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October 22, 2003

Insurance Industry Regulation

Witnesses testified regarding the regulations governing the insurance industry. The committee analyzed the current system, which relied on s… read more

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. close

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Thomas B. Ahart President (Former) Independent Insurance Agents and Brokers of America
Craig Berrington Senior V.P. & General Counsel American Insurance Association

Ernst Csiszar Director South Carolina->Department of Insurance
Douglas Heller Consumer Advocate Foundation for Taxpayer and Consumer Rights
Fritz Hollings U.S. Senator [D] South Carolina
J. Robert Hunter Director Consumer Federation of America->Insurance
Frank R. Lautenberg U.S. Senator [D] New Jersey
John S. McCain III U.S. Senator (Class 3) [R] Arizona
Bill Nelson U.S. Senator (Class 1) [D] Florida
Stephen Rahn Vice President Lincoln National Life Insurance Company
John E. Sununu U.S. Senator [R] New Hampshire

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Senate Commerce, Science,and Transportation Committee

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Program ID:: 178769-1
Category:: Senate Committee
Format:: Senate Committee
Location:: Washington, District of Columbia, United States
First Aired:: Oct 24, 2003 | 3:28pm EDT | C-SPAN 2
Last Aired:: Oct 28, 2003 | 5:55pm EST | C-SPAN 3

Airing Details

Oct 24, 2003 | 3:28pm EDT | C-SPAN 2
Oct 25, 2003 | 2:50am EDT | C-SPAN 2
Oct 28, 2003 | 5:55pm EST | C-SPAN 3

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