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Rep. Baker Scores Regulators Storm Response

Washington--A member of a House panel scored insurance commissioners for a lack of speed and uniformity in their reaction to Hurricane Katrina and other ...

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Washington–A member of a House panel scored insurance commissioners for a lack of speed and uniformity in their reaction to Hurricane Katrina and other storms yesterday during a hearing on marketplace issues related to catastrophes.

The criticism came from Rep. Richard Baker, R-La., who chairs the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

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