Friday, December 18, 2009

 

Editorial: House Democrats' punitive proposals prompt three states to lobby for Michigan insurers' employment

Other states are licking their chops as Michigan Democratic lawmakers continue to demagogue home-based auto and home insurance carriers. While our Legislature is bristling with unfriendly proposals toward insurers, Ohio, Indiana and Iowa are among the states courting them and their well-paying white-collar jobs.

The contrast was especially prominent this week, when Ohio's development department circulated invitations to the launch of a new strategic plan for growing its insurance companies and financial institutions.

At the same time, Michigan's Democratic lawmakers were pushing legislation to increase government intrusion into the insurance business. Last summer, they also sponsored bills that would open the floodgates to lawsuits against insurers by creating new causes of legal action, fines and penalties to settle disputes over claim payments...

Detroit News: Editorial: House Democrats' punitive proposals prompt three states to lobby for Michigan insurers' employment

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