To Repeal Or Revise the McCarran-Ferguson Act: Hearings Before the Committee on the Judiciary, United States Senate, One Hundredth Congress, First Session on S. 80 ... S. 1299 ... February 18 and June 2, 1987, Volume 4

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U.S. Government Printing Office, 1989 - 598 páginas
 

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Página 532 - laws may sue therefor in any district court of the United States in the district in which the defendant resides or is found or has an agent, without respect to the amount in controversy, and shall recover threefold the damages by him sustained, and the cost of suit, including a reasonable attorney's fee. The court may award under this
Página 531 - et seq.], shall be applicable to the business of insurance to the extent that such business is not regulated by State law. (Mar. 9, 1945, ch 20, §2, 59 Stat. 34; July 25, 1947, ch 326, 61 Stat. 448.) §1013. Suspension until June 30, 1948, of application of certain Federal laws; Sherman
Página 247 - interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the greatest material progress, while at the same time providing an environment conducive to the preservation of our democratic political and social institutions.
Página 16 - Exemption Is Undesirable Mr. Chairman, I start from the premise that, in the words of the Supreme Court, "the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the greatest material
Página 12 - Mr. Chairman, I start from the premise that, in the words of the Supreme Court, "the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest price, the highest quality and the greatest material progress.
Página 96 - At first, this issue might appear to be an unusual focus of concern for an organization of State legislators. Since the declared purpose of the McCarran-Ferguson Act is to provide for the continued regulation and taxation by the several States of the business of insurance, one would not normally expect State officials to take the lead in advocating its modification or repeal.
Página 246 - They are as important to the preservation of economic freedom and our free enterprise system as the Bill of Rights is to the protection of our fundamental personal freedoms. And the freedom guaranteed every business, no matter how small, is the freedom to compete — to assert with vigor, imagination, devotion, and ingenuity whatever economic muscle it can muster.
Página 131 - The business of insurance, and every person engaged therein, shall be subject to the laws of the several states which relate to the regulation or taxation of such business. By
Página 531 - (a) State regulation. The business of insurance, and every person engaged therein, shall be subject to the laws of the several States which relate to the regulation of taxation of such business.
Página 53 - The business of insurance and every person engaged therein shall be subject to the laws of the several States which relate to the regulation of taxation of such business.

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