• It is ironic, for example, that state regulators are boasting in Congress about the effectiveness of their capital and reserve requirements in stabilizing insurers even as several states act quietly at the individual state level to loosen those requirements.  (p4)

--  J. ROBERT HUNTER, DIRECTOR OF INSURANCE - CONSUMER FEDERATION OF AMERICA - Testimony - 47p

2009 0317 - GOV - Perspectives on Modernizing Insurance Regulation - [PDF-160p