Insurance Officials Criticize Federal Regulation Legislation
Carter, Ray, THE JOURNAL RECORD
Oklahoma insurance agents were urged Wednesday to lobby members of Congress to oppose legislation federalizing most insurance regulation.
Mike Pickens, insurance commissioner for the state of Arkansas, told a group of nearly 700 Oklahoma insurance agents that some federal lawmakers are trying to centralize insurance regulation in one federal agency, rather than allow each of the 50 states to handle the issue.
"Can you imagine as an agent, having to deal not with (Oklahoma Insurance Commissioner) Carroll Fisher, but having to deal with the federal bureaucracy?" he said.
Pickens, one of four state insurance commissioners addressing insurance agents as part …
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Publication information: Article title: Insurance Officials Criticize Federal Regulation Legislation. Contributors: Carter, Ray - Author. Newspaper title: THE JOURNAL RECORD. Publication date: August 8, 2002. Page number: Not available. © 2009 THE JOURNAL RECORD. Provided by ProQuest LLC. All Rights Reserved.
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