Life insurance companies are supervised and regulated by the

Question

Quizplus · Accepted Answer

Life insurance companies are regulated by the states in which they operate. State insurance departments have the authority to supervise and regulate the financial solvency and market conduct of insurers within their state. The Securities and Exchange Commission primarily regulates securities markets and investment companies, while the Federal Reserve oversees monetary policy and regulates banks. The Federal Home Loan Bank Board is responsible for regulating and supervising federal savings and loan institutions. Therefore, only choice C is the correct answer.

Life Insurance Companies Are Supervised and Regulated by the