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Quote-a-Day Gifts
Insurance facts, terms, people, websites, history, and events in a calendar. Each day of the calendar year contains an interesting reference devoted to the Insurance industry.  Practical, informative and entertaining.

Insurance

September 21, 2017
PrintedOwl.com
Antitrust laws prohibit trade practices that result in cartels or monopolies. The insurance industry currently operates with limited antitrust exemption. The McCarran-Ferguson Act of 1945 allows insurers to share and pool loss information so they are better able to calculate rates and premiums. McCarran-Ferguson became the subject of insurance industry reform in the wake of Hurricane Katrina.
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