The most popular programs for the Insurance Tag http://www.c-spanvideo.org/browse?topic=240 en-US Copyright 2013, National Cable Satellite Corporation info@c-spanarchives.org (National Cable Satellite Corporation) info@c-spanarchives.org (National Cable Satellite Corporation) Wed, 24 Feb 2010 00:00:00 GMT Thu, 23 May 2013 13:57:57 GMT The subcommittee heard testimony on reports that Anthem Blue Cross, a subsidiary of WellPoint, Inc., is increasing its premium rates by as much as 39% in the individual health insurance market in California. http://www.c-spanvideo.org/program/292245-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292245-1 Wed, 24 Feb 2010 00:00:00 GMT The Housing and Community Opportunity Subcommittee of the House Financial Services Committee held a hearing on proposals that would revise the national flood insurance program. Witnesses testified about the $19 billion debt due largely to Hurricanes Katrina and Rita, proposed changes to the program, and management of flood insurance policies. http://www.c-spanvideo.org/program/293111-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/293111-1 Wed, 24 Feb 2010 00:00:00 GMT Maurice Greenberg, former CEO of American International Group, Inc. (AIG), talked about his book, [The AIG Story], in which he chronicles the rise and fall of the international insurance and financial products company. During this event, hosted by the Center for the National Interest in Washington, DC, Mr. Greenberg was joined by Paula Dobriansky, former Undersecretary of State for Democracy and Global Affairs. http://www.c-spanvideo.org/program/311099-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/311099-1 Wed, 24 Feb 2010 00:00:00 GMT The subcommittee heard testimony on the failure of the Executive Life Insurance Company, the largest life insurance company to date to suffer financial collapse. Mr. Garamendi documented the growth and collapse of the life insurance company, which relied on investments in high yield junk bonds to finance the high yields on its products. Executive Life had invested $6.4 billion in the junk bond market, 60 percent of its assets. Following the collapse of the junk bond market, and the subsequent collapse of Executive Life Insurance Company, 200,000 policy holders in Executive Life are unsure of their insurance coverage. Mr. Garamendi said some or all Executive Life Insurance policy holders may have to take a loss if the company can be saved. The committee examined the regulatory policies that failed in the collapse of the Executive Life Insurance Company, the methods being used to attempt to restructure the company, and methods that may prevent similar collapses in the future. The last 2 minutes of the program is cut off. http://www.c-spanvideo.org/program/18081-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/18081-1 Wed, 24 Feb 2010 00:00:00 GMT Witnesses testified about alleged financial mismanagement and fraud that led to the financial collapse of the HealthSouth Corporation, as well as their knowledge of the business practices of the company. The hearings came the day after former Chief Executive Officer Richard Scrushy was indicted by federal prosecutors for 85 counts of fraud. http://www.c-spanvideo.org/program/178973-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/178973-1 Wed, 24 Feb 2010 00:00:00 GMT Ben McKay talked about the National Flood Insurance Program. Topics included eligibility for the program and the impact on homeowners in flood-prone regions of uncertainty about Congressional funding for the program. He also responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/298703-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/298703-5 Wed, 24 Feb 2010 00:00:00 GMT Margareta Wahlstrom and Craig Fugate spoke at a conference on the impact and response of natural and man-made disasters, along with environmental challenges, to help develop recommendations and solutions for scientists and policymakers. Mr. Fugate warned that budget constraints would make it difficult to get federal aid after a disaster. He emphasized the need for local communities to have better tools to manage risk. These were the opening keynote addresses of 13th National Conference on Science, Policy and the Environment, titled "Disasters and Environment: Science, Preparedness, and Resilience," held for three days in the Ronald Reagan Building by the National Council for Science and the Environment. http://www.c-spanvideo.org/program/310396-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310396-1 Wed, 24 Feb 2010 00:00:00 GMT The subcommittee heard testimony about the financial collapse of HealthSouth, the largest U.S. provider of outpatient rehabilitation services. Mr. Scrushy refused to testify, citing his Fifth Amendment rights. A video clip was shown of Mike Wallace interviewing Mr. Scrushy on CBS' "60 Minutes". On November 4 Richard Scrushy was charged with 85 federal counts of fraud under the new Sarbanes-Oxley law. http://www.c-spanvideo.org/program/178688-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/178688-1 Wed, 24 Feb 2010 00:00:00 GMT Witnesses testified about efforts to improve the oversight of the insurance industry to prevent insurance companies from pursuing risky strategies that could threaten the financial system. They spoke about the need for a federal systemic risk regulator and the role of the government in financial markets and business decision making. http://www.c-spanvideo.org/program/287047-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/287047-1 Wed, 24 Feb 2010 00:00:00 GMT Robert Hartwig talked about damage costs from and insurance coverage for Hurricane Irene, and he responded to telephone calls and