Just another national carrier using politics to try and gain an advantage over smaller regional players in coastal states. After all, coping with multiple individual state regulations does create a limiting factor on the benefits of scale …
I agree. They must be having a problem with their lobbyist at a local level, but good luck at the Federal level. This is the first carrier I heard of that wants the Fed involved.
If Travelers could get a “commission” or the fed on their side they think they can get “favors” with other issues. Shakey at best. Besides, every time I hear Travelers I hear Primerica. Every time I hear Primerica I see part-time yahoos selling something they know nothing about and replacing things they know even less about. It all stinks right from the get-go.
Just another national carrier using politics to try and gain an advantage over smaller regional players in coastal states. After all, coping with multiple individual state regulations does create a limiting factor on the benefits of scale …
I agree. They must be having a problem with their lobbyist at a local level, but good luck at the Federal level. This is the first carrier I heard of that wants the Fed involved.
If Travelers could get a “commission” or the fed on their side they think they can get “favors” with other issues. Shakey at best. Besides, every time I hear Travelers I hear Primerica. Every time I hear Primerica I see part-time yahoos selling something they know nothing about and replacing things they know even less about. It all stinks right from the get-go.
If Travelers is promoting this, there is no question it would harm consumers.
This will start a trend of the insurance industry cherry-picking when they do and do not want Federal oversight.