The McCarran-Ferguson Act is Good for Consumers
The limited exemption that allows insurers to share loss data promotes competition in the marketplace by putting small and medium-sized companies on a level playing field with much larger competitors. It creates efficiencies for insurers that translate into savings and choice for insurance buyers. Repealing the exemption would create market disruptions in states that can least afford it, especially in recovering markets in coastal areas where small insurers are filling important availability gaps.