Full Committee Hearing

Perspectives on Modernizing Insurance Regulation

Date:   Tuesday, March 17, 2009 Time:   09:30 AM

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Topic

The witnesses will be: Mr. Michael McRaith, Director of Insurance, Illinois Department of Financial and Professional Regulation, on behalf of the National Association of Insurance Commissioners; The Honorable Frank Keating, President and Chief Executive Officer, the American Council of Life Insurers; Mr. William R. Berkley, Chairman and Chief Executive Officer, W. R. Berkley Corporation, on behalf of the American Insurance Association; Mr. Spencer Houldin, President, Ericson Insurance Services, on behalf of the Independent Insurance Agents and Brokers of America; Mr. John Hill, President and Chief Operating Officer, Magna Carta Companies, on behalf of the National Association of Mutual Insurance Companies; Mr. Frank Nutter, President, the Reinsurance Association of America; and Mr. Robert Hunter, Director of Insurance, the Consumer Federation of America.

Witnesses

Witness Panel 1

  1. Mr. Michael McRaith
    Director of Insurance
    Illinois Department of Financial and Professional Regulation, on behalf of the National Association of Insurance Commissioners
  2. Mr. William R. Berkley
    Chairman and Chief Executive Officer
    W. R. Berkley Corporation, on behalf of the American Insurance Association
  3. Mr. John Hill
    President and Chief Operating Officer
    Magna Carta Companies, on behalf of the National Association of Mutual Insurance Companies
  4. Mr. Spencer Houldin
    President
    Ericson Insurance Services, on behalf of the Independent Insurance Agents and Brokers of America
  5. Mr. Robert Hunter
    Director of Insurance
    The Consumer Federation of America.
  6. The Honorable Frank Keating
    President and Chief Executive Officer
    American Bankers Association
  7. Mr. Frank Nutter
    President
    The Reinsurance Association of America