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“Irresponsible” McCarran repeal bill unveiled

05 February 2010

US congressman Tom Perriello and congresswoman Betsy Markey today introduced a stand alone bill to remove the limited antitrust exemption for health and medical professional liability insurers.

Read more: [mccarran-ferguson]

US congressman Tom Perriello and congresswoman Betsy Markey today introduced a stand alone bill to remove the limited antitrust exemption for health and medical professional liability insurers. Proposals to repeal the McCarran-Ferguson Act have been the subject of much debate in the midst of health care reform. 

Proponents of the bill believe the act exempts insurers from state antitrust laws, which prohibit insurers from price fixing, bid rigging and restricting competition and federal law does apply in cases of boycott,...


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How big would insured catastrophe losses this hurricane season have to be to move reinsurance pricing up?

$0-15bn
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$15bn-$30bn
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$30bn-$50bn
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$50bn-$75bn
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$75bn-$100bn
7%
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