05/15/2012
https://congress.gov...
"But understanding the impact that it could have on our domestic insurance market if we have to impose upon them international standards, which we had a chance to preempt, had we had a little bit more ..."
"And they should take that into consideration."
"Every time the government gets in the business of business, it draws some concerns."
"And does the market not work perfectly because some of the prices that are involved in the market are competitively low and set by government?"