Which of the following requires insurers to disclose when an applicant's consumer or credit history is being investigated?

Which of the following requires insurers to disclose when an applicant's consumer or credit history is being investigated?


A) 1970 - Fair Credit Reporting Act.

B) 1959 - Intervention by (SEC) The Securities and Exchange Commission.

C) 1999 - Financial Services Modernization Act.

D) 1945 - The McCarran-Ferguson Act.


Answer: A) 1970 - Fair Credit Reporting Act.

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