Thursday, April 12, 2007

 

Why is Everybody Beating Up on the Insurance Industry?

It seems like all of a sudden, everybody is beating up on the insurance industry. Consider:

There are bills to repeal the industry’s limited antitrust exemption under McCarran-Ferguson. Lawmakers are calling for the industry to be regulated by the Federal Trade Commission, or by a newly-created federal insurance regulator and new federal regulatory bureaucracy.

Why is Everybody Beating Up on the Insurance Industry?
Source: Insurance News Net

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