...statutes. The anticompetitive implications of this continued exemption were pointed out in the 1979 report of the National Commission for the Review of Antitrust Laws and Procedures which stated, "As presently interpreted the MrCarran-Ferguson Act effectively may immunize from the...

...expected from an industry entrusted with such a privilege and, therefore, it should be repealed. 24/ Report to the President and the Attorney General of...Commission for the Review of Antitrust Laws and Procedures, January 22, 1979 at p. 64. The Commission went on to recommend also that certain narrowly drawn federal...

...and foreign countries. As far back as 1979, Senator Javits wrote a separate statement in the report of the National Commission for the Review of Antitrust Laws and Procedures arguing for a commission to examine the application of the antitrust laws in the international context....

...conspiracy to impose fraudulent policy interpretations on insureds and to limit the benefits that 7 Report of the National Commission for the Review of Antitrust Laws and Procedures 226 (1979) ("NCRALP Report"). 8 Grant v. Erie Insurance Exchange, 542 F. Supp. 457 (MDPa. 1982), aff'd....

...expected from an industry entrusted with such a privilege and, therefore, it should be repealed. 24/ Report to the President and the Attorney General of...Commission for the Review of Antitrust Laws and Procedures, January 22, 1979 at p. 64. The Commission went on to recommend also that certain narrowly drawn federal...

...broad immunity for the business of insurance granted by the McCarran-Ferguson Act should be repealed." Report to the President and the Attorney General of...Commission for the Review of Antitrust Laws and Procedures, January 22, 1979 at p. 64. The Commission went on to recommend also that certain narrowly drawn legislation...

...bear the expense of litigation as it proceeds. My firm has literally sunk millions of dollars in 3 Report to the President and the Attorney General of...Commission for the Review of Antitrust Laws and Procedures 2, 80 (1979). expenses and time into a case before receiving any recovery. Filing a complex case blithely...

...process we described. In conclusion, we leave you with a quote from the 1978 "Staff Paper on Insurance" of the National Commission For the Review of Antitrust Laws and Procedures. In laying out various options relating to the McCarran Act, the staff proposed, as Option 5, making...

...(Statement of Ralph Nader and Mark Green); cf. id., vol. II at 9-17 (Statement of Richard Posner). I REPORT TO THE PRESIDENT AND THE ATTORNEY GENERAL OF...COMMISSION FOR THE REVIEW OF ANTITRUST LAWS AND PROCEDURES vi-ix (1979). MARC A. EISNER, ANTITRUST AND THE TRIUMPH OF ECONOMICS 5, 146-49 (1991) (arguing generally...

...that: (1) the Act be retained since it is heavily utilized by certain industries, (2) the |7.16. 'See Report to the President and the Attorney General of...Commission for the Review of Antitrust Laws and Procedures (Govt. Printing Office 1979). 2Id. at 295. 'Id. at 385. 4Report of Business Advisory Panel on Antitrust...