PCI Applauds Senate Banking Committee’s Concerns on Insurance Regulation
WASHINGTON – The Property Casualty Insurers Association of America (PCI) issued the following statement applauding the Senate Committee on Banking, Housing, and Urban Affairs hearing today entitled “State of the Insurance Industry and Insurance Regulation.” “PCI commends Senators Richard Shelby (R-AL) and Sherrod Brown (D-OH) and the Senate Banking Committee members for holding this important hearing and raising concerns about the unprecedented international intrusion into state insurance regulation,” said Nat Wienecke, PCI’s senior vice president, federal government relations. “The