Would those of you longing for federal regulation of insurance be quite so enthusiastic about having Uncle Sam overseeing your business if the National Insurance Czar ended up being Eliot Spitzer, the person whose relentless probes turned the industry upside down?
Sound far-fetched? Perhaps, but only because New Yorks crusading attorney general is probably going to be too busy running his home state as governor to take the job.
However, luckily for Democrats, there are plenty of other candidates out there for the new regulatory post who are just as hostile to the industry, such as two-time nemesis John Garamendi, insurance commissioner of California, or longtime gadfly J. Robert Hunter of the Consumer Federation of America.
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