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NAIC President Calls Criticism From Consumer Groups "Unwarranted and Inaccurate"

Ernst Csiszar, the president of the National Association of Insurance Commissioners, has responded to a letter from consumer groups, calling their assertion that he is...
March 9, 2004

Ernst Csiszar, the president of the National Association of Insurance Commissioners, has responded to a letter from consumer groups, calling their assertion that he is improperly pushing a deregulation agenda for the insurance industry "unwarranted and inaccurate." A letter to NAIC commissioners signed by J. Robert Hunter, director of insurance for the Consumer Federation of America and Norma P. Garcia, senior attorney for Consumers Union, called on Csiszar to either resign or stop lobbying for what they alleged was a loosening of insurance regulation.

"When director Csiszar uses his position as NAIC president to stifle debate, eliminate opposing views and push his radical deregulation agenda, he is not serving the NAIC, other state insurance regulators or consumers," Robert Hunter wrote in the letter. The Consumer Federation on Wednesday, March 3 said Csiszar has hijacked the presidency of the national commissioners' association to advance the industry's deregulation model.

"I have absolutely not abandoned state regulation nor any NAIC established policies," said Csiszar, who also is South Carolina's Director of Insurance. "The NAIC continues to work with members of Congress to ensure that ongoing regulatory reforms will preserve state regulatory authority and essential consumer protection initiatives. Congress is calling for 'radical' reforms in state regulation, and may take certain steps with or without state regulator involvement."

"While we value the input and the views of Mr. Hunter and Ms. Garcia, in this case they have misrepresented the facts and I think it is important to point that out."

NAIC Responds to Statements By Consumer Groups (3/3/04)

Consumer Groups Take Aim at South Carolina Insurance Chief (Miami Herald 3/4/04)