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.
END
