RIMS endorses the legislation marked up and favorably reported by the U.S. House of Representatives Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. The Insurance Information Act and the Increasing Insurance Coverage Options for Consumers Act were hot topics at RIMS on the Hill legislative conference where RIMS members met with members of Congress and staff to lobby for both bills in June 2008. The two bills are legislative priorities for insurance buyers and risk managers.
RIMS commends subcommittee chair Paul Kanjorski, D-Penn.; ranking member Deborah Pryce, R-Ohio; Rep. Dennis Moore, D-Kansas; and Rep. Tom Campbell, R-Calif., for their efforts to successfully move the legislation that would better facilitate access to affordable insurance for commercial consumers.
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