The long-simmering tension between insurers and congressional Democrats is erupting into open warfare, with lawmakers stepping up their push to revoke a key federal protection for the insurance industry.Howie P.S.: It may just be theatrics, but I think it's good theater.
In the House, where Democratic leaders are exploring the issue further, Judiciary Committee Chairman John Conyers (D-Mich.) has introduced legislation that would essentially end McCarran-Ferguson and give the federal government the right to regulate insurers at the national level.
Saturday, October 17, 2009
"Democrats launch attack on insurer (antitrust) exemption"