Terrorism insurance
working group set for today
Wednesday, October 31, 2001
WASHINGTON -- U.S. Reps. Richard H. Baker, R-La., and Paul E. Kanjorski, D-Pa,
will host a "terrorism insurance working group" with a goal toward developing a comprehensive
legislative response to threats to the U.S. economy posed by
unavailability of terrorist insurance in the wake of the September
11th attacks. The meeting, to be held at 2:00 p.m.
Wednesday in Room 2128 of the Rayburn House Office Building, is
intended as a forum for constructive policy-making among participants
representing a wide array of interests, including government and
industry, policy accounting and analysis, as well as consumer and
taxpayer advocates.
Under the direction of House Financial
Services Committee chairman Mike Oxley, R-Oh., Baker, along with
Kanjorski, chairman and ranking member respectively of the House
Subcommittee on Capital Markets, Insurance and Government-Sponsored
Enterprises, has invited participation from all members of the full
committee. Open to the public, the proceedings will include no opening
statements, with discussion among participants only, although they are
encouraged to submit short written statements if they would like. Reps.
Baker and Kanjorski will each control alternating blocks of 30 minutes
and may recognize members as they see fit within that time.
Though subject to change and additions, the
working-group will consist of the following participants:
- Bill Pollard
, E.V.P. & G.M. North Carolina Farm
Bureau Mutual Insurance Company, on behalf of NAMIC and
NAII
- Tom Gallagher
, Treasurer, Insurance Commissioner and
State Fire Marshal, State of Florida, Member of NAIC
- Ted Kelly
, CEO, Liberty Mutual
- Jack Sinnott
, CEO Marsh, Inc.
- Frank Nutter
, Reinsurance Association Assoc.
- Terry Broderick
, Royal/SunAlliance
- Travis Plunkett
, Consumers Federation of America
- Larry Cluff
, General Accounting Office
- Tom Miller
, Cato Institute
- David Keating
, National Taxpayers Union
- Steve Wechsler
, President and CEO, National Association of Real
Estate Investment Trusts
- Sheila C. Bair
, U.S. Department of Treasury (invited,
tentative)
U.S. House
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