Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON–Reacting to news that the oversight panel of the House Financial Services Committee plans a Feb. 28 hearing to probe insurance industry handling of Hurricane Katrina claims, one industry group official said the industry “welcomed” the investigation.

The timing of the hearing–which had been foreshadowed by a statement from the committee in early January–was announced by Rep. Mel Watt, D-N.C., chairman of the panel’s Subcommittee on Oversight and Investigations.

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.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.