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Insurance Department Names First Insurance Panel

Contact: Mike Bownes, General Counsel

(334)241-4120

9/24/2002

Today Commissioner David Parsons announced, “An Insurance Liaison Committee has been established with 13 members of the insurance industry that do business in the State of Alabama.  We felt it was important to establish lines of communication with the industry we regulate so we can identify problems either at the Department or in the market, so they can be quickly corrected.  We also will encourage their input, assistance and support of our legislative packages.” 

The Department has established the board and its members will hold a term for a period of one (1) year. While the Department felt the size of the group had to be limited to be manageable, there are other insurers who will be represented in the coming years.

Parsons stated, “We have an excellent Board made up of outstanding individuals who will participate and assist the Department in dealing with current problems and issues. We had a lot of individuals show an interest to serve on the board, and we would hope to ensure that they will be allowed to participate in subsequent boards. This is a work in progress and this board will continue, and it will always be important to bring in new people and new ideas.”

This Committee will hold its first meeting on September 5, 2002. The Committee members are:

Martin Brown, Esquire Vice President and Associate General Counsel
Foremost Insurance Co.
Mr. Dave J. Clark, CPCU, ARe Assistant Regional Manager
Government Relations
ISO
Mr. Frank Millsaps Millsaps and Associates
Dr. Carol Jordan Eminent Scholar of Risk Management Insurance
Troy State University
Dr. Harris Schlesinger Chair of Insurance
Dept. of Economics and Finance
University of Alabama
Richard Golick, Esquire Regional Counsel
Allstate Insurance Company
Ms. Beth Chancy Vice President,
Property & Casualty Underwriting
Alfa Mutual Insurance Co.
Allen McGlynn, Esquire Assistant Counsel
State Farm Companies
William Brunson, Jr., Esquire President
National Security Insurance Co.
Mr. Michael Roberts Vice President, Underwriting
Southern Guaranty Insurance Co.
Mr. Don Morrison Senior Vice President and Secretary
Mutual Savings Life Insurance Co.
Ms. Janet McGowin Vice President and Actuary
Blue Cross Blue Shield of Alabama Inc.
Duncan Hamilton, Esquire Vice President and Associate General Counsel
Liberty National Life Insurance Co.

ALDOI will post details when they become available, on the initial September 5th, 2002, meeting of the Insurance Liaison Committee on its Web site.