electronic communications. At the time of the program, estimates of the damage totaled around $7 billion. Other topics included changes to insurance deductibles, the need for reform of the federal government's flood insurance program, distinctions between the types of water damage covered by flood insurance, and the percentage of homeowners who have flood insurance. C-SPAN Radio's Nancy Calo read news headlines at the end of the program. Mr. Hartwig participated from New York City. http://www.c-spanvideo.org/program/301285-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301285-5 Wed, 24 Feb 2010 00:00:00 GMT The House Financial Services Subcommittee on Insurance, Housing and Community Opportunity held a hearing on the National Flood Insurance Program. The program insures more than 5.5 million houses in the U.S., but is more than $18 billion in debt and has been unstable since the hurricanes of 2004 and 2005. Federal Emergency Management Agency Administrator Craig Fugate was scheduled to appear at the hearing but could not, due to the 8.9 earthquake and tsunami that struck Japan earlier in the morning and the subsequent tsumani threat to Hawaii and the west U.S. coastline. http://www.c-spanvideo.org/program/298445-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/298445-1 Wed, 24 Feb 2010 00:00:00 GMT A congressional committee convened to hear testimony concerning discrimination by insurance companies. The Senate BankingCommittee met Wednesday to discuss allegations of insurance company discrimination against minority homeowners. Testifying at the hearing are Assistant Housing Secretary Roberta Achtenberg and Assistant Attorney General for Civil Rights, Deval Patrick. The hearing focused on a report released by the National Fair Housing Alliance. The report documented widespread discrimination by insurance companies against minority homeowners. The Alliance examined insurance practices in Chicago, Atlanta, Milwaukee and Louisville, KY. http://www.c-spanvideo.org/program/56712-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/56712-1 Wed, 24 Feb 2010 00:00:00 GMT Kathleen Sebelius addressed the America's Health Insurance Plans conference. In her remarks she urged insurers to consider the long-term impact of opposing health care reform, saying that without reform, premiums will continue to rise and employers will cancel coverage. She recounted several anecdotes of those who had suffered because of high costs and recommended that advertising expenses be diverted to cutting premiums for consumers. http://www.c-spanvideo.org/program/292453-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292453-3 Wed, 24 Feb 2010 00:00:00 GMT Colorado, Rhode Island, and New Mexico officials talked about the process of setting up in their state health insurance exchanges, which were part of the 2010 health care law. "Opportunities & Challenges for State Officials" was a plenary session of the National Health Policy Conference held by AcademyHealth at the Grand Hyatt Washington. In conclusion, the Health Services Research (HSR) Impact Award was presented by Mary Durham to the Oregon Health Insurance Experiment. The award was accepted by Katherine Baicker, the co-principal investigator of the study. http://www.c-spanvideo.org/program/310772-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310772-3 Wed, 24 Feb 2010 00:00:00 GMT Bruce Broussard spoke about health care, insurance, and Medicare. Topics included the Affordable Care Act (the health care law), new approaches to integrating delivery systems, the benefits of healthy lifestyles, and how health care could help reduce national debt . Among his comments he said the $750 billion per year was wasted on health care. After his speech he answered questions from audience members. http://www.c-spanvideo.org/program/309718-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/309718-1 Wed, 24 Feb 2010 00:00:00 GMT Orice Williams Brown talked about the National Flood Insurance Program (NFIP), its history, as well as what victims of the current flooding of the Mississippi River can expect from the program. She responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/299642-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299642-5 Wed, 24 Feb 2010 00:00:00 GMT Professor Michelle Mello talked about the findings of a recent study on the impact of the new health care law on medical malpractice costs, and what the costs mean for patient care. She also responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/295425-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/295425-5 Wed, 24 Feb 2010 00:00:00 GMT Federal Emergency Management Agency Administrator Craig Fugate testified on reauthorizing the National Flood Insurance Program, which allows communities to buy federally-backed flood insurance in exchange for adopting certain restrictions on new construction in a flood plain area. http://www.c-spanvideo.org/program/299955-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299955-1 Wed, 24 Feb 2010 00:00:00 GMT Witnesses testified about long-term re-authorization and reform of the National Flood Insurance Program (NFIP) and issues relating to re-authorization and reform, including levee re-certification. They talked about ways in which the NFIP affected the insurance industry, housing, and environmental concerns. http://www.c-spanvideo.org/program/305915-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/305915-2 Wed, 24 Feb 2010 00:00:00 GMT Telephone lines were open for comments on the latest Medicare trustees report that said funds that will run out in 2024, five years sooner than projected in the previous year's