As you have read, insurance is predominately regulated by the various states. In fact, until recently, states held what could be called a regulatory monopoly on what insurers could and could not do within their respective borders. However, given the numerous deficiencies in the American healthcare system, Congress has begun to play a more active role in the area of health insurance.

1. Should the federal government continue to play an active role to manage and regulate health insurance, or should states continue to individually regulate health insurers?

2. Should the federal government expand its regulatory oversight powers to include other types of insurance sectors (e.g., property, commercial general liability, casualty, life insurance, etc.)?