The insurance industry, represented by the Dominican Chamber of Brokers (CADOAR) has flatly rejected the proposal put forward by several senators that would place a consumer tax on insurance. The CADOAR spokesperson said that this sort of tax would be a “very hard blow to the sector” since they were in a shrinking market that had already reported a 10% decline in 2005. According to the organization, insurance is especially susceptible to increased costs, which tend to push clients to look for insurance from outside the Dominican Republic. As reported by Hoy, the insurance people are worried by the increasing purchase of lower cost insurance policies in the United States. The CADOAR pointed out that the government could lose important income if some of the larger customers decide to reinsure their policies in the US.