[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 352 Introduced in Senate (IS)]
108th CONGRESS
1st Session
S. 352
To ensure that commercial insurers cannot engage in price fixing, bid
rigging, or market allocations to the detriment of competition and
consumers.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
February 11, 2003
Mr. Leahy (for himself, Mr. Kennedy, Mr. Durbin, Mr. Edwards, Mr.
Rockefeller, Mr. Reid, Mrs. Boxer, Mr. Feingold, and Mr. Corzine)
introduced the following bill; which was read twice and referred to the
Committee on the Judiciary
_______________________________________________________________________
A BILL
To ensure that commercial insurers cannot engage in price fixing, bid
rigging, or market allocations to the detriment of competition and
consumers.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Medical Malpractice Insurance
Antitrust Act of 2003''.
SEC. 2. PROHIBITION ON ANTI-COMPETITIVE ACTIVITIES.
Notwithstanding any other provision of law, nothing in the Act of
March 9, 1945 (15 U.S.C. 1011 et seq., commonly known as the
``McCarran-Ferguson Act'') shall be construed to permit commercial
insurers to engage in any form of price fixing, bid rigging, or market
allocations in connection with the conduct of the business of providing
medical malpractice insurance.
SEC. 3. APPLICATION TO ACTIVITIES OF STATE COMMISSIONS OF INSURANCE AND
OTHER STATE INSURANCE REGULATORY BODIES.
This Act does not apply to the information gathering and rate
setting activities of any State commissions of insurance, or any other
State regulatory body with authority to set insurance rates.
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