Since publication of the second edition of Insurance Antitrust Handbook, the insurance industry has been in the headlines regarding antitrust-related issues, including merger challenges, state and federal antitrust enforcement actions, and private party multidistrict litigation class action proceedings. This third edition has been completely updated to incorporate and assess the changes that have occurred in insurance antitrust law over the last ten years. Insurance Antitrust Handbook, Third Edition is a general guide to the application of the federal antitrust laws to common activities in the insurance industry.

Following an introductory discussion, chapter II provides an overview of the federal antitrust laws. The handbook focuses primarily on federal antitrust laws, but the principles discussed are generally applicable to state antitrust laws, which typically are patterned on the federal statutes. The next several chapters examine whether the insurance industry's main practices -- such as collective ratemaking, standardization of insurance policy forms, and joint underwriting -- would be lawful absent an exemption. The final chapter broadly describes how insurance companies and their counsel can implement an effective compliance program to minimize antitrust exposure.

Insurance Antitrust Handbook, Third Edition is a valuable resource both for the insurance industry generally and for lawyers advising clients regarding federal antitrust laws.