Mccarran-ferguson Act (public Law 15)

Definition of "Mccarran-ferguson act (public law 15)"

Dilyana Moccaldi real estate agent
Dilyana Moccaldi, Real Estate Agent New Home Real Estate, Llc

1945 federal legislation in which the Congress declared that the states may continue to regulate the insurance industry. Nevertheless, in recent years Congress has expanded the federal government's insurance activities into flood insurance, federal crop insurance, and riot and civil commotion insurance.


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