House is blue. Senate is red. POTUS is orange. That means gridlock in Washington DC.
For the P&C insurance industry, that likely means some regulatory overhaul will be delayed on a federal level, but individual red states can enact statutes that aid market competition.
For the health insurance industry, there will be more uncertainty as regards the future of ACA. The House will try to protect its remnants, while the Senate will block any such changes unless they are compromises. POTUS will veto anything his advisors tells him is going to prolong the inevitable repeal / collapse. Look at current ACA prices for proof of the death spiral.
House is blue. Senate is red. POTUS is orange. That means gridlock in Washington DC.
For the P&C insurance industry, that likely means some regulatory overhaul will be delayed on a federal level, but individual red states can enact statutes that aid market competition.
For the health insurance industry, there will be more uncertainty as regards the future of ACA. The House will try to protect its remnants, while the Senate will block any such changes unless they are compromises. POTUS will veto anything his advisors tells him is going to prolong the inevitable repeal / collapse. Look at current ACA prices for proof of the death spiral.
Polar, the gridlock in DC may not last long. Stay tuned for developments on the near horizon.