CNC Insurance Delaware Business Insurance Update:Fiscal Cliff talks sending warnings to the P&C Industry

The Federal Government is looking for capital. The fiscal cliff talks have gotten some in Congress to look in the direction of the P&C insurance industry. What this will mean in the future is not clear but change will occur. The industry is flush with money and the Federal Government is trying to keep itself in the game by controlling the money supply.  There will be a "crossing of paths" down the road and how the insurance industry holds onto its capital to pay future losses, will most likely come under scrutiny or under the tax code.  Stay tuned....  Until next time be careful out there and know your risks.
G. Kevin Nemith, business and small business insurance, enterprise risk , specialists serving DE, PA, MD, and NJ.
www.cncinsurance.com
www.bizinsurancetv.org

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