report. http://www.c-spanvideo.org/program/299520-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299520-2 Wed, 24 Feb 2010 00:00:00 GMT Tom Baker talked about his book [The Medical Malpractice Myth], published by University of Chicago Press. In the book he argues that the real problem with America's medical liability system is too much medical malpractice rather than too much litigation and that recent rises in medical malpractice insurance premiums were caused by economic cycles instead of increasing claims. He criticizes proposed and implemented liability reforms and offers an alternative in the form of evidence-based medical liability reform that seeks to decrease the incidence of malpractice and also protect doctors from rising premium costs. Following his remarks, Professor Baker was joined in debate by a panel moderated by Professor Klick. Using charts and graphs, the panelists discussed topics including increased litigation rates, payouts, and jury verdicts in malpractice suits. After their discussion, the panelists responded to questions and comments from members of the audience. http://www.c-spanvideo.org/program/190696-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/190696-1 Wed, 24 Feb 2010 00:00:00 GMT An insurance executive and a pension investment manager spoke about how their industries have changed since the 2008 financial crisis. Among the topics they addressed were business opportunities, innovation, and adapting to changing business climates. They answered questions from the audience. "Post-Great Recession, Opportunity and Risk" was part of the three-day Society of American Business Editors and Writers 50th anniversary spring conference, held at George Washington University's Marvin Center. http://www.c-spanvideo.org/program/311929-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/311929-2 Wed, 24 Feb 2010 00:00:00 GMT Panelists talked about at how the Affordable Care Act (ACA) would impact consumers, employers, and insurers, and some of the actions that could be taken by government and the health care industry to make health care more affordable in the new market. Donna Shalala moderated. "Health Care Policy Following the Elections and its Impact on Health Insurers, Businesses and Individuals" was a panel of the conference, "The Business of Health Care Post-Election," held by the University of Miami School of Business Administration in Coral Gables, Florida. http://www.c-spanvideo.org/program/310760-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310760-2 Wed, 24 Feb 2010 00:00:00 GMT Ray Bourhis talked about his book [Insult to Injury: Insurance Fraud, and the Big Business of Bad Faith], published by Berrett-Koehler Publishers. In the book, he argued that insurance providers are manipulating clients. The author explained that low-level employees, citizens with disabilities and victims of natural disasters are at high risk for becoming insurance fraud victims. Mr. Bourhis also offered ideas on how to reform current insurance policies. Following his presentation, the author responded to questions and comments from members of the audience. http://www.c-spanvideo.org/program/186195-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/186195-1 Wed, 24 Feb 2010 00:00:00 GMT Charles Watson was interviewed by phone about the costs of damage from Hurricane Irene, including insurance coverage and deductibles, and methods used for calculating the damage. http://www.c-spanvideo.org/program/301285-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301285-4 Wed, 24 Feb 2010 00:00:00 GMT As a follow-up to its recent report, [Living Beyond Cancer: Finding a New Balance], the President's Cancer Panel held meetings on August 25 and 26 in the Dupont Ballroom of the Washington (DC) Marriott. These 1-day meetings brought together key stakeholders with the goal of identifying actionable steps that could alleviate the burdens experienced by cancer survivors and their families. On August 26, 2005, the panel held a meeting on "Assessing Progress, Advancing Change: Challenges in Cancer Survivorship." During the morning session, Mr. Leslie moderated a roundtable titled "Research Issues in Adolescents and Young Adults (AYA)." Participants, including 7-time Tour de France winner Lance Armstrong, addressed issues and recommendations regarding cancer survivors diagnosed as young adults. They talked about the challenges involved in surviving cancer, access to health insurance for cancer survivors, treatment costs, and proposals to improve services. After their discussion, they responded to questions and comments from members of the audience. http://www.c-spanvideo.org/program/188575-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/188575-1 Wed, 24 Feb 2010 00:00:00 GMT The House Financial Services Subcommittees on Capital Markets, Insurance and Government Sponsored Enterprises and Oversight and Investigations hold a joint hearing titled "Protecting Americans from Catastrophic Terrorism Risk." http://www.c-spanvideo.org/program/194510-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/194510-1 Wed, 24 Feb 2010 00:00:00 GMT Craig Fugate testified before the House Financial Services Committee about proposals to reform the National Flood Insurance Program. http://www.c-spanvideo.org/program/298795-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/298795-1 Wed, 24 Feb 2010 00:00:00 GMT The American Enterprise Institute for Public Policy Research held a panel discussion to address whether insurance companies' flood exclusion clauses are unenforceable under interpretations of the "valued policy law." They also discussed other Hurricane Katrina related issues that the Gulf States' legal systems would be forced to address in the coming months and