Calif. Commissioner provides for the statement
CA John Garamendi Insurance Commissioner recently his inaugural speech on January 6, 2003, when he vowed a ceremony in the Assembly chambers California Capitol Building.
The following is the text of the statement by Commissioner Garamendi, courtesy of the California Department of Insurance:
There are only a few no distinctions and greater responsibilities as a choice by the citizens of this country to work for her. I am humbled by the honour, and I am befeuert enthusiastically to the idea of returning Insurance Commissioner. I will do everything in my power to meet the expectations of all Californians and reconstruction of the California Department of Insurance in the best agency for the protection of consumers in this country.
I am also very pleased to have an excellent starting point. Commissioner Low, your tenure, the office has been exceptional. The schwächenden Quackenbush scandal, not only thousands of victims of earthquakes without the aid, it deprives the California Department of Insurance its integrity, its honour and much of its ability to regulate this is the most important part of our economic system and Social Council. Luckily, you still have these attributes and anytime you’re recognized as one of California’s great commissioners. We thank you for the work you and for me that you honor awarded today by the implementation of my swearing in
While I would like to thank the hundreds of you individually for this round table that I have time, just to name a few examples - members of my patients, energetic and loving family: My mother constantly, he held Today, the Bible and also headed steadily her seven children, 21 grandchildren and seven rear. Our own children Ashley, Elizabeth, fall, her husband, Kevin, Christina and her husband, Eugene, John and his wife Colleen, Genet and her husband Martin. And, of course, my wonderful wife Patti, 37 years was my first and last thought each day. She is my inspiration, my guide and my love. For my campaign staff, led by Pam Neifert, and each of you, so far, I thank you for always help to participate more and more, and always with the faith that our efforts worthwhile The victim asks.
My goal is the best agency for consumer protection in the nation. Consumer protection is the first priority. During the year 1991, when I as a commissioner for the first time, the State and the Office of the challenge of implementing Proposition 103 Today, the challenges facing the Department of Insurance, in California consumers and the insurance sector is complex and difficult, but not insurmountable.
The Americans are nervous and agitated - we are looking for security. We are concerned about our personal security in the wake of 9 / 11 and the war against terrorism. Concerns about our financial security, keep us awake. We are at the margin, as we observe the dramatic decline in the value of our entry into retirement accounts and read about bankruptcies and layoffs in businesses, just a year ago, was the cornerstone of our system economically.
The insurance has always been our defense against disasters financial or personal. And now more than ever, in this period of great uncertainty, we expect, no insurance to protect consumers and once again a strong line of defense. Our job is to contribute, answers questions from consumers demand more and more. “If something happens with me, my family financially in order? Can I provide reports do I need to guarantee the safety of my family? Do I have health insurance, if my company downsizes? My child is it good to get medical care this policy? When I was a claim for damage to my house, I will be cancelled? How does my company can survive with these Workers’ Compensation rates? ”
Our economy and our personal safety depends on a healthy and dynamic and competitive insurance market, offering cheap insurance for consumers. For the welfare of consumers, insurance companies and the economy, we need bridges of understanding, confidence in the system and find solutions together.
For all companies who want to travel in the California market and provide quality service and quality insurance products, while the payment of their receivables quickly and fairly - Welcome! For businesses and consumers, cheat and cheat - I got a message for you: “I’m back, I’m experienced, and you’ll be criminally prosecuted.”
Some insurance companies, see the California Department of Insurance, for an effective, rapid, consistent, reliable and the implementation of laws and regulations. I will work to solve problems - not to put in place. I shall closely with the legislature and the governor. These are important parts of the creation of the nation in better consumer protection agency.
We are facing an insurance system, which exceeds the problems. Almost every sector is in difficulty. Medical Malpractice, home care, responsibility, terrorism, executives and directors of faulty construction, Low-Cost auto, red lining and cities to begin a long, or incomplete list of emerging crises of insurance. At the top of the list of four critical issues, the insurance must now be addressed: Workers’ Compensation, health insurance, homeowners and privacy.
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