NU Online News Service, Nov. 13, 10:15 a.m. EST
The health care reform bill passed by the House and sent to the Senate is a "trial lawyer's dream," and could have some degree of a "spillover effect" to the property and casualty industry, according to Insurance Information Institute (I.I.I.) President Robert P. Hartwig.
Speaking at the National Underwriter/Ernst & Young 21st Annual Executive Conference for the Property and Casualty Industry, Mr. Hartwig said the industry is in an "era of no tort reform" that began in 2006, adding that a tort crisis could be on the horizon by 2012-2014.
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