"This has created a crisis atmosphere here," said Peter Gorman of the Alliance of American Insurers
The DOI's proposal is excessive and unnecessary, according to the Alliance of American Insurers
. The alliance particularly objects to a requirement that all special investigation unit employees and other integral anti-fraud personnel be fully trained within 30 days of their hiring and he knowledgeable of all fraud-related law.
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: email@example.com, Web site: www.allianceai.org.
The findings are "a damming indictment of New York's no-fault auto insurance system, which encourages unscrupulous attorneys and medical providers," according to John Cucci, a spokesman for the Alliance of American Insurers
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.
The regulations are consistent with the interim guidance documents previously published according to the Alliance of American Insurers
, which expressed general approval of the regulations.
Spragens, senior vice president and general counsel for the Alliance of American Insurers
The new law will help curb fraudulent claims, according to the Alliance of American Insurers
. "It contains substantially all of the reform elements recommended by the Coalition of Business and Insurance Industry and an Alliance member-company task force," said William Stander, Southeast regional government affairs representative for the Alliance.
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
The Alliance of American Insurers
and other insurance trade groups are asking the New Mexico Supreme Court to reverse that decision.
The guidelines were developed at the request of the DOI by an insurance industry group that included the Alliance of American Insurers
and the National Association of Independent 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