breaking news
The Arkansas Insurance Department
commissioner will spend the next two months in Iraq helping that
country`s new leaders establish an insurance system.
Mike Pickens, who has also helped officials in Egypt, China,
Vietnam and India restructure their insurance laws, expects to
leave later this week for Washington and then for Iraq. He will be
working with Mike Carr, a reinsurance specialist from the United
Kingdom, for the US Agency for International Development.
Pickens said he and Carr have already started drafting the
insurance code, modeling it after Jordanian law. He said Iraq`s old
system was run by Saddam Hussein and people close to him.
Pickens said he will live in the Babylon Hotel across the Tigris
River from Saddam`s former palace. He will travel by armored van to
his nearby office, a doublewide trailer, while wearing a flak
jacket and helmet.
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