Good morning. My concern is about the 2024 election. I hope we do not have the same election we had in 2020 where everybody received billions of dollars hello . Go ahead. [applause] welcome, everyone. I am the managing director. Always a pleasure to have you back. Right now even more so on the eve of a Spring Meeting coming up and you are back from a trip to china. We talked about a lot of these things. Before i start i wanted to remind you we have a lot of people watching this virtually so i want to remind all of you who are watching this virtually that you can send in questions if you have any, you can send them in by email or two events or on the Youtube Channels you are watching this on or on twitter. Any of those ways will hopefully reach us in time. I am sure there are people in the audience who have questions. Before we get to the questions i have questions of my own. First of all, welcome. A great pleasure to have you here. Thank you for the invitation. I want to start, i dont
Denver Public Library in and i said what are the issues youre facing here at the denver Public Library and i thought she was a Something Like Cyber Security or access to books but she said we the people over dosing in Library Every day and we need to get our lab librarians something so they can stop the overdose. John the Library Every day and we need to get mccain at a confirmation. Earing we now have an executive from corporations and has corralled 90 of our Defense Budget and unload the major issues that this committee has had hearings about is you want to find out more information. Not a good beginning. Do not do that again mr. Shanahan, or i will not take your name up for a vote before this committee. Washington journal continues. Host joining us is clyde wayne is here to discuss their annual survey of the size, scope, and cost of federal regulations. Viewers what is the Competitive Enterprise Institute . Guest we are an advocacy group. We tend not to do tax and budget issues, we
I call to order this hearing of the Senate Subcommittee on consumer protection, product safety, insurance and data security. As the title suggests, this subcommittee exercises wide jurisdiction over a diverse range of topics. This will be our first hearing this congress to examine matters pertaining to insurance, specifically, that of Insurance Fraud. Thank you to our expert witnesses who came here to join us today. Insurance fraud is a major concern not only for insurers,we who bear the costs of fraudulent claim payouts, but also consumers, who see these costs passed on to them in the form of higher premiums. This hearing will examine the scope of Insurance Fraudst atlarge in the United States and address nationwide fraud trends across a variety of Insurance Markets, including property and casualty, and Life Insurance. In addition, well discuss the tools available to states,s insurers, and consumers to protect themselves against these crimes. The Insurance Industry has an enormous pre
I call to order this hearing of the Senate Subcommittee on consumer protection, product safety, insurance and data security. As the title suggests, this subcommittee exercises wide jurisdiction over a diverse range of topics. This will be our first hearing this congress to examine matters pertaining to insurance, specifically, that of Insurance Fraud. Thank you to our expert witnesses who came here to join us today. Insurance fraud is a major concern not only for insurers,we who bear the costs of fraudulent claim payouts, but also consumers, who see these costs passed on to them in the form of higher premiums. This hearing will examine the scope of Insurance Fraudst atlarge in the United States and address nationwide fraud trends across a variety of Insurance Markets, including property and casualty, and Life Insurance. In addition, well discuss the tools available to states,s insurers, and consumers to protect themselves against these crimes. The Insurance Industry has an enormous pre