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Alabama Insurance Commissioner Expects Falling Prices

 by NAMIC
 Jan 10,2008

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Panelists and attendees discussed availability and affordability of property insurance on Alabama's coast during a symposium Jan. 9 hosted by the Eastern Shore Chamber of Commerce.

NAMIC Southeast State Affairs Manager Liz Reynolds attended the meeting and will provide a comprehensive report of the proceedings in the next Advocacy Update.

Alabama Insurance Commissioner Walter Bell used part of his time on the program to educate the audience about the history of insurance regulation in the United States and to emphasize the importance of allowing the free market, except in very extraordinary circumstances, to create solutions when problems occur. Link here to the Mobile Press-Register story on the commissioner's comments.

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Source: Mobile Press-Register

© Copyright 2007, National Association of Mutual Insurance Companies (NAMIC).

Presented by InsuranceHeadlines.com



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