Business Services Industry
Risk managers should speak louder on public policy, says AIA's Vagley.(Robert E. Vagley, American Insurance Association)
Business Insurance, June, 2005 by Hofmann, Mark A.
Byline: MARK A. HOFMANN WASHINGTON-Risk managers could have an influential voice on Capitol Hill, if only they would use it, says one of the highest-profile figures in the insurance industry. That's particularly critical because many of the issues of importance to risk managers as well as insurers-tort reform, the nature of insurance regulation and the insurance implications of terrorism-are likely to remain in play for the foreseeable future, said Robert E.
Vagley. Mr. Vagley, who has been president of the American Insurance Assn. since 1986, will step down from that post at the end of the month. Former Montana Gov. Marc Racicot will succeed him Aug. 1. Mr. Vagley came to AIA via Capitol Hill, where he served as chief counsel for the House Committee on...
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