WASHINGTON–The unexpected election yesterday of Sen. Trent Lott, R-Miss, to a top post in the Republican caucus has cast gloom over property-casualty insurance representatives.
Sen. Lott is currently engaged in a legal battle with his home insurance carrier. He recently inserted a provision in an appropriations bill requiring the Department of Homeland Security to investigate insurers' handling of Hurricane Katrina claims.
Sen. Lott's election to minority whip, the party's second ranking Senate leadership post, has the industry privately girding for battle, while hoping his appointment will not result in punitive legislation against the insurance sector.
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