The Democrats' dramatic takeover of Congress in last week's election will create a more consumer-oriented environment for the property-casualty insurance industry to cope with, but does not derail the industry's agenda–and could actually bolster support on key issues such as federal terrorism insurance, lobbyists for the business believe.

Election Day handed clear control of the House of Representatives to Democrats, with a razor-thin victory in Virginia's U.S. Senate race giving Democrats a slim majority in the upper house of Congress as well.

“Under pressure from his constituents,” Rep. Barney Frank, D-Mass.–who will become chairman of the House Financial Services Committee–”will have a more consumer-oriented agenda,” said Carl Parks, senior vice president for governmental affairs at the National Association of Mutual Insurance Companies.

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