This topic contains a solution. Click here to go to the answer

Author Question: All of the following statements about the methods of regulating insurance are true EXCEPT A) All ... (Read 41 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
All of the following statements about the methods of regulating insurance are true EXCEPT
 
  A) All states have insurance laws that regulate the operations of insurers.
  B) Insurers are totally exempt from regulation by federal agencies and laws.
  C) The courts regulate insurance in many ways, including the interpretation of policy clauses and provisions.
  D) State insurance commissioners, through administrative rulings, have considerable power over insurers doing business in their states.

Question 2

The right of the states to regulate the business of insurance was first established by
 
  A) the South-Eastern Underwriters Association case.
  B) the case of Paul v. Virginia.
  C) the Financial Modernization Act.
  D) the Sherman Act.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ngr69

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B




SGallaher96

  • Member
  • Posts: 509
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library