Leigh Ann Pusey News

PIA, AIA Oppose Hollings Bill

Two more insurance industry groups came out in opposition to a Senate bill that would create a U.S. Commerce Department insurance regulatory commission. The National Association of Professional Insurance Agents (PIA) will actively oppose legislation introduced by Sen. Ernest “Fritz” …

AIA Says Fair Credit Act Renewal Will Keep Regulatory Balance

The American Insurance Association (AIA) on Thursday urged Congress to renew the Fair Credit Reporting Act and applauded House Financial Services Committee Chairman Mike Oxley (R-Ohio) and Rep. Spencer Bachus (R-Ala.) for their wide-ranging hearing on the need to reauthorize …

Solution to Growing Asbestos Crisis may be on the Way

The ‘elephantine mass of asbestos cases’ lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,’” wrote Justice Ruth Bader Ginsburg in the U.S. Supreme Court’s recent decision in the case of …

Solution to Growing Asbestos Crisis May be on the Way

The ‘elephantine mass of asbestos cases lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,’” wrote Justice Ruth Bader Ginsburg in the U.S. Supreme Court’s recent decision in the case of …

AIA Says Asbestos Summit Hopeful for Reform in 2003

Momentum toward true reform of asbestos litigation continues today with a wide-ranging bipartisan summit organized by key senators, the American Insurance Association (AIA) said. “Today’s meeting shows that leaders in Congress on both sides of the political aisle are working …

AIA Chooses Top Gephardt Aide to be VP, Federal Affairs

The American Insurance Association (AIA) has appointed Moses Mercado, deputy chief of staff to former House Democratic Leader Richard Gephardt, as vice president, federal affairs. Mercado becomes a key player in AIA’s federal affairs department, which advocates AIA member company …

New Report Shows Asbestos Litigation Crisis Hurting Workers

The asbestos litigation crisis has cost the American economy tens of thousands of jobs and has reduced pension wealth for employees at bankrupt firms by an average of 25 percent, according to an American Insurance Association-sponsored study authored by Nobel …

New Reports Shows Asbestos Litigation Crisis Hurting Workers

The asbestos litigation crisis has cost the American economy tens of thousands of jobs and has reduced pension wealth for employees at bankrupt firms by an average of 25 percent, according to an American Insurance Association-sponsored study authored by Nobel …

AIA Welcomes Ally in Push for Federal Insurance Regulatory Presence

An active federal government role in the modernization of insurance industry regulation is more likely with the addition of yet another key industry group to the policymaking effort, according to the American Insurance Association (AIA). “The Independent Insurance Agents of …