GARY G. MILLER: “Somebody has to step forward to make sure there is liquidity in the marketplace.”

For the past century, and through multiple financial crises, the State-based insurance regulatory system in the United States has been successful and has protected policyholders.

We are starting to see a rebound in the housing market, and that is really important to the economic recovery of this country and for job creation.

Whether you support GSEs or not, if they are out of the marketplace in this market, it could be devastating.

It is essential that Congress fully understand the impact international regulatory standards will have on the competitiveness of U.S. insurers.