The insurance industry currently operates under 50 different sets of regulations in 50 states. This makes it difficult and expensive, to develop innovative products for our customers. A national set of rules would drive unnecessary costs out of the system and unleash innovation and competition in the marketplace. That's why Allstate is calling for more modern, uniform national regulation and asking Congress to pass H.R. 1880 — the National Insurance Consumer Protection Act.
Allstate supports H.R. Bill 1880 - National Insurance Consumer Protection Act.
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PDF of Bill
Press Release