of Insurance Commissioners
  • Mr. John D. Johns , President and CEO, Protective Life Corporation, on behalf of the American Council of Life Insurers
  • Mr. Thomas Minkler , President, Clark-Mortenson Agency, Inc., on behalf of the Independent Insurance Agents & Brokers of America
  • Mr. Joseph J. Beneducci , President and COO, Fireman's Fund, on behalf of the American Insurance Association
  • Mr. Jaxon A. White , President and CEO, Medmarc Insurance Group, on behalf of the Property Casualty Insurers Association of America

Panel 2

  • Mr. Alan F. Liebowitz , President, Old Mutual (Bermuda) Ltd., on behalf of the American Bankers Insurance Association
  • Mr. Robert A. Wadsworth , President and CEO, Preferred Mutual Insurance Company, on behalf of the National Association of Mutual Insurance Companies
  • Mr. Travis Plunkett , Legislative Director, Consumer Federation of America
  • Mr. Robert M. Hardy, Jr. , Vice President and General Counsel, Investors Heritage Life Insurance Company, on behalf of the National Alliance of Life Companies
  • Mr. Scott Sinder , The Scott Group, on behalf of the Council of Insurance Agents & Broke

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.