THE VOICE OF TEXAS INSURANCE RE C O R D
INSURANCE
Published Since 1934 • Dallas, Texas November 19, 2009 • Vol. 75 No. 24
75TH ANNIVERSARY DIAMOND JUBILEE SPECIAL SECTION — PAGE 6
Big “I” Disappointed with
house health Care Bill
WASHINGTON—The Independent Insurance Agents &
Brokers of America (IIABA or the Big “I”), has expressed its
disappointment with the Democratic Health Care Reform
Bill that was passed by the U.S. House of Representatives.
Revisionism
“Just last week, the House Democratic Leadership unveiled
a 1,990 page bill that was touted as the byproduct of months
of negotiations between House Democratic Leadership and
members of the moderate and more liberal factions of their
caucus, yet the ‘revised’ bill closely resembles the original
bill,” says Robert Rusbuldt, Big “I” president & CEO. “The
Big ‘I’ is greatly disappointed that after months of negotiations, hearings, votes and debate in three House committees
we seem to be back on square one: a bad bill that includes
a ‘public option’ and deprives the American people of true
choices in their health care.”
The Biggest Losers
“The House passed a bill that includes a government-run
health insurance plan (‘public option’) that would unfairly compete with the private insurance marketplace, limit
consumer choice, and increase the taxpayer burden,” says
Charles Symington, Big “I” senior vice president of government affairs. “This bill picks winners and losers, and small
businesses and health care consumers are the biggest losers
today.”
continued on page 5
NAPSLO Notes—
U.S. Senate
Strides Toward Reform
In This Issue
Nonfatal Occupational Injuries &
Illnesses Declined Last Year 3
75TH ANNIVERSARY
DIAMOND JUBILEE SPECIAL SECTION
6
WASHINGTON—The National Association of Professional Surplus Lines Offices (NAPSLO) applauds the inclusion of the surplus lines reform language in
the Senate Banking Committee’s Financial Services Reform legislation, entitled
“American Financial Stability Act of 2009”, which was released, Nov. 9.
SELLING STRATEGIES:
Were You Fooled by
The Balloon Boy?
16
Speaking on Behalf of
The Big Ape
17
ICT Scholarship honor Roll Grows 20
The surplus lines reform language has already passed the House three times, most
recently on Sept. 9, 2009, without a single negative vote. NAPSLO expects these
provisions to become law, shortly.
State Regulatory Role Key To
Solvent Insurance Industry
23
continued on page 5
Agents Inclusion in house
healthcare Bill Is Positive, But… 24
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Rising Costs Block Small
Business health Coverage
26
NAIC Survey Shows health
Insurance Knowledge Gaps
Standard
Publishing
Corporation