Senators Call For Insurance Reforms
Lott, R-Miss., and Landrieu, D-La., joined industry representatives and hurricane victims at a Senate Judiciary Committee hearing.
For more than 60 years, insurance providers have enjoyed federal exemption under the McCarran-Ferguson Act of 1945, which leaves regulation of the insurance industry up to states.
The hearing addressed the bipartisan Insurance Industry Competition Act of 2007, introduced in...
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