years. Mr. Frank moderated the panel. Following the panel, participants responded to questions and comments from members of the audience. http://www.c-spanvideo.org/program/189162-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/189162-1 Wed, 24 Feb 2010 00:00:00 GMT Michael Livermore talked about the National Flood Insurance Program, how the program works, and its costs and benefits. He also responded to telephone calls and electronic communications. President Obama signed an extension to the program, allowing people with properties in flood areas to transact sales on those properties. Mr. Livermore participated from New York City. http://www.c-spanvideo.org/program/294556-10 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294556-10 Wed, 24 Feb 2010 00:00:00 GMT Insurance company executives and others testifed about the effects of natural disasters such as Hurricane Katrina on the U.S. insurance markets for homeowners and whether that market is prepared for the next catastrophe. Topics included the reluctance of insurers to cover coastal properties, the cycle of larger hurricanes, the costs of recent natural disasters, increased housing development along coasts, federal reinsurance programs to protect insurance companies. http://www.c-spanvideo.org/program/193202-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/193202-1 Wed, 24 Feb 2010 00:00:00 GMT Witnesses testified about health care insurance fraud. In these scams, unauthorized companies sell low-cost health insurance with the intention of paying few if any benefits. The first panel consisted of victims of health insurance fraud. The second panel was composed of federal government officials. The third panel consisted of other interested parties. http://www.c-spanvideo.org/program/180818-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/180818-1 Wed, 24 Feb 2010 00:00:00 GMT The committee heard testimony on the financial failure of the Executive Life Insurance Company and the financial stability of the insurance industry in the U.S. Insurance executives discussed the failure of the Executive Life Insurance Company and its effect on holders of policies which currently may or may not be financially secure. They also proposed methods of detecting and preventing imminent financial failures of insurance companies. This hearing followed a previous hearing on May 7 which also examined the failure of the life insurance company. In April 1990, Executive Life Insurance Company of California and Executive Life Insurance Company of New York were put into conservatorships by their respective states, making them the largest government seizures in the history of the life insurance industry. The financial collapse occurred despite approval from insurance rating firms and an independent accounting firm. http://www.c-spanvideo.org/program/17925-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/17925-1 Wed, 24 Feb 2010 00:00:00 GMT The House Democratic Caucus Katrina Task Force held a Town Hall Meeting in Bay St. Louis, Mississippi, to discuss the complications resulting from unpaid insurance claims and frustrations surrounding coverage following the disaster. A federal judge had ruled that damage from wind-driven water was not covered by standard homeowner's policies. Participants talked about their experience during the storm, the chain of events leading to property damages in the region, and the responses from insurance agencies. They also talked about potential remedies and legislative action in response to the hurricane damage and reluctance by insurance companies to settle claims in favor of policy holders. http://www.c-spanvideo.org/program/194063-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/194063-1 Wed, 24 Feb 2010 00:00:00 GMT Witnesses testified before the committee about regulation of the insurance industry and potential conflicts of interest for insurance brokers. They spoke about insurance brokerage practices and their impact on consumers. These practices have drawn attention recently in light of charges against insurance brokers for selling insurance plans on "contingent commission." The witnesses spoke about industry, state, and federal regulations. The witnesses responded to questions from members of the committee. http://www.c-spanvideo.org/program/184464-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/184464-1 Wed, 24 Feb 2010 00:00:00 GMT A hearing was held on the impact that natural disasters such as Hurricane Katrina have had on the availability and affordability of insurance for families and businesses in the Gulf Coast and other coastal regions. Senators Nelson and Martinez and other government officials as well as consumers and representatives from the insurance industry testified. http://www.c-spanvideo.org/program/197556-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/197556-1 Wed, 24 Feb 2010 00:00:00 GMT http://www.c-spanvideo.org/program/4644-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/4644-1 Wed, 24 Feb 2010 00:00:00 GMT The committee held a hearing on a report prepared by the Treasury Department titled, gAssessment of the Terrorism Risk Insurance Act of 2002. h Secretary Snow testified about the report, the impact of federal legislation requiring terrorism insurance on the insurance industry and the U.S. economy, and the financial threats and risks posed by terrorism. http://www.c-spanvideo.org/program/187608-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/187608-1 Wed, 24 Feb 2010 00:00:00 GMT A joint hearing was held on public and private insurance practices in the wake of the 2005 hurricanes. The National Flood Insurance Program (NFIP) was examined as were the interactions between the NFIP and