SAN ANTONIO, TEXAS--The head of a national regulators' unitworking on a catastrophe insurance plan voiced enthusiasm here forthe new focus the incoming Democratic leadership in Congress hassaid it will give to the issue.
"It is a new day," said Florida Insurance Commissioner KevinMcCarty following a meeting of the Catastrophe Insurance WorkingGroup of the National Association of Insurance Commissioners.
His comments at the NAIC winter meeting came after getting wordthat the Democratic leadership in the House has put creation of afederal commission on catastrophe insurance issues on the first 100days agenda.
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