Some Insurance Regulators Say They Can Work with Obamcare Fix

About half the states are okay with it


nsurance regulators in about half of U.S. states have now declared where they stand in response to President Barack Obama's plan to allow a one-year extension of policies canceled because they don't comply with the health law.

So far, most support the initiative—or at least aren't blocking insurers who want to take advantage of it.

Mr. Obama's decision was aimed at quelling protest over the termination of millions of individual policies held by people who had purchased coverage directly with insurers, instead of receiving it from their employers or a government program.