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Quote-a-Day Gifts
Insurance facts, terms, people, websites, history, and events in a calendar. Each day of the calendar year contains an interesting reference devoted to the Insurance industry.  Practical, informative and entertaining.

Insurance

February 22, 2018
PrintedOwl.com
The McCarran-Ferguson Act, also known as Public Law 15, was passed by Congress in 1945 after the Supreme Court ruled in U.S. v. Southeastern Underwriters that insurance could be regulated by the federal government. The law empowers Congress to pass laws in the future that will have the effect regulating insurance. The Act also stipulates when federal antitrust laws apply to insurance.
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