Summary
Jim Long, North Carolina's insurance commissioner
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Extract
In it for the long haul.
Politics, like the industry he regulates, is risky business, but North Carolina's insurance commissioner says he's IN IT FOR THE LONG HAUL
Bolstered by a big slice of chicken breast followed by lemon meringue pie, the heavy-set man who ranks among the nation's most powerful insurance regulators was his jovial self. Four times during his 45-minute speech, Jim Long threatened to yank the license of one or another of the 235 insurance agents assembled at a downtown Charlotte hotel. He was joking, of course. The luncheon address to the Charlotte Chapter of Chartered Property and Casualty Underwriters gave him a chance to tout his successes and his audience an opportunity to check out the politician who regulates their livelihood. Jim Long, a man who at 51 has thrived in the public arena most of his life, can crack jokes with the best of them. But this time, the laughs were muffled. Even his best lines had a hard edge of tension to them. With insolvencies at record levels, medical bills skyrocketing and some giant insurers teetering, insurance isn't a laughing matter these days. Except to Jim Long. His timing,...See the full content of this document
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