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Key Consumer Advocate Up In Arms Over Call For Cat Coverage Commission

Hunter urges regulators to 'slow down and think a bit' about proposed federal

By Arthur D. Postal | Updated on June 04, 2006

Legislation introduced last month to create a federal emergency commission to study ways to shore up the catastrophe insurance marketplace is already generating controversy, with a top consumer advocate leading the opposition.

The bill introduced by Sens. Bill Nelson, D-Fla., and Mary Landrieu, D-La., won the praise of the co-chairs of ProtectingAmerica.org, a group formed to promote federal and state backstops for insurer catastrophe losses.

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