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Insurance and financial services regulation conference to be held at law school (Released: 10/8/99)

by Allison Thompson, Office of University Communications

HARTFORD, Conn. -- Top insurance and financial services regulators from Latin America and the United States next week will come to Hartford, a city that has been called the insurance capital of the world, for a roundtable discussion on insurance and financial services regulation.

The conference will be held at the University of Connecticut School of Law from Oct. 17 to 20. Sponsors include the law school, the United States Department of Commerce, the Connecticut State Insurance Department, the International Insurance Council, the International Insurance Foundation, and several private insurance companies.

Regulators from nearly a dozen Latin American countries and U.S. state and federal regulators are expected to participate in the conference, which will feature panel discussions and presentations on various aspects of the financial services industry.

The conference begins Oct. 17 with welcoming remarks from Hugh Macgill, dean of the law school; A. Everette James, deputy assistant secretary for service industries and finance in the international trade administration of the U.S. Department of Commerce; and George Reider, Connecticut insurance commissioner and president of the National Association of Insurance Commissioners.

That afternoon, a panel of regulators from the United States and Latin America will discuss key regulatory issues in Latin America. Monday, conference attendees will discuss emerging insurance products and related regulatory issues in the Latin American market and the regulation of financial solvency.

Tuesday, participants will discuss safety nets for insurance and banking. In the afternoon, participants will discuss financial services reform in the United States. Another panel will discuss selected additional regulatory concerns. The conference concludes Wednesday with a visit to the Connecticut Insurance Department.

Confirmed panelists include insurance regulators from numerous Latin American countries, attorneys, and insurance commissioners from several states. Regulators from Costa Rica, Belize, Bolivia, Brazil, Paraguay, Uruguay, Argentina, Mexico, Honduras, Chile, El Salvador, Peru, Venezuela and Guatemala are expected to attend.

A conference agenda is attached. Media are welcome to attend any or all of the sessions. However, those who wish to attend must contact Allison Thompson at (860) 486-3530 by Oct. 15.