The U.S. House of Representatives Judiciary Committee voted 20-9 in favor of H.R. 3596, the Health Insurance Industry Antitrust Act, which would partially repeal the McCarran-Ferguson Act. The House leadership has not scheduled consideration for the floor.
The Automotive Service Association (ASA) supports a repeal of the McCarran-Ferguson Act including those protections for property and casualty insurers. A full repeal is proposed in H.R. 1583, which was introduced by Rep. Peter DeFazio, D-Ore., and is co-sponsored by Rep. Gene Taylor, D-Miss., and would impact the insurance industry as a whole, including property and casualty insurers.
To view text of H.R. 3596 or H.R. 1583, visit ASA’s legislative Web site at www.TakingTheHill.com.