保险基本原理第 245 / 531 题
Under the McCarran-Ferguson Act, the business of insurance is:
a.left to state regulation so long as the states regulate it
b.regulated nationally by a single federal insurance commissioner
c.regulated by the states for life lines and federally for others
d.exempt from all federal law, including the criminal statutes
解析
McCarran-Ferguson declares that regulating and taxing insurance is in the public interest as a matter for the states, and it holds most federal law back to the extent that a state actually regulates the subject. That is why licensing, rate filings and market conduct are state functions across all lines. It is not a blanket exemption from federal law, and there is no single federal insurance commissioner.
免费刷完整 531 道题库 — 无需注册。
Own the complete California Property & Casualty Broker-Agent guide — PDF + EPUB, $24.99 →
同考点相关题目
- A commercial account with a difficult exposure is placed through surplus lines. Compared with an admitted insurer, the surplus lines insurer:
- A residual market mechanism such as an assigned-risk plan exists in order to:
- A primary insurer signs an agreement under which the reinsurer must take an agreed share of every commercial property risk in a defined class. This is:
- Rates are required to be adequate, not excessive, and not unfairly discriminatory. A rate meets the adequacy test when it:
- Premium equals the rate multiplied by the number of exposure units. Which exposure base is normally used to rate workers compensation?
- An insurer's incurred losses run 68% of premium and its underwriting expenses run 29%. Its combined ratio and what that ratio shows are:
最近核对： · 审核流程
PrepPass 团队 · 依据官方资料核对 California Property & Casualty Insurance License Exam · 我们如何核对