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Sen. Sununu Opens Hearings on Federal Regulation of Insurance
National News July 11, 2006
U.S. Senator John Sununu (R-NH), who introduced the National Insurance Act of 2006 with Senator Tim Johnson (D-SD) on April 5, 2006, opened hearings today on the controversial legislation that ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: RE: RE: Federal regulation | Neel | Jul 21, 2006, 12:21 pm |
| RE: RE: RE: RE: Federal regulation | Pat | Jul 12, 2006, 8:18 am |
| Free Enterprise Vs Entitlement | Mark | Jul 11, 2006, 5:39 pm |
| RE: RE: Federal regulation | Jim | Jul 11, 2006, 4:28 pm |
| RE: RE: RE: Federal regulation | Humor | Jul 11, 2006, 1:50 pm |
| Federal regulations & Sununu | Nan | Jul 11, 2006, 1:47 pm |
| RE: RE: Federal regulation | Bob | Jul 11, 2006, 12:50 pm |
| RE: Federal regulation | Rick | Jul 11, 2006, 12:44 pm |
| Federal regulation | Edwin | Jul 11, 2006, 12:13 pm |
| Back to article | ||


Subject: RE: RE: RE: RE: RE: Federal regulation
Insurance is a vast and complex industries. There are hundreds of millions of people in this country--many of whom have multiple insurance plans. It would be impossible for a federal insurance agency to not become a bloated bureaucracy that is slow to change and slow to aid policyholders.
The Federal Government has bungled far too many things to inspire any confidence in their ability to police something as complex and varied as the insurance industry.