WASHINGTON — Mississippi Commissioner of Insurance Mike Chaney and fellow members of the National Association of Insurance Commissioners (NAIC) were in Washington, D.C., last week to confer with members of Congress about ongoing financial and health reform efforts.
More than 35 state insurance regulators gathered for the NAIC Washington Forum where they were briefed by Nancy-Ann DeParle, White House deputy chief of staff, and Steve Larsen, deputy director for oversight, Office of Consumer Information and Insurance Oversight at Health and Human Services. Chair of the House Financial Services Committee Rep. Spencer Bachus (R-Ala.) and Sen. Ben Nelson (D-NE) also addressed the regulators.
Chaney and five other commissioners from Louisiana, South Carolina, North Carolina, Florida and Georgia met with Sen. Roger Wicker ((R-Miss.) on his new legislation addressing wind-verses-water issues, which he introduced in Congress May 26. In addition, regulators urged their congressional delegates to consider long-term reauthorization of the National Flood Insurance Program.
“Meeting members of Congress in Washington, D.C., helps to reinforce the connection between actions at the federal level and the impact it has back home,” Chaney said. “State regulators are the best resource to help Congress understand how we can work together to protect consumers and promote competitive insurance markets in Mississippi.”
Source: Mississippi Department of Insurance
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info