NEW YORK–Former regulator and trade association president Ernst Csiszar told property-casualty insurance executives gathered here today that their industry is a "cheapskate" when it comes to political expenditures.
Mr. Csiszar, who served as chief executive officer of the Property Casualty Insurers Association of America (PCI) and president of the National Association of Insurance Commissioners, made his remarks at the 18th Annual Property Casualty Conference.
He said the insurance industry has not made its presence felt in Washington primarily because it fails to make the political contributions that bring influence.
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