As of 2015,the primary regulator of both the life and property-casualty insurance industry is/are the

Question

Quizplus · Accepted Answer

State insurance commissions regulate the insurance industry in each state, including both the life and property-casualty sectors. The NAIC (National Association of Insurance Commissioners) is a voluntary organization that sets industry standards and provides support to state insurance commissions, but it does not have regulatory authority. The Federal Reserve and IRIS (Insurance Regulatory Information System) do not have primary regulatory responsibility for the insurance industry.

As of 2015,the Primary Regulator of Both the Life and Property-Casualty