Mid Term Elections will Affect Insurance

Tuesday's mid term election will give the insurance industry something to think about on Wednesday Nov 3rd. No matter the outcome the industry will have to deal with an increasing Federal push into regulation of insurance. The thought is that the Republicans will still push for some Federal regulation but will still keep most of the State regulation infrastructure in tact. If the Dems keep control then the State system could be in jeopordy as some people think. My thought is that either way the insurance industry is changing to more Fed regulation and less State oversight. I see this trend continuing under the Republican or Democratic controlled Congress. Until next time be careful out there and know your risks. K

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