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a. The governing federal insurance law is the McCarran-Ferguson Act (Public Law 15) which turns over the regulation of the insurance industry to the states.

a. The governing federal insurance law is the McCarran-Ferguson Act (Public Law 15) which turns over the regulation of the insurance industry to the states. b. State insurance commissioners regulate interstate securities laws. c. COBRA and HIPAA are federal regulations that affect the continuation of health care coverage. d. The Federal Insurance Office is tasked with monitoring all aspects of the insurance industry (except health insurance, some long-term care insurance, and crop insurance)

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