3-67 As of 2009,the primary regulator of both the life and property-casualty insurance industry is/are the

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State insurance commissions are the primary regulators of both the life and property-casualty insurance industry. They oversee and regulate insurance companies within their respective states, ensuring compliance with state laws and regulations, and protecting consumers' interests. The NAIC (National Association of Insurance Commissioners) is a non-profit organization that provides support to state insurance commissioners and helps to develop model regulations, but does not have regulatory authority in and of itself. The Federal Reserve and IRIS are not direct regulators of the insurance industry.

3-67 as of 2009,the Primary Regulator of Both the Life