An executive with the nation's largest property-casualty insurance trade group has called on insurers to fight to preserve their freedom to operate and to rein in "aggressive" regulators who, he said, stifle competition.
Roger H. Schmelzer, senior vice president of state and regulatory affairs with the National Association of Mutual Insurance Companies (NAMIC), made his comments Monday at the annual meeting of the Michigan Insurance Federation at Harbor Springs, Mich. His association reported his remarks.
The insurance industry successfully influences public policy, he said, "when we are assertive, thoughtful and focused in our arguments."
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