One part of the McCarran-Ferguson Act was that it ___________. A. designated the Federal Reserve as...

One part of the McCarran-Ferguson Act was that it ___________.

A.        designated the Federal Reserve as the primary regulator of all insurance companies.
B.         designated the SEC as the primary regulator of insurance companies.
C.         has served to keep the primary regulation of all insurance companies at the state level.
D.        initiated “variable” life insurance products.
E.         instituted capital regulations for insurance companies.

Expert Solution

Option C

McCarran-Ferguson Act has served to keep the primary regulation of all insurance companies at the state level.

jeff jeffy answered 2 years ago

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