While insurance is primarily regulated in a state-by-state basis, what is the purpose of federal insurance laws?

While insurance is primarily regulated in a state-by-state basis, what is the purpose of federal insurance laws?



(a.) To oversee the operation of the insurance industry as a whole.

b. To regulate other government agencies involved with the insurance industry.

c. To assure that all states have mandatory seat belt laws.

d. None of the Above



Answer: A

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