Posted On: September 29, 2008, 12:36 pm CDT

Posted By: An Agent from Arizona

The Federal Government as the governing body to oversee the Insurance Industry what are they thinking? That's right there not thinking at the Federal Level regarding this issue. The States have done a great job in keeping the insurance companies in line and regulaing them. Perhaps that is why some companies want Federal regulation. We do not need to look any farther than the Banking Industry and we can see how effective the Federal Government has been. Do those pushing for Frederal Regulation think we are stupid? Can anyone tell me one Federal Program that is run effectively? Let the States continue to Regulate our Industry. The only item we need on a National Level is a clearing house for those of us licensed in several states. I say if it isn't broke why try and fix it, especially with a Program Run by the Federal Government.