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Industry groups tried to put a positive spin on a grim report yesterday suggesting that insurers no longer deserve a limited exemption from federal antitrust law. With momentum building to pull the rug out from under the McCarran-Ferguson Act, it might be time to start thinking about Plan B. What will insurers do if their precious shield is stripped away? How would they adapt? Who would survive, and who wouldn't?


To read the full NU news stories about the report by the Antitrust Modernization Commission, click here. To read more about the industry's reaction, click here.

If all you want are the highlights, note the commission's essential conclusion: Insurers don't deserve an antitrust exemption, and any concerns about particular McCarran benefits–such as insurer data sharing–should be worked out in the courts.

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