NU Online News Service, June 4, 3:12 p.m. EDT
Insurance-industry executives need to involve themselves more in the rule-making process as regulations and laws develop, as changing rules afterward is a difficult process, a former New York State regulator says.
Speaking Thursday at the International Association of Claim Professionals in New York, James J. Wrynn, partner at the law firm Goldberg Segalla, LLP, and former Superintendent of Insurance for the State of New York, told attendees, "The more you engage, the better the results will be," says Wrynn. "We all want to do it right, but sometimes we need to step back a little and ask if this is the best way to proceed. You have to get out and get your voice heard."
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