private insurers in the allocation of wind vs. water damage insurance claims. http://www.c-spanvideo.org/program/198595-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/198595-1 Wed, 24 Feb 2010 00:00:00 GMT Telephone lines were open to comment on the question, "Do you support or oppose the concept of taxing high end insurance plans?" http://www.c-spanvideo.org/program/290974-7 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/290974-7 Wed, 24 Feb 2010 00:00:00 GMT Leslie Norwalk testified on the fiscal year 2008 budget proposal for the Centers for Medicare and Medicaid Services. http://www.c-spanvideo.org/program/196649-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/196649-1 Wed, 24 Feb 2010 00:00:00 GMT Witnesses testified about the impact of September 11 terrorist attacks on the U.S. insurance industry, warning of dire economic consequences if the government did not intervene to restrict rate increases. They said that industries such as construction, manufacturing, energy and transportation would be severely hurt as they were denied loans because insurers were unwilling to provide coverage for terrorist attacks. http://www.c-spanvideo.org/program/166884-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/166884-1 Wed, 24 Feb 2010 00:00:00 GMT The House Financial Services Subcommittee on Housing and Community Opportunity conducted an oversight hearing of the National Flood Insurance Program (NFIP). Witnesses testified about issues related to the management of the NFIP by the Federal Emergency Management Agency that were detailed in the upcoming Government Accountability Office (GAO) report titled "Improvements Needed to Enhance the Oversight and Management of the National Flood Insurance Program." They also discussed the impact of the hurricanes and funding difficulties that confronted the NFIP in the aftermath of Hurricanes Katrina and Rita. Representative Taylor used charts, graphs, and aerial photographs during his testimony. http://www.c-spanvideo.org/program/189449-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/189449-1 Wed, 24 Feb 2010 00:00:00 GMT Officials spoke about a National Association of Community Health Centers report on health care centers and uninsured Americans. The panelists discussed health center financial stability, the impact of Medicaid programs on community health care, and levels of uninsured Americans seeking treatment. Following their discussion, they responded to questions and comments from members of the audience. The press conference coincided with the start of National Health Center Week and the 40th anniversary of the federal health centers program. http://www.c-spanvideo.org/program/188358-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/188358-1 Wed, 24 Feb 2010 00:00:00 GMT Panelists discussed the reform of catastrophic insurance which covers for natural disasters. They examined the problems with and alternatives to government subsidies to insure against the risks of natural disasters. They also examined the particular challenges posed by such disasters and how private insurance can be strengthened to be able to accept more of this risk from the government. They also took questions from the audience. This was part of a conference on insurance regulation reform. http://www.c-spanvideo.org/program/103674-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/103674-1 Wed, 24 Feb 2010 00:00:00 GMT Top leaders in the insurance field testified about stabilizing insurance markets for coastal consumers. Topics included assessing the natural catastrophe insurance marketplace, working towards common solutions, maximizing private sector capacity, and assuring affordable coverage for homeowners and businesses. http://www.c-spanvideo.org/program/194275-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/194275-1 Wed, 24 Feb 2010 00:00:00 GMT The committee considered the Auto Choice Reform Act which would allow individuals to purchase either no fault coverage or a traditional liability policy. It was stated that the current system does not make fair compensation to accident victims. The choice system would make up for the limitations of the present system. http://www.c-spanvideo.org/program/111275-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/111275-1 Wed, 24 Feb 2010 00:00:00 GMT Witnesses testified regarding the regulations governing the insurance industry. The committee analyzed the current system, which relied on state law, and examined proposals for improving regulation of the industry. One of the central issues was whether or not the federal government should play a larger role in insurance industry regulation. Also discussed was the need to provide protection for consumers without forcing unnecessary regulations on insurance companies. Additionally, some senators expressed concerns about high insurance rates. http://www.c-spanvideo.org/program/178769-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/178769-1 Wed, 24 Feb 2010 00:00:00 GMT Alan Ota talked about the topical events in Congress. He talked about the funding efforts for military action overseas, an omnibus spending bill, the Alternate Minimum Tax, Terrorism Risk Insurance Safety Net, and the State Children's Health Insurance Program (SCHIP). http://www.c-spanvideo.org/program/203134-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/203134-4 Wed, 24 Feb 2010 00:00:00 GMT The committee heard testimony on private mortgage insurance. Members were investigating complaints that this kind of insurance is often sold to homeowners when it is no longer necessary. http://www.c-spanvideo.org/program/79163-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/79163-1 Wed, 24 Feb 2010 00:00:00 GMT