SAN ANTONIO, TEXAS--The head of a national regulators' unit working on a catastrophe insurance plan voiced enthusiasm here for the new focus the incoming Democratic leadership in Congress has said it will give to the issue.

"It is a new day," said Florida Insurance Commissioner Kevin McCarty following a meeting of the Catastrophe Insurance Working Group of the National Association of Insurance Commissioners.

His comments at the NAIC winter meeting came after getting word that the Democratic leadership in the House has put creation of a federal commission on catastrophe insurance issues on the first 100 days agenda.

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