In an attempt to create some consistency among the 50different states, the__________________ develops model laws and regulations that are often used by states when they are revising or writing legislation.
A) McCarran-Ferguson Act
B) National Association of Insurance Commissioners
C) Financial Modernization Act
D) New York State insurance commissioner
Correct Answer:
Verified
Q19: The law that exempts life insurance companies
Q20: Coinsurance serves as a defense against moral
Q21: For a property and casualty insurance. liquidity
Q22: Regulations of the insurance industry can be
Q23: In order to compensate for higher expected
Q25: The _ allowed insurance companies to combine
Q26: Major losses to the insurance industry occurred
Q27: Which of the following allows for a
Q28: Which of the following allows for a
Q29: Which of the following provides a death
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