Financial Services Industry
Industry: Email Alert RSS FeedRepublicans rule, but P-C bills face hurdles.(Property and casualty )
National Underwriter Property & Casualty-Risk & Benefits Management, January, 2005 by Postal, Arthur D.
THE PROPERTY-CASUALTY INDUSTRY enters 2005 aware that Washington is sympathetic to its federal legislative and regulatory priorities and that it backed the right horses in the 2004 election. However, the question remains whether Congress will get tangled up with the many industry issues that have accumulated over the last several years.
Indeed, the industry's agenda might get lost in the shuffle as Congress deals with issues President George Bush sees as key to his legacy, such as changes in Social Security and making permanent tax cuts enacted during his first term. The Bush administration has made it clear it wants two of the industry's top priorities--reform of the medical malpractice laws and class action lawsuits--handled promptly in the new Congress,...
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