Multiple Choice
Which one of the following is an argument for federal regulation of the insurance transaction?
A) if there were federal regulation, state regulation would still be required for intrastate transactions
B) state regulation allows experimentation and isolation of bad laws
C) many states do not have enough trained people to regulate insurance efficiently
D) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following is not an
Q7: Under the provisions of the Gramm-Leach-Bliley Act,all
Q10: The right of the states to regulate
Q11: Which of the following best describes the
Q14: The main outcome of the Gramm-Leach-Bliley Act
Q16: A foreign insurer is a non-U.S. insurer.
Q39: An alien insurer is a non-U.S. insurer.
Q41: A life insurer's policy reserve equals the
Q42: Insurance regulations require legal reserves and surplus
Q57: A legal reserve is a cash asset