One result of the Gramm-Leach-Bliley act has been:
A) the separation of banks and insurance companies
B) greater consistency of agent licensing requirements across state lines
C) increased restrictions on where agents and insurers may operate
D) both A and C
Correct Answer:
Verified
Q21: The main outcome of the Gramm-Leach-Bliley Act
Q22: The McCarran-Ferguson Act recommended that:
A) states dismantle
Q23: The failure of three large life insurance
Q24: Under regular audits and solvency testing an
Q25: What is the purpose of the asset
Q27: The Merritt Committee Investigation looked into solutions
Q28: IBNR reserves are an estimate of:
A) losses
Q29: An alien insurer is:
A) one that is
Q30: NAIC stands for:
A) National Association of Investment
Q31: What is the purpose of the interest
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