National Association of Mutual Insurance Companies

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McCarran-Ferguson Opposition, War-room – Subject of CNBC Story

McCarran-Ferguson Opposition, War-room – Subject of CNBC story today

WASHINGTON (March 7, 2007) — Representatives of the National Association of Mutual Insurance Companies (NAMIC) and its Congressional Contact Program (CCP) Task Force were interviewed today for a story on CNBC. The camera crew descended onto NAMIC’s Washington, D.C., offices following today's Senate Judiciary Committee hearing on legislation to repeal the McCarran-Ferguson Act, which provides insurers a limited exemption to federal antitrust laws.

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With NAMIC’s McCarran-Ferguson war-room serving as a backdrop, the crew taped 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.

The piece is tentatively scheduled to air today at the following times :
2:00 hour, during Street Signs
4:00 hour, during Closing Bell
During the 7:00 hour (possibly).

McCarran Hearing Summary

NAMIC Statement to the Sentate Judiciary Committee

Posted: Wednesday, March 07, 2007 12:00:00 AM. Modified: Tuesday, April 24, 2007 9:20:23 AM.

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(317) 875-5250 - Indianapolis | (202) 628-1558 - Washington, D.C.