As of 2012, chartering of life insurance companies can be done only at the state level.

Name: As of 2012, chartering of life insurance companies can be done only at the state level.
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Quizplus · Accepted Answer

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 transferred the authority to charter and regulate insurance companies from the federal government to state governments. Therefore, as of 2012, chartering of life insurance companies can be done only at the state level.

As of 2012, Chartering of Life Insurance Companies Can Be