does the federal government have authority over the insurance companies?
2007-10-20 13:59:00 · 5 answers · asked by M. Nick 2 in Business & Finance ➔ Insurance
No, each state has an insurance commissioner, which has authority over insurance companies that are licensed to do business in their state.
2007-10-20 15:44:21 · answer #1 · answered by Anonymous 7 · 2⤊ 1⤋
Insurance companies are regulated by each state. The federal government does not have any authority.
You would need to contact the Insurance Department for your state.
2007-10-20 14:05:50 · answer #2 · answered by Boots 7 · 4⤊ 0⤋
your state's insurance commissioner
2007-10-20 14:02:25 · answer #3 · answered by binda 3 · 5⤊ 0⤋
Very few, they tend to run just about everything they want. They can be overruled by the courts though.
2007-10-20 14:09:30 · answer #4 · answered by BigJ 2 · 0⤊ 5⤋
you may want to look into these:
http://links.jstor.org/sici?sici=0012-7086(197401)2%3A1973%3A6%3C1340%3AFROICT%3E2.0.CO%3B2-6
http://www.wileyrein.com/publication_newsletters.cfm?ID=27&year=2005&publication_ID=12334&keyword=
2007-10-20 14:13:05 · answer #5 · answered by VelvetBrick 2 · 0⤊ 3⤋