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Old 10-01-09, 10:01 PM
grizzly_bexar's Avatar
grizzly_bexar grizzly_bexar is offline
Carne de res ipsa loquitur
 
Join Date: May 2005
Posts: 9,551

It would be nice if we would undo enough regulation to give the invisible hand a fighting chance.

Seriously, I fight against insurance companies for a living, and it's absolutely true that insurance companies make things difficult as part of their business practice (some of them worse than others). But a lot of that is because of regulation.

And in addition, they scream out for more regulation because they use it as a shield against (1) lawsuits to punish them for unfair and deceptive practices, and (2) new competition.

And the WORST in my experience are governmental or quasi-governmental entities that are immune to suit for unfair insurance practices.
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