National News
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Insurers Urge Regulators to Keep McCarran-Ferguson
National News • June 6, 2007
Insurers recently asked state regulators to oppose a bill pending in Congress that would eliminate the exemption insurers currently receive from some federal antitrust laws.
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Subject: RE: RE: RE: Repeal of McCarren Ferguson Act
"Take a look at the number of mergers and consolidation that have occurred in the last 10 to 15 years. There are a handful of large P&C insurers now compared to a few years ago. Need I name them?"
I say to you, "Name them, and the be sure to include the prior and current company names."