Insurance companies are exempt from antitrust laws whenever state regulation exists.

Name: Insurance companies are exempt from antitrust laws whenever state regulation exists.
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Question

Insurance companies are exempt from antitrust laws whenever state regulation exists.​

Quizplus · Accepted Answer

The McCarran-Ferguson Act of 1945 provides that, to the extent that insurance is regulated by state law, the insurance industry is exempt from federal antitrust laws. This means that insurance companies are not subject to the same antitrust regulations as other businesses, as long as state regulation exists.

Insurance Companies Are Exempt from Antitrust Laws Whenever State Regulation