10 Regulatory Figures to Watch in 2013

The new year has kicked off with several new appointments to regulatory bodies and several leaders speaking out. The following 10 people could influence big changes for the insurance industry in 2013.

Ronald Papa

The former president of the National Association of Public Insurance Adjusters re-inserted himself into regulatory affairs earlier this month at the NAIC's annual meeting when he called out the industry in the wake of Sandy, saying that there were failures in preparing for and responding to disasters. Papa cited an example of a businessman with a $100 million policy with $5 million of flood coverage and a 5 percent deductible—the customer was told the deductibe applied to the entire policy, therefore, he was stuck with a $5 million policy with a $5 million deductible.

Photo courtesy National Fire Adjustment Co.



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