McCarran-Ferguson Restoration Act eliminates the Federal Insurance Office and establishes a United States Insurance Representative within the.
The McCarran-Ferguson Restoration Act eliminates the Federal Insurance Office of the Department of the Treasury and establishes a United States Insurance Representative within the same department. The Representative will coordinate federal efforts and develop policy on international insurance matters, assist the Secretary in negotiating international agreements, and determine whether state insurance measures are preempted by such agreements. The Representative will also consult with states on insurance matters of national and international importance.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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