The regulation of insurance has been left to the states.

Name: The regulation of insurance has been left to the states.
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In the United States, the regulation of insurance has traditionally been left to the individual states, rather than being centrally controlled by the federal government. This is in line with the McCarran-Ferguson Act of 1945, which explicitly states that the regulation of the insurance industry is a matter for state law, unless federal law specifically provides otherwise.

The Regulation of Insurance Has Been Left to the States