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Insurance de-reg bill stalls in Senate

With little discussion, Sen. Mike Bennett postponed his property insurance de-regulation bill in Ways and Means today. (See a write-up of the issue here.) Afterward, he blamed continued problems with the governor's office, which has threatened a veto of the legislation. He specifically singled out Insurance Commissioner Kevin McCarthy.

"It's pretty hard to overcome when you've got somebody like McCarthy, who absolutely is totally out of control," Bennett said. "The governor doesn't understand that. That's who the governor's got as agency head -- why would I bang my head up against the wall (on the bill)?"

Bennett said "it's early in the game" and that the bill still has a chance.


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