McCarran-Ferguson Opposition, NAMIC’s War Room Subject of CNBC Segment

NAMIC’s McCarran-Ferguson war room was highlighted last Thursday in a CNBC segment about the ongoing hearings on the possible repeal of the McCarran-Ferguson Act, which provides insurers a narrow exemption to federal antitrust laws.

The camera crew descended upon NAMIC’s Washington, D.C., offices following the Senate Judiciary Committee hearing on McCarran repeal legislation. With NAMIC’s McCarran-Ferguson war room serving as a backdrop, the crew taped NAMIC’s Congressional Contact Program Task Force members as they kicked off the 2007 grassroots program. The crew also interviewed NAMIC Senior Vice President of Government Affairs Carl Parks about the unintended consequences of repealing the Act.

Direct questions to NAMIC’s Senior Director of Federal Affairs Marliss Browder.

Posted: Tuesday, March 13, 2007 12:00:00 AM.

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We are 1,400 property/casualty insurance companies serving more than 135 million auto, home and business policyholders, with more than $196 billion in premiums accounting for 50 percent of the automobile/homeowners market and 31 percent of the business insurance market. We are the largest and most diverse property/casualty trade association in the country, with regional and local mutual insurance companies on main streets across America joining many of the country’s largest national insurers who also call NAMIC their home. More than 200,000 people are employed by NAMIC members.