Howell Heflin said "I might inquire of the Senator if there was testimony--I do not know whether it was this year or last year--from the American Insurance Association, one of their officers, which basically said that passage of the bill would not, I repeat, not, bring about any reduction in liability insurance premiums? Some words are that there would be insurance cost savings. I do not remember right offhand the person who said it, but I remember seeing that in a previous report of the Commerce Committee. Does the Senator remember that testimony?" @ PoliticalQuotes.com

On the recordMay 4, 1995

I might inquire of the Senator if there was testimony--I do not know whether it was this year or last year--from the American Insurance Association, one of their officers, which basically said that passage of the bill would not, I repeat, not, bring about any reduction in liability insurance premiums? Some words are that there would be insurance cost savings. I do not remember right offhand the person who said it, but I remember seeing that in a previous report of the Commerce Committee. Does the Senator remember that testimony?

Said by

Howell Heflin

Democratic · Alabama

Source

govinfo.gov

Editor's note · Context

Questioning the impact of a bill on liability insurance premiums during Senate debate.

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