...Rept. 406); S. 1508, to extend until June 30, 1948, duration of act affirming intent of Congress that regulation of the business of insurance should be left to the States (S. Rept. HR 770, private relief bill (S. Kept. 408). p age 7903 Bills Referred: The following House-passed...

...(1944). Congress has, as noted by HIAA in its testimony, expressed its intent that, with some exceptions, regulation of the business of insurance should be left to the states, McCarran-Ferguson Act, 15 USC 5 1011. With this authority, the Supreme Court has stated that "the power...

...insurance companies, banks, and foreign companies and broker that do business in the United States.1 Because no insurance licensing and regulatory scheme...insurance industry are the States themselves. However, different actors in the insurance industry — including foreign insurers, domestic re-insurers and...

...business; and Part in outlines one approach to implementing such a mechanism. DISCUSSION I. Functional Regulation of the Business of Insurance Should be Left to the States As an initial matter, this Committee should make it clear that every entity that engages in the underwriting...

...burden of making piecemeal determinations of whether individual state laws are or are not preempted. II. Regulation of the Business of Insurance Should be Left to the States In HR 268, this Committee should reiterate that every entity that engages in the underwriting or sale...

...engages in the underwriting or sale of insurance is bound by State laws that regulate those activities. Because no insurance licensing and regulatory scheme...regulations in States in which they are currently engaging io the business of insurance. Although the Office of the Comptroller of the Currency O'OCC") has recognized...

...undermined in any way as other industries become more heavily involved in providing insurance services. //. Regulation of the Business of Insurance Should be...the insurance industry are the States themselves. Some national banks, however, appear to believe that they are exempt from at least some of the governing...

...Representatives Committee on Banking and Financial Services February 10, 1999 Washington, DC I. The Functional Regulation of the Business of Insurance Should be Left to the States As an initial matter, this Committee should reiterate that every entity that engages in the underwriting...

...National Association of Insurance Commissioners has levied against the NARAB proposal. The Functional Regulation of the Business of Insurance Should Be Left to the States As an initial matter, this Committee should reiterate that every entity that engages in the underwriting...