Ask Question
21 September, 14:54

Why is there no federal agency that regulates insurance companies?

+3
Answers (1)
  1. 21 September, 15:45
    0
    There is no federal regulatory agency that oversees insurance companies. A primary function of each state's Department of Insurance is to assure that insurance companies operating in the state are financially sound, so that the company will have the financial ability to meet its obligations to pay claims.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why is there no federal agency that regulates insurance companies? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers