A takeover in the House of Representatives by Democrats wasn’t the dramatic change in Congress leadership that some expected following the midterm elections in the US, particularly as Republicans held on to the Senate. At the same time, the elections results won’t signal dramatic shifts to a few key insurance-related issues that are coming up on the Congress docket for the coming year, according to industry experts.
“Insurance issues by their nature have not been partisan issues,” said Nat Wienecke, senior vice president of federal government relations for the Property Casualty Insurers Association of America (PCI), a sentiment that was echoed by the American Insurance Association (AIA), whose vice president of public affairs Maggie Seidel told Insurance Business, “The AIA’s work on behalf of its members and their policyholders has always been – and will continue to be – bipartisan. We look forward to continuing to work with House Democrats and Republicans on a number of important P&C issues in the new Congress.”
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