The chief executive officer of the Property Casualty Insurers Association of America warned his members last week to beware of a "divide and conquer" strategy in Washington when it comes to nailing down regulatory and health care reform.
David A. Sampson, CEO and president of PCI, said his concern is that in dealing with federal lawmakers and the White House, "industries will be cutting their own best deals and throwing the other guy under the bus."
Interviewed by National Underwriter prior to his speech last week in Orlando at PCI's annual meeting, Mr. Sampson said the debate over health care reform has pitted doctors, pharmaceutical companies and insurers against one another, just as those lobbying to shape energy legislation have seen nuclear, renewable and other energy sectors "trying to cut their best deal regardless of what that means. We're going to guard against that in the property and casualty industry."
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