Latest Swipe At Insurers' Antitrust Immunity May Take Hold

Law360, New York (January 7, 2013, 8:05 PM EST) -- Legislation that would repeal antitrust immunity for health and medical malpractice insurers was revived Thursday, and experts say the measure may gain more traction this time, as changes stemming from the health care reform law provide an opening for anti-competitive conduct in the industry.

Similar measures, including a limited repeal of the McCarran-Ferguson Act's long-standing antitrust exemption for insurers, have passed the U.S. House of Representatives before but were blocked in the Senate.

But there is a chance, albeit a slim one, that the effort may...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.