Which of the following is not an argument for federal regulation of insurance? A

Question

Which of the following is not an argument for federal regulation of insurance? A.There will be substantial improvement in efficiency due to fewer jurisdictional requirements B.There will be less influence over federal regulators by insurance companies C. It will bring more tax money to the federal government D. More expertly trained personnel Which of the following is not a reason for the comprehensive regulation of insurance? A.Unequal knowledge and bargaining power of buyers and sellers B.Severe impact of insurer insolvency C.Widespread abuse of consumer rights D.Unique pricing problems inherent in insurance

Explanation / Answer

1)

Option C is correct.

It will bring more tax money to the federal government

2)

Option C is correct.

Widespread abuse of consumer rights

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