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Pharma Investments, Ventures & Law Weekly

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Genworth Financial, Inc.



Genworth Financial Voices Support for Proposed Confidence in Long Term Care Insurance Act: Testimony Before the Senate Special Committee on Aging



June 21st, 2009

In a hearing yesterday before the U.S. Senate Special Committee on Aging, Buck Stinson, president, insurance products at Genworth Financial, Inc. (NYSE:GNW), expressed support for the proposed Confidence in Long Term Care Insurance Act of 2009 and applauded efforts at both the federal and state level to encourage consumers to take responsibility for future long term care costs.

As the only representative of a long term care insurance carrier asked to testify at the hearing, Stinson addressed Chairman Herb Kohl (D-WI) and members of the committee about the Confidence in Long Term Care Insurance Act, which aims to improve consumer protections for purchasers of long term...


Source: Pharma Investments, Ventures & Law Weekly (2009-06-21)

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