New York–A survey by Standard & Poor's has found that most insurance executives and analysts see New York Attorney General Eliot Spitzer in a positive light, saying that his investigations of their industry will improve it.

The survey, conducted at S&P's annual insurance conference in New York titled "Insurance 2005: Under the Microscope," found that 75 percent of 100 executives and analysts who partook in the poll believe Mr. Spitzer's probes will "help the industry in the long-run."

Commenting on the result, S&P's Managing Director Steve Dreyer said it's becoming apparent to many insurance participants that the costs of fines and settlements from industry-wide probes will be manageable, and that these probes will likely bring about positive changes.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.