The regulation of insurance has, under federal legislation, been left to the states.

Name: The regulation of insurance has, under federal legislation, been left to the states.
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The regulation of insurance has been left to the states under federal legislation. This is due to the Tenth Amendment of the US Constitution which grants powers not delegated to the federal government to the states. As such, states have their own insurance laws and regulatory bodies.

The Regulation of Insurance Has, Under Federal Legislation, Been Left