WASHINGTON–The National Association of Mutual Insurance Companies said its top legislative priority this year will be halting efforts to repeal the McCarran-Ferguson Act antitrust exemption for insurers.
Legislative priorities for the Indianapolis-based trade group were identified at the organization's annual federal affairs committee meeting in early February in New Orleans.
Other issues that “pose the most serious threats to our industry,” NAMIC officials said, include the impending expiration of the Terrorism Risk Insurance Act; flood-related issues; underwriting restrictions; small company taxation and insurance regulatory reform.
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