Several former insurance commissioners are expected to appear June 16 at a U.S. House Financial Services Committee subcommittee hearing to back proposed federal insurance regulation standards.[@@]
The Financial Services Committee capital markets subcommittee is organizing the hearing, and sources who requested anonymity say the witness list could include 4 former commissioners.
The former commissioners who might appear are Gregory Serio, the former New York commissioner; Lee Covington, the former Ohio commissioner; Nat Shapo, the former Illinois commissioner; and Mike Pickens, former Arkansas commissioner.
Robert Hunter, a consumer advocate who once was the Texas commissioner, also might testify.