Reasonable Regulation

Posted On: June 17, 2009, 4:02 pm CDT
Posted By: Larry Lubell
Comment:
Any plan that results in the Federal Government "Micro-Managing" individual insurance companies, would be a grave mistake.But the Obama plan to provide some basic oversight to protect consumers as well as other insurance companies from an AIG type melt-down is a sound and rational decision. There are to many companies that are in very sorry financial condition. This can result in putting the public as well as other healthy companies (Required to pay into state guarantee funds) into a vulnerable position. www.urbaninsuranceagency.com


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