Insurance Industry Still Faces Squalls: Report

Law360, New York (December 9, 2009, 7:03 PM EST) -- Storm clouds are still on the horizon for the insurance industry, and only those companies ready to chart a new course are likely to emerge from the tumult, a new report from PricewaterhouseCoopers LLP suggests.

Over the next few years, the insurance industry will be faced with regulatory reform, increased government intervention and possibly tax law changes, in addition to the legacies of the financial crisis, the report says. This environment will create addition uncertainty for the industry as it confronts its immediate future, according to...
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