This is not a good time to be trying to predict with accuracyhow the insurance industry will fare in the wake of the 2016elections. Much remains unknown.
One factor that will come into play is the extent to whichPresident-elect Donald Trump differs on some specific issues fromthe Republican Congress. Usually, when the same party holds thepresidency and majorities in both houses of Congress, the pictureis clear. This time, Trump's inexperience in the political arenamakes the insurance industry's future uncertain.
An altered landscape
Controlling both houses of Congress, Republicans are likely toconcentrate on reducing regulations, cutting taxes and generallypursuing business-friendly policies that promote economic growth.Trump, a businessman, can be expected to support these broadgoals.
Under this rubric, an issue such as tax reform should be ano-brainer. Another area in which change is likely to proceedsmoothly is the effort to roll back portions of the Wall StreetReform and Consumer Protection Act (Dodd-Frank).
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