A law passed by Congress that gave states the right to regulate the insurance business. Often states have a Department of Insurance that is responsible for regulating insurers.
McCarran-Ferguson Act of 1945 - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"McCarran-Ferguson Act of 1945." YourDictionary, n.d. Web. 19 January 2019. <https://www.yourdictionary.com/mccarran-ferguson-act-of-1945>.
APA Style
McCarran-Ferguson Act of 1945. (n.d.). Retrieved January 19th, 2019, from https://www.yourdictionary.com/mccarran-ferguson-act-of-1945
