Insurance think tank forecasts more mergers, political gridlock
October 25, 2016 by Warren S. Hersch
Whoever wins the White House in November, relations between the major political parties in Washington may be as combative as ever, as neither Democrats nor Republicans are likely to secure control of both houses of Congress. That will make it difficult to enact long-stalled legislation on major national issues.
The source of this dismal forecast: top executives of the Insurance Information Institute (III). They co-presented a special address on the impact of the November elections on insurers during the closing day of the “7th Annual Insurance M&A Symposium,” held Thursday at the Union League Club in New York City.
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