U.S. House to Review State of Industry

A.M. Best reports that state insurance commissioners will meet with members of U.S. House on Sept. 26 to update them on the state of the insurance industry, including losses suffered and solvency following the attacks on the World Trade Center and the Pentagon. U.S. Rep. Mike Oxley, R-Ohio, had written a letter on 9/17 to Kathleen Sebelius, Kansas insurance commissioner and president of the National Association of Insurance Commissioners, commending the insurance industry for its ability and willingness to provide compensation for the lives and property lost in the tragedies. Oxley, he...