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McCarran-Ferguson Act
(redirected from McCarran-Ferguson Act of 1945)

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McCarran-Ferguson Act
Legislation in the United States, passed in 1945, that exempts insurance companies from anti-trust law, except in cases of boycott, intimidation or coercion. It also states that federal law does not preempt state regulation of insurance (that is, state regulations trump federal law) unless federal legislation explicitly states otherwise. The act remains controversial.
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gov) Oversees National Flood Insurance Program In the Beltway While the McCarran-Ferguson Act of 1945 continues to allow for the state regulation of insurance, recent proposals could lead to an Office of National Insurance.
Washington's watchdogs by Best's Review
Congress itself, in the McCarran-Ferguson Act of 1945, expressly forbade any federal regulation of the business of insurance, leaving that to the states.
Contract enforcement reform by McMath, Sandy S. / Arkansas Business
Many regulators, says Jablonowski, are using terms and vocabulary developed more than 60 years ago when the McCarran-Ferguson Act of 1945 allowed individual states to continue regulating insurers.
Shackled souls: it's hard to innovate when your hands are tied by ... by Tuohy, Cyril / Risk & Insurance
 
 
 
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