"This has created a crisis atmosphere here," said Peter Gorman of the
Alliance of American Insurers.
Alliance of American Insurers: Annual Meeting of the Alliance, Four Seasons Avinra/Carlsbad, North San Diego, Calif., Phone: (630) 724-2187, Fax: (630) 724-2185, E-mail: todowd@allianceai.org, Web site: www.allianceai.org.
Sarah White, a policy manager for the
Alliance of American Insurers, agrees that the awareness level about the importance of background checks and strict underwriting has been raised.
Spragens, senior vice president and general counsel for the
Alliance of American Insurers.
While the industry can support a more targeted and less repetitive and costly program to monitor market conduct, the program "should not be a tool for class-action lawyers to prioritize which companies they want to sues said Lenore Marema, vice president of legal and regulatory affairs with the
Alliance of American Insurers.
A similar bill died last year, because the Senate didn't take it up for final passage, said Frank O'Brien, New England regional manager for the
Alliance of American Insurers.