WASHINGTON–U.S. senators from the Gulf Coast are unleashing a multipronged legislative attack on the property-casualty insurance industry for sins they perceive in insurers' handling of hurricane claims.

First, a group of Gulf Coast senators, including those from Florida, Mississippi and Louisiana, introduced legislation Jan. 12 that would create a commission with the job of recommending promptly a “comprehensive approach” to dealing with the nation's property-casualty insurance “issues.”

Second, Sen. Trent Lott, R-Miss., said Jan. 19 that he would join with Sen. Patrick Leahy, D-Vt., chairman of the Senate Judiciary Committee, in introducing legislation that would repeal the McCarran-Ferguson Act federal antitrust exemption for the property-casualty insurance industry.

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