Very early regulatory efforts began witha. States issuing charters to insurance companiesb. Passage of the McCarran Ferguson Actc. Passage of the Financial Modernization Actd. Passage of the Dodd-Frank Wall Street Reform Act

All are types of rating laws excepta. File-and-report lawb. File-and-use lawc. Prior-approval lawsd. Use-and-file laws

20.Most states forbid rebating of premiums, which is providing an individual a premium reduction or some other financial advantage not stated in the policy as an inducement to purchase the policy. Consumer groups, however, believe that anti-rebating laws are harmful to consumers. Critics argue that prohibiting rebating does all of the following except:a. Decreases pricing competitionb. Increases price competition, providing lower rates