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Issues and Needed Improvements in State Regulation of the Insurance Business (Executive Summary)
PAD-79-72A: Published: Oct 9, 1979. Publicly Released: Oct 9, 1979.
States have the primary responsibility for regulating the business of insurance. Critics charge the national insurance industry is not effectively regulated at the State level, and that the State insurance departments do not adequately protect consumers. State regulators, on the other hand, maintain that they do serve the public. GAO examined the resources and activities of the State insurance dep...