The malaise in the U.S., where stimulus is still the word of the day, stands in contrast to active recoveries in Europe and Asia, where governments are actively removing stimulus.
Given the massive infrastructure spending anticipated under the Obama administration's new stimulus plan, the market has a need for more than one active insurer, Dinallo said Wednesday.
While most Democrats are pushing back from the idea of a second stimulus, Rep. Alcee Hastings indicated Wednesday that there is an active dialogue about the subject.