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September 01, 2004

Insurers Line Up To Lobby At The NY Republican Convention

The Property Casualty Insurers Association of America is just one of the groups with lobbyists at the event. It is co-sponsoring an event recognising the achievements of the House Financial Services Committee at which committee chairman Michael Oxley is special guest and it is hosting an insurance industry lunch with special guest Richard Baker, chairman of the House Financial Services Sub-committee on Capital Markets, Insurance and Government Sponsored Enterprise. Although the message that insurers are most keen to get across is the need for further extensions to the Terrorism Risk Insurance Act, the presence of Mr Baker and Mr Oxley will push discussions of the State Modernization and Regulatory Transparency Act (Smart Act), drafts of which were unveiled last month by the two men.

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Posted by Tom Troceen


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