Posted On: July 12, 2006, 8:18 am CDT

Posted By: Pat

A national regulatory system will only benefit and increase competition among big carriers to see how many small guys they can squeeze out. I have to ask who is giving Sununu money for this--not the little guy. This is what has happen with the banks... The only place you can still get good service (creative financing etc. is with someone who can take the time to understand your financial needs and can analyze your risk, and not jam a square peg into a little round hole... hmm where will all the underwriters go!) are local credit unions, unless you have millions. Basically this means the little guy gets screwed... and I don't mean just small carriers, but anybody who has to buy Insurance.

We also know that many states make mistakes when the introduce regulations... This will happen with Federal regulation as well! And it takes a lot more money to sway the Federal politicians and there is not another competing model of regulation to point toward for change.