GRAPEVINE, TEXAS--Repealing the insurance industry's limited anti-trust exemption would actually cause more harm than good for consumers, according to a study announced today.
The analysis, conducted by Lawrence Powell, a professor at the University of Arkansas in Little Rock, was released at the National Association of Mutual Insurance Companies annual convention here.
Mr. Powell's findings were as much an exercise in helping to define the exemption as advocating for it to be maintained.
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