NU Online News Service
WASHINGTON--Insurance industry groups appearing yesterday at a House Financial Services Subcommittee hearing argued vigorously against an increased government role for insurance against natural catastrophes.
At the hearing, members of Congress, including three representatives from Florida and Rep. Gene Taylor, D-Miss., appeared as witnesses to describe insurance problems facing homeowners along the Gulf and Atlantic Coasts and to give their views on how the government can help ease the situation.
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