A shortcoming of state regulation of insurance according to Congressional committees and the General Accounting Office is that state regulation

Question

Quizplus · Accepted Answer

According to Congressional committees and the General Accounting Office, state regulation of insurance provides inadequate consumer protection. This is because states may have different standards and regulations, and consumers may not be aware of the differences between them, leading to confusion and potential harm.

A Shortcoming of State Regulation of Insurance According to Congressional