Leave State Regulation Alone, Lawmaker Says

A Texas legislator and National Conference of Insurance Legislators (NCOIL) past president told a congressional subcommittee Tuesday state regulation remains the best approach to dealing with issues in the insurance industry. Rep. Craig Eiland, D-Galveston, a member of the Texas House of Representatives Insurance Committee, and current NCOIL State-Federal Relations Committee chairman, told the U.S. House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises that insurance consumers and marketplaces are well-served by state regulation, which states will continue to ...