The McCarran Act stated that the federal government would not regulate insurance as long as an adequate job of regulating the industry was done by the ___.

Question

Social Studies

Payten Goodwin

10 November, 18:59

The McCarran Act stated that the federal government would not regulate insurance as long as an adequate job of regulating the industry was done by the ___.

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Answers (1)

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Lillie Ruiz · Answer 1

According to the McCarran Act, insurance will not regulate until the regulation of job is done by states.

Explanation:

According to the McCarran Act, insurance will not regulate until the regulation of job is done by states. This act is enacted to demand communist organizations to register into the justice department for finance, etc. The main function behind introducing this Act is to supervise the subversive activities.

the other name of this Act is the internal security Act, 1950.