The National Association of Mutual Insurance Companies (NAMIC) issued the following comment on a letter recently sent by the House Committee on Financial Services to the president of the National Association of Insurance Commissioners. (See insurancejournal.com National headlines, Sept. 20, 2001)
"We appreciate the Financial Services Committees interest in the well-being of the insurance industry and appreciate the offer of assistance. NAMIC is confident that its member companies will honor their contracts and will proceed to adjust and pay claims in a responsible manner just as they have done when other disasters have struck this country. Insurance employees are patriotic Americans and, after firefighters and police, are generally the first people to respond in a crisis, as they have been in this tragedy."
