Full Committee Hearing

State of the Insurance Industry: Examining the Current Regulatory and Oversight Structure

Date:   Tuesday, July 29, 2008 Time:   10:00 AM

Open in New Window

Topic

The witnesses on Panel I will be The Honorable Steven M. Goldman, Commissioner, New Jersey Department of Banking and Insurance, on behalf of the National Association of Insurance Commissioners; Mr. Travis B. Plunkett, Legislative Director, Consumer Federation of America; Mr. Alessandro Iuppa, Senior Vice President, Zurich North America, on behalf of the American Insurance Association; and Mr. L. John Pearson, Chairman, President, and Chief Executive Officer, The Baltimore Life Insurance Company, on behalf of the American Council of Life Insurers. The witnesses on Panel II will be Mr. George A. Steadman, President and Chief Operating Officer, Rutherfoord Inc., on behalf of the Council of Insurance Agents & Brokers; Mr. Thomas Minkler, President, Clark-Mortenson Agency, Inc., on behalf of the Independent Insurance Agents & Brokers of America; Mr. Franklin W. Nutter, President, Reinsurance Association of America; and Mr. Richard Bouhan, Executive Director, National Association of Professional Surplus Lines Offices.

Witnesses

Witness Panel 1

  1. Honorable Steven M. Goldman
    Commissioner
    New Jersey Department of Banking and Insurance, on behalf of the National Association of Insurance Commissioners
  2. Mr. Alessandro Iuppa
    Senior Vice President
    Zurich North America, on behalf of the American Insurance Association
  3. Mr. John L. Pearson
    Chairman, President, and Chief Executive Officer
    The Baltimore Life Insurance Company, on behalf of the American Council of Life Insurers
  4. Mr. Travis B. Plunkett
    Senior Director, Family Economic Stability
    The Pew Charitable Trusts

Witness Panel 2

  1. Mr. Richard Bouhan
    Executive Director
    National Association of Professional Surplus Lines Offices
  2. Mr. Thomas Minkler
    President
    Clark-Mortenson Agency, Inc., on behalf of the Independent Insurance Agents & Brokers of America
  3. Mr. Franklin Nutter
    President
    Reinsurance Association of America
  4. Mr. George A. Steadman
    President and Chief Operating Officer
    Rutherfoord Inc., on behalf of the Council of Insurance Agents & Brokers