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RISKY BUSINESS
Insurance Markets and Regulation
Edited by Lawrence S. Powell
To say insurance regulation in the United States Is complicated is an understatement The current system requires insurers to desi with 56 separate jurisdictions, each with its own mies and regulations- Glues contend that the inefficiencies of this fragmented system create billions of dollars in costs that are ultimately passed on to consumers in the form of higher premiums, They believe that the best solution would be a uniform federal system of regulation. It Is a heated economic...