Repealing Insurers' Antitrust Immunity?

Law360, New York (November 5, 2009, 1:27 PM EST) -- For over 60 years the McCarran-Ferguson Act has provided broad antitrust immunity to the insurance industry. This has permitted insurers of all types to engage in a broad range of collaborative activity that might otherwise be forbidden under the antitrust laws.

Scattered efforts to limit or repeal the act over the years have been fiercely — and successfully — resisted by industry groups.

However, on Oct. 21, 2009, the House Judiciary Committee passed, by a vote of 20-9 (including three GOP members) a bill stripping health...
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