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Dale: increasing concerns about insurance availability, price. (Focus Insurance & Employee Benefits).

Publication: Mississippi Business Journal
Publication Date: 30-JUN-03
Format: Online - approximately 1183 words
Delivery: Immediate Online Access

Article Excerpt
Mississippi Insurance Commissioner George Dale is the nation's longest-serving insurance commissioner having been in office for 28 years.

Dale, who is running for re-election this yeas, recently talked to the Mississippi Business Journal about a few of the major issues facing the insurance industry.

Mississippi Business Journal: Evidently some out-of-state companies are coming in and offering deals that are "too good to be true" on insurance. Are you seeing a problem with this?

George Dale: Our number of letters and inquiries from consumers has increased on programs they are being offered that are not insurance programs regulated by this department. Then when a person has a difficulty with a claim and we have to tell them it doesn't come under us, they get perturbed at us. Yesterday I wrote a letter to someone in the ERISA program, which is an act of the federal government that allows for businesses with a common thread to self-insure. These plans pay claims just like insurance companies. When there is some disagreement over the payment of a claim and the...

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