The leader of a major property-casualty insurance trade organization urged a group of state lawmakers yesterday to get behind legislation now pending in Congress that would preempt elements of state insurance regulation.
Ernst Csiszar, president and chief executive officer of the Property Casualty Insurers Association of America, told a meeting of the American Legislative Exchange Council in Washington that "the regulatory system is going to break, and we need to fix it before it does."
Speaking at ALEC's states and nation policy summit, the former National Association of Insurance Commissioners president said that state policymakers should seriously consider the benefits of the State Modernization and Regulatory Transparency Act, which could come before Congress next year.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
