GROUP SEEKS AFFORDABLE INS.

September 2, 2002

The Texas Coalition for Affordable Insurance Solutions has been created as a proactive alliance of insurance providers and trade organizations committed to working with legislators, regulators, consumers and others to find public policy solutions that will improve insurance affordability and accessibility in Texas. Beaman Floyd, director of TCAIS, said the coalition promotes a healthy, competitive market so Texans can get the best price possible for their insurance coverage and service. The group wants legislative and regulatory action related to insurance to be based on public policy principles that: Promote healthy competition, so Texans can get the best price possible for their insurance coverage; Provide greater choice of policy options, so Texans can choose insurance coverage that meets their needs and fits their budgets; and Prevent fraud and claims abuse, so Texans don’t pay higher prices for their insurance because of others who are taking advantage of the system. TCAIS is creating a resource network, including a new Web site, (www.TCAIS.org), with information on the legislative and regulatory issues affecting insurance policyholders in the Lone Star